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Advance Auto Parts falls after lowering annual profit forecast

ReutersAug 14, 2025 11:09 AM

** Shares of Advance Auto Parts AAP.N down 3% at $60 in premarket trade

** Co forecasts FY adjusted diluted earnings per share from continuing operations in range of $1.20 to $2.20, down from $1.50 to $2.50

** Co posts Q2 adjusted profit of 69 cents per share vs analysts' average estimate of 57 cents per share, according to data compiled by LSEG

** Co posts Q2 revenue of $2.01 billion vs estimates of $1.98 billion

** Median PT of 28 brokerages covering the stock is $50 - data compiled by LSEG

** As of last close, stock up 31% YTD

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