Advance Auto Parts’ stock rockets as tariffs didn’t change the earnings outlook - MarketWatch
1. AAP stock surged 29.5% in premarket, nearing a record gain. 2. The company reaffirmed its profit outlook despite tariffs impacting costs. 3. Advance Auto Parts beat Q1 revenue estimates and adjusted loss projections. 4. Full-year revenue is projected between $8.4 billion and $8.6 billion. 5. Consumers are shifting to older cars, increasing demand for aftermarket supplies.