Q3 Rundown: Advance Auto Parts (NYSE:AAP) Vs Other Auto Parts Retailer Stocks

StockStory12-05

Q3 Rundown: Advance Auto Parts (NYSE:AAP) Vs Other Auto Parts Retailer Stocks As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2489451396?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/SuDYFOlt3RUKRW6FOLH7TA--~B/aD03MDA7dz0xNDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/stockstory_922/7a43e59df9897ba38c81d09f99f809f9","is_english":true,"pubTime":"2024-12-05 14:34","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2489451396","market":"us","top_or_hot":-1,"title":"Q3 Rundown: Advance Auto Parts (NYSE:AAP) Vs Other Auto Parts Retailer Stocks","media":"StockStory","content":"<div>\n<p>Q3 Rundown: Advance Auto Parts (NYSE:AAP) Vs Other Auto Parts Retailer Stocks \n \n\nAs the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) ...</p>\n\n<a href=\"https://finance.yahoo.com/news/q3-rundown-advance-auto-parts-063450857.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Q3 Rundown: Advance Auto Parts (NYSE:AAP) Vs Other Auto Parts Retailer Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQ3 Rundown: Advance Auto Parts (NYSE:AAP) Vs Other Auto Parts Retailer Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-05 14:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/q3-rundown-advance-auto-parts-063450857.html><strong>StockStory</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Q3 Rundown: Advance Auto Parts (NYSE:AAP) Vs Other Auto Parts Retailer Stocks \n \n\nAs the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) ...</p>\n\n<a href=\"https://finance.yahoo.com/news/q3-rundown-advance-auto-parts-063450857.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999001440.SGD","symbol_name":"United Global Dividend Equity Fund A SGD Dist","start_time":0,"source_url":"https://finance.yahoo.com/news/q3-rundown-advance-auto-parts-063450857.html","article_id":"2489451396","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/SuDYFOlt3RUKRW6FOLH7TA--~B/aD03MDA7dz0xNDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/stockstory_922/7a43e59df9897ba38c81d09f99f809f9"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2489451396","pubTimestamp":1733380490,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"As the craze of earnings season draws to a close, here’s a look back at some of the most exciting  results from Q3. Today, we are looking at auto parts retailer stocks, starting with Advance Auto Parts .Cars are complex machines that need maintenance and occasional repairs, and auto parts retailers cater to the professional mechanic as well as the do-it-yourself  fixer. Work on cars may entail replacing fluids, parts, or accessories, and these stores have the parts and accessories or these jobs. While e-commerce competition presents a risk, these stores have a leg up due to the combination of broad and deep selection as well as expertise provided by sales associates. Another change on the horizon could be the increasing penetration of electric vehicles.The 5 auto parts retailer stocks we track reported a softer Q3. As a group, revenues were in line with analysts’ consensus estimates.Founded in Virginia in 1932, Advance Auto Parts  is an auto parts and accessories retailer that sells ev","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999001440.SGD":"United Global Dividend Equity Fund A SGD Dist","AAP":"Advance Auto Parts Inc","ORLY":"奥莱利","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU0965509010.AUD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (AUDHDG) INC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU1506573853.SGD":"MANULIFE GF GLOBAL EQUITY \"AA\" (SGD) INC","QID":"纳指两倍做空ETF","BK4214":"汽车零售","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4585":"ETF&股票定投概念","AZO":"汽车地带","LU2237443382.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA USD","LU2463526074.USD":"NORDEA 1 - GLOBAL CLIMATE ENGAGEMENT \"BP\" (USD) ACC","LU2237443549.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A MIncA SGD-H","LU1037948897.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (HKD) INC","BK4159":"经销商","TQQQ":"纳指三倍做多ETF","LU2237443622.USD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc USD","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","LU2237443978.SGD":"Aberdeen Standard SICAV I - Global Dynamic Dividend A Acc SGD-H","LU1037948541.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (HKD) ACC","LU1934455194.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (USD) ACC","MNRO":"Monro Muffler Brake","BK4588":"碎股","NYSE":"纽交所","LU1934455863.HKD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"A\" (HKD) ACC","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","GPC":"Genuine Parts Co","LU0965509101.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (SGDHDG) ACC",".IXIC":"NASDAQ Composite","LU0965508806.USD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (USD) INC","IE00B5TLWC47.USD":"BNY MELLON LONG-TERM GLOBAL EQUITY \"B\" (USD) ACC","LU0965509283.SGD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (SGDHDG) INC","LU0861579265.USD":"联博低波幅策略股票基金A","SQQQ":"纳指三倍做空ETF"},"translate_title":"第三季度概要：Advance Auto Parts(NYSE：AAP)与其他汽车零部件零售商股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAP":1,"MNRO":1,"NYSE":1,"ORLY":1,"GPC":1,"AZO":1,".IXIC":0.77,"TQQQ":0.6,"SQQQ":0.6,"PSQ":0.6,"QID":0.6,"QLD":0.6,"MNQmain":0.6,"NQmain":0.6},"content_text":"Q3 Rundown: Advance Auto Parts (NYSE:AAP) Vs Other Auto Parts Retailer Stocks \n \n\nAs the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at auto parts retailer stocks, starting with Advance Auto Parts (NYSE:AAP).