Advance Auto Parts Stock Soars 29% After Fiscal-Year Guidance Is Reaffirmed - Barron's
1. AAP shares surged 29% as fiscal-year guidance was reaffirmed. 2. Adjusted loss of 22 cents beat analyst expectations of 82 cents. 3. Sales declined to $2.58 billion, exceeding the expected $2.5 billion. 4. CEO highlighted challenges from tariffs but emphasized a turnaround. 5. Fiscal-year EPS guidance is set between $1.50 and $2.50.