$37.56
$36.68
$86.45
$36.74
$2.2B
-27.69%
This is a preview of the full version of Prosperse
The U.S. automotive aftermarket is expected to reach $494.01 billion by 2028, growing at a CAGR of 3.08% from 2024 to 2028. Key drivers include growth in automotive production, used car sales, smartphone usage, electric vehicle sales, and urbanization. Trends include growth in average vehicle age, e...
Researchandmarkets.Com
Sep 6, 2024
Advance Auto Parts, a leading auto parts retailer, saw its stock plummet by 28.5% in August due to a disappointing second-quarter earnings report and a series of analyst downgrades. The company has been in turnaround mode for a decade, struggling to improve its margins, inventory management, and abi...
Lee Samaha
Sep 4, 2024
Advance Auto Parts' CEO Shane O'Kelly faces a challenging turnaround as the company struggles with declining profit margins, increased costs, and slashed guidance. The stock has underperformed its peers AutoZone and O'Reilly Automotive over the past decade, and the company is now investing in pricin...
Lee Samaha
Aug 23, 2024
Advance Auto Parts stock fell 15.8% after the company reported weaker-than-expected Q2 earnings. The company plans to sell its Worldpac wholesale business, which will significantly reduce future revenue and earnings.
Rich Smith
Aug 22, 2024
Advance Auto Parts, a leading auto parts retailer, is undervalued due to its inefficient supply chain, which has dragged down its profit margins. However, the company has hired a new CEO with supply chain expertise to streamline operations, which could lead to a significant improvement in profitabil...
Jon Quast
Aug 15, 2024
Date: Oct 25, 2024
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Date: Oct 24, 2024