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Advance Auto Parts First Quarter Earnings Call |
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Author: Albena Toncheva
123jump.com
Last Update: 9:42 AM EDT June 06 2007
The auto parts retailer reported same store sales growth of 1.1%, on 5.2% growth in commercial same store sales partially offset by DIY same store sales of negative 0.2%. For the first quarter, Autoparts International contributed $36 million to total sales. During Q1, the firm opened 70 new stores, 62 Advance Auto Parts stores and eight Autopart International stores. For the second quarter, earnings are expected to be 65 cents to 69 cents per diluted share. |
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