Advance Auto Parts said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and ...

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 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 ...

Shares of Advance Auto (AAP) are rallying despite the company reporting a large loss. Some investors believe the company will ...