\nCars are complex machines that need maintenance and occasional repairs, and auto parts retailers cater to the professional mechanic as well as the do-it-yourself (DIY) fixer. Work on cars may entail replacing fluids, parts, or accessories, and these stores have the parts and accessories or these jobs. While e-commerce competition presents a risk, these stores have a leg up due to the combination of broad and deep selection as well as expertise provided by sales associates. Another change on the horizon could be the increasing penetration of electric vehicles.\nThe 5 auto parts retailer stocks we track reported a softer Q3. As a group, revenues were in line with analysts’ consensus estimates. \n In light of this news, share prices of the companies have held steady as they are up 1.4% on average since the latest earnings results. \nWeakest Q3: Advance Auto Parts (NYSE:AAP)\n Founded in Virginia in 1932, Advance Auto Parts (NYSE:AAP) is an auto parts and accessories retailer that sells everything from carburetors to motor oil to car floor mats.\nAdvance Auto Parts reported revenues of $2.15 billion, down 3.2% year on year. This print fell short of analysts’ expectations by 1.1%. Overall, it was a disappointing quarter for the company with full-year revenue guidance missing analysts’ expectations.\n\"We are pleased to have made progress on our strategic actions, including the completion of the sale of Worldpac and a comprehensive operational productivity review of our business,” said Shane O’Kelly, president and chief executive officer.\n\n\n\nAdvance Auto Parts delivered the weakest full-year guidance update of the whole group. Interestingly, the stock is up 8% since reporting and currently trades at $44.20. \nRead our full report on Advance Auto Parts here, it’s free. \nBest Q3: O'Reilly (NASDAQ:ORLY)\nServing both the DIY customer and professional mechanic, O’Reilly Automotive (NASDAQ:ORLY) is an auto parts and accessories retailer that sells everything from fuel pumps to car air fresheners to mufflers. \nO'Reilly reported revenues of $4.36 billion, up 3.8% year on year, falling short of analysts’ expectations by 1.3%. The business performed better than its peers, but it was unfortunately a mixed quarter with a solid beat of analysts’ EBITDA estimates but full-year EPS guidance slightly missing analysts’ expectations. \n\n\n\nO'Reilly achieved the highest full-year guidance raise among its peers. The market seems content with the results as the stock is up 3.4% since reporting. It currently trades at $1,240. \nIs now the time to buy O'Reilly? Access our full analysis of the earnings results here, it’s free.\nMonro (NASDAQ:MNRO)\nStarted as a single location in Rochester, New York, Monro (NASDAQ:MNRO) provides common auto services such as brake repairs, tire replacements, and oil changes. \nMonro reported revenues of $301.4 million, down 6.4% year on year, in line with analysts’ expectations. It was a disappointing quarter as it posted a significant miss of analysts’ EBITDA and gross margin estimates. \nMonro delivered the biggest analyst estimates beat but had the slowest revenue growth in the group. Interestingly, the stock is up 3.2% since the results and currently trades at $27.63. \nRead our full analysis of Monro’s results here. \nGenuine Parts (NYSE:GPC)\nLargely targeting the professional customer, Genuine Parts (NYSE:GPC) sells auto and industrial parts such as batteries, belts, bearings, and machine fluids. \nGenuine Parts reported revenues of $5.97 billion, up 2.5% year on year. This number was in line with analysts’ expectations. Taking a step back, it was a softer quarter as it logged full-year EPS guidance missing analysts’ expectations. \nThe stock is down 12% since reporting and currently trades at $125.89. \nRead our full, actionable report on Genuine Parts here, it’s free. \nAutoZone (NYSE:AZO)\nAiming to be a one-stop shop for the DIY customer, AutoZone (NYSE:AZO) is an auto parts and accessories retailer that sells everything from car batteries to windshield wiper fluid to brake pads.\nAutoZone reported revenues of $6.21 billion, up 9% year on year. This result met analysts’ expectations. Zooming out, it was a slower quarter as it logged a miss of analysts’ EBITDA and EPS estimates. \nAutoZone scored the fastest revenue growth among its peers. The stock is up 4.5% since reporting and currently trades at $3,190. \nRead our full, actionable report on AutoZone here, it’s free. \nMarket Update\nIn response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump’s presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. \nWant to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. \n Join Paid Stock Investor Research\nHelp us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2489451396"}