Wells Fargo analyst Zachary Fadem maintained a Hold rating on Advance Auto Parts (AAP – Research Report) today and set a price target of ...

While we do not foresee any immediate threats to Advance’s solvency, we acknowledge that its weakening cash flow generation and recent credit rating downgrade provides some financial uncertainty.

Advance Auto Parts announced that it will close over 700 locations, including corporate stores and independently-owned locations, as part of a financial restructuring effort.

An auto parts retailer with thousands of stores across the U.S. has announced plans to close locations as it attempt to ...

Advance Auto Parts is closing over 700 locations nationwide by mid-2025 due to underperforming sales, according to the company's third quarter earnings report released on Nov. 14.

Advance Auto Parts said Thursday it will close about 500 stores by mid-2025 and cut some jobs under a restructuring effort, ...

Another chain is cutting back. Advance Auto Parts announced it will be closing more than 700 locations by mid-2025.

The company said its gross profits grew compared to 2023, but it will close hundreds of stores while opening others.

Advance Auto Parts operates 4,781 stores, most in the U.S. It relocated from Roanoke, Virginia, to Raleigh in 2018 after ...

Advance Auto Parts said on Thursday it will close about 500 stores by mid-2025 and cut some jobs as demand for vehicle parts takes a hit from fewer consumers opting to repair their cars, sending its ...