Advance Auto Parts Inc., a leading automotive aftermarket parts provider in North America, reported its financial results for the first quarter ending April 19, 2025. The company announced net sales totaling $2.6 billion, a decline from $2.8 billion in the same quarter of the previous year. Comparable store sales decreased by 0.6%, excluding sales from over 500 corporate locations closed during the quarter as part of a store optimization program. Despite the challenging economic environment created by recently implemented tariffs, the company reaffirmed its annual guidance, citing ongoing progress in strategic initiatives and planned mitigation actions for the tariffs.
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