YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Advance Auto Parts Inc. reported second quarter profits and sales that beat analysts' expectations.
Adjusted earnings were $2.92 per share, above the $1.98 per share targeted by analysts. Revenue of $2.5 billion was higher than the $2.4 billion analysts had expected.
Advance Auto Parts is a competitor to Springfield-based O’Reilly Automotive Inc., which last month reported second quarter revenue of $3.1 billion. O'Reilly Automotive's diluted share earnings for the quarter were $7.10 per share.
Read more from Dow Jones Newswires.
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