2024-04-13 03:36:48 ET
Summary
- Advance Auto Parts is an aftermarket parts provider in the US, serving both commercial and DIY markets.
- AAP's growth has been cyclical, with recent decline in revenue and profit margins.
- The potential upside is attractive if AAP's new management team successfully turns the business around, but caution is advised due to execution risk.
Summary
Advance Auto Parts ( AAP ) is an aftermarket parts provider in the US and serves both the commercial and DIY markets. AAP stores offer a selection of brand-name, OEM, and private-label replacement parts, accessories, batteries, and maintenance items for light and heavy-duty vehicles....
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Advance Auto Parts: Can The New Management Deliver?