Advance Auto Parts announces plan to close over 700 locations
National retailer Advance Auto Parts announced Thursday it plans to close more than 700 locations in the coming years as the company works to address ongoing financial struggles. The closure announcement was made during the company’s third quarter earnings report.
Advance Auto Parts to close over 500 stores. How is Ohio affected? What we know
Advance Auto Parts plans to close more than 500 stores by 2025. Here's what to know about how Ohio is affected.
Advance Auto Parts to close over 700 locations by mid-2025 amid financial losses
Advance Auto Parts announced Thursday it would attempt to cut company losses with the closure of over 700 locations across the US.
Advance Auto Parts plans to close stores. Here's what we know about Michigan locations.
Advance Auto Parts announced on Thursday that it is closing at least 500 corporate stores by mid-2025, and exiting another 200 independent locations. The move comes as the company said in a release that its gross profit increased 11% in the third quarter of 2024 to $907 million compared to the same period a year ago.
Advance Auto Parts shutting 500 stores, cutting jobs as fewer opt to repair cars
Advance Auto Parts said Thursday it will close about 500 stores by mid-2025 and cut some jobs under a restructuring effort, as demand for vehicle parts takes a hit from fewer consumers opting to repair their cars, sending its shares up 4.5% in afternoon trading.
Advance Auto Parts plans to close over 700 stores. How many locations are in Iowa?
Iowa has 37 Advance Auto Parts locations. Des Moines has the largest presence of stores in the state with six locations in the capital city and stores in Ankeny and Urbandale. Other locations include Ames, Coralville, Davenport and Iowa City, among others.
Advance Auto Parts to exit Western U.S. as it closes more than 700 locations
Advance Auto Parts’ stock falls after a quarterly loss, and release of a plan to close more than 500 company stores and four distribution centers.
Advance Auto Parts to Close Stores as Sales Pressure Persists
Advance Auto Parts said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and forecasting revenue below market expectations.
Auto parts retailer to close more than 700 locations
Advance Auto Parts plans to close more than 500 locations as part of what it described as a strategic plan to improve business performance. The auto parts retailer made the announcement in its third-quarter financial report.
Advance Auto-Parts To Close More Than 700 Stores
Advance Auto Parts executives announced Thursday that the company planned to close hundreds of stores over the next several years,
Advance Auto Parts to close 700+ locations by mid-2025. How it could impact Vermont
Advance Auto Parts is closing over 700 locations nationwide by mid-2025 due to underperforming sales, according to the company's third quarter earnings report released on Nov. 14.
Advance Auto Parts to close more than 700 locations by mid-2025
As of October 5, 2024, Advance operated 4,781 stores primarily within the United States, with additional locations in Canada, ...
Advance Auto Parts sees FY25 revenue $8.4B-$8.6B, consensus $11.34B
Advance Auto Parts sees FY25 revenue $8.4B-$8.6B, consensus $11.34B Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> ...
Advance Auto Parts (NYSE:AAP) Reports Sales Below Analyst Estimates In Q3 Earnings, Stock Drops 13.2%
Real-time index price for PHLX Utility Index (UTY), along with buy or sell indicators, analysis, charts, historical ...
Advance Auto Parts initiates strategic objectives to improve profitability after disappointing Q3
Weighed down by the impacts from Hurricane Helene, downtime associated with the CrowdStrike outage, higher production costs, ...