Advance Auto Parts Posts Disappointing Q2 Comp on High Exposure to Lower-End Customers
AAP reports mixed Q2 results. Analysts lower price targets amid concerns about reinvestment and sales acceleration.
Advance Auto Parts had weaker sales growth than expected in the second quarter, and experts think fewer people are buying from them right now. When a store's customers have less money to spend, that's a sign to watch whether the company can win them back.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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