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Services | Auto Parts Stores | USA
Advance Auto Parts Jumps on Earnings Beat Despite Soft Comps Guidance
Advance Auto Parts tops analysts' earnings expectations in its fourth quarter.
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The company said that it expects same-store sales to rise between 1% and 2.5% in 2019, the midpoint of which is short of analysts' estimates of 2% comp growth.
The company reported fourth-quarter net income of $53.4 million, less than a third of the $184.5 million it reported a year ago. Earnings of $1.17 per share beat FactSet consensus estimates of $1.13.
Sales rose 3.3% to $2.11 billion, matching analysts' expectations. Same-store sales in the quarter rose 3.4%.
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https://www.thestreet.com/investing/adva...yptr=yahoo
![[Bild: AAPc1dl1505.png]](https://finviz.com/publish/021919/AAPc1dl1505.png)
Advance Auto Parts Jumps on Earnings Beat Despite Soft Comps Guidance
Advance Auto Parts tops analysts' earnings expectations in its fourth quarter.
...
The company said that it expects same-store sales to rise between 1% and 2.5% in 2019, the midpoint of which is short of analysts' estimates of 2% comp growth.
The company reported fourth-quarter net income of $53.4 million, less than a third of the $184.5 million it reported a year ago. Earnings of $1.17 per share beat FactSet consensus estimates of $1.13.
Sales rose 3.3% to $2.11 billion, matching analysts' expectations. Same-store sales in the quarter rose 3.4%.
...
https://www.thestreet.com/investing/adva...yptr=yahoo
