ADVANCE AUTO PARTS INC - 8-K Filing
Advance Auto Parts reported first-quarter net sales of $2.6 billion with comparable store sales up 3.5%, driven by mid-single-digit Pro growth and low-single-digit DIY growth. Adjusted operating income margin expanded to 3.8% from -0.3% in the prior year, while adjusted diluted EPS was $0.77 versus a loss of $(0.22) last year. The company reaffirmed full-year guidance for net sales between $8.485 billion and $8.575 billion, an adjusted operating income margin range of 3.8% to 4.5%, and adjusted diluted EPS from $2.40 to $3.10. (Items: 2.02 Results of Operations and Financial Condition, 9.01 Financial Statements and Exhibits)
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