Advance Auto Parts (AAP) recently delivered their Q3 results - total revenue and comparable store sales saw low single-digit growth while margins peeled back slightly. The company continues to push forward with various initiatives in an effort to differentiate themselves from close competitors like AutoZone (AZO) and O'Reilly Automotive (ORLY) and deliver value to both customers and shareholders.
Source: Walmart
This quarter gave some insight into management's focus on promotions and their data-oriented approach to growing sales and increasing profitability. On top of this, the company is improving the