Advance Auto Parts' Pricing Strategy Offsets Rising Costs
Advance Auto Parts (NYSE: AAP) wasn't able to muster sales expansion in its fiscal second quarter of 2019. However, disciplined execution in operations helped advance the company's bottom line. The distributor of automotive parts for both retail and commercial markets filed its quarterly earnings report on Tuesday before the markets opened. Below, we'll look at headline numbers and important financial metrics, as well as management's outlook for the rest of the year, which it modified on a few fronts against the previous iteration. All comparative numbers that follow refer to those of the prior-year quarter.
Data source: Advance Auto Parts.
Image source: Getty Images.
Source Fool.com
