NEW YORK, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies investors that it has commenced an investigation of Advance Auto Parts, Inc. ("Advance Auto Parts") (NYSE:AAP) concerning possible violations of federal securities laws.
On May 31, 2023, Advance Auto Parts announced its financial results for the first quarter ended April 22, 2023. The Company announced a 42% cut in its full year earnings per share guidance for 2023, with its free cash flow expected to be $200M to $300M, down from "a minimum" of $400M stated previously. Further, the Company declared ...
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