Another chain store announced it is closing locations. A week after JoAnne Fabrics announced it was closing stores, Advance Auto Parts is continuing in its plan to shutter hundreds of stores and four ...
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Why Shares in Advanced Auto Parts Crashed Today
Shares in auto parts retailer Advance Auto Parts (NYSE: AAP) were lower by more than 8% as of 11 a.m. today. The move came after Goldman Sachs downgraded the stock from neutral to a sell, amid ...
Advance Auto Parts will continue to close hundreds of stores and four distribution centers this year, including more than 90 California locations. The announcement was made in a Wednesday earnings ...
Advance Auto Parts has experienced a decline in market share; and was downgraded to junk status by S&P Global in September. The company has struggled with subpar gross margins, high SG&A expenses, and ...
Subscribe to BizTimes Daily – Local news about the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin. After Raleigh, North Carolina-based Advance Auto Parts ...
Advanced Auto Parts botched its earnings report earlier this week and named a new CEO. Wall Street isn't happy with the news and keeps cutting price targets on the auto parts dealer. And yet, Advanced ...
Layoffs will soon impact several Houston-area Advance Auto Parts locations, according to documents filed with the Texas Workforce Commission. Worker Adjustment and Retraining Notification letters — ...
Advance Auto Parts is continuing in its plan to shutter hundreds of stores and four distribution centers in 2025, the company said in a Wednesday earnings call after initially announcing the closures ...
A heavyweight Wall Street company gave a sell recommendation on the stock. It's a busy year for Advance Auto Parts, and it has a lot to prove after years of underperforming for investors. It's hard ...
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