Advance Auto Parts Stock Soars as Firm Backs Forecast Amid Tariff Pressure
1. Advance Auto Parts lost 22 cents per share, better than expected. 2. Company's stock surged nearly 40% after maintaining its full-year outlook. 3. Net sales declined 7% year-over-year but surpassed analyst estimates. 4. Full-year adjusted EPS outlook is $1.50 to $2.50. 5. Recent surge contrasts with an 8% decline in shares for 2025.