Share price of Advance Auto Parts has been mostly moving upward since the company reported a strong year-over-year increase in earnings and revenues in the first quarter of fiscal 2015 (ended Apr 25, 2015).
Advance Auto Parts will gain from its focus on store expansion. Benefits from acquisitions and the increasing average age of vehicles, will further boost the results of the company. However, rising new vehicle sales and price competition are headwinds.
We look at Advance Auto Parts Inc Advance (NYSE:AAP) a company in the auto parts industry getting a lot of attention at the moment, to assess if it provides value for investors considering buying or selling it.
The company's shares rose as much as 4 percent to a one-year high on Tuesday. Pep Boys, unlike AutoZone Inc (AZO.N) and Advance Auto Parts Inc (AAP.N), has not benefited from healthy U.S. auto demand mainly due to higher costs and falling sales in its ...