Why Advance Auto Parts Crashed Today @Themotleyfool #Stocks $AAP
Analysts show mixed ratings with price targets ranging from $45 to $65 amid expected quarterly earnings decline to 58 cents per share and revenue drop to $1.97 billion.
Summary by The Motley Fool
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3 Articles