Advance Auto Parts Inc. (NYSE:AAP) posted a stronger-than-expected fourth quarter on Friday.
The company reported fourth-quarter adjusted earnings per share of 86 cents, beating the analyst consensus estimate of 42 cents. Quarterly sales of $1.973 billion outpaced the Street view of $1.952 billion.
Advance Auto expects fiscal 2026 adjusted earnings of $2.40 to $3.10 per share, compared with analysts’ estimate of $2.66. The company forecasts sales of $8.485 billion to $8.575 billion, versus the $8.668 billion estimate.
“I am pleased with the progress achieved during 2025 and I want to thank our team members for their hard work,” said Shane O’Kelly, president and chief executive officer. “In 2025, we laid the foundation to build a better future for the Company. Our actions are delivering progress on operational goals and financial commitments to our shareholders. We returned to full year positive comparable sales growth following three years of negative results and expanded adjusted operating income margin by over 200-basis points, which were both in line with our full year 2025 guidance range.”
Advance Auto Parts shares dipped 2.8% to trade at $57.19 on Tuesday.
These analysts made changes to their price targets on Advance Auto Parts following earnings announcement.
- BMO Capital analyst Tristan Thomas-Martin maintained Advance Auto Parts with a Market Perform and raised the price target from $55 to $60.
- Truist Securities analyst Scott Ciccarelli maintained the stock with a Hold and raised the price target from $48 to $57.
- RBC Capital analyst Steven Shemesh maintained Advance Auto Parts with a Sector Perform and raised the price target from $57 to $63.
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