Advance Auto Parts (NYSE: AAP) stock soared 16.74% in pre-market trading on Thursday following the release of its first-quarter 2025 financial results, which significantly outperformed analyst expectations. The automotive aftermarket parts provider demonstrated resilience in a challenging economic environment, boosting investor confidence.

The company reported an adjusted loss per share of $0.22 for Q1, substantially better than the analysts' consensus estimate of a $0.82 loss. This performance, while down from the $0.67 earnings per share in the same quarter last year, showcased the company's ability to manage costs effectively. Net sales for the quarter came in at $2.6 billion, surpassing the estimated $2.499 billion, despite a 0.6% decrease in comparable store sales.

Investors were particularly encouraged by Advance Auto Parts' positive outlook for the full fiscal year 2025. The company reaffirmed its annual guidance, projecting sales between $8.4 billion and $8.6 billion, with comparable store sales growth of 0.5% to 1.5%. Additionally, the company expects adjusted earnings per share in the range of $1.50 to $2.50 for the year. This optimistic forecast, coupled with the better-than-expected Q1 results, suggests that Advance Auto Parts is successfully navigating recent challenges, including the impact of tariffs and its ongoing store optimization program.