secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCE AUTO PARTS INC (AAP)
CIK:        0001158449
Form:       8-K
Filed at:   2025-05-22T23:59:59+00:00
Accession:  0001158449-25-000182
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advance Auto Parts Q1 net sales $2.6B, comps -0.6%, reaffirms FY guidance
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- Net sales $2.6B vs $2.8B YoY; comparable store sales down 0.6% (excl. closing stores).
- Operating loss $131M vs income $53M YoY; adjusted operating loss $8M.
- Diluted EPS $0.40 includes $126M discrete tax benefit; adjusted diluted loss per share $0.22.
- Completed store footprint optimization of over 500 corporate locations in the quarter.
- Reaffirmed FY2025 guidance: net sales $8.4-8.6B, adj. diluted EPS $1.50-2.50, assumes current tariffs remain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158449/000115844925000182/0001158449-25-000182-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158449/000115844925000182/aap-20250522.htm
  HTML page:      https://secwatch.observer/filing/0001158449-25-000182

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