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Advance Auto Parts Earnings Call, Second Quarter 2008
Author: Albena Toncheva
123jump.com
Last Update: 5:40 AM ET August 21 2008

Revenue for the latest quarter rose 5% to $1.23 billion from $1.17 billion a year ago. Advance Auto Parts same-store sales climbed 2.9%, compared to a 1.2% increase the second quarter a year earlier. The increase was primarily driven by a 13.5% jump in commercial sales, offset by a 0.8% decline in Do-It-Yourself sales. Advance Auto Parts also opened 138 new stores in the past fiscal year, and now operates 3,325 stores in 40 states.

 

 

 
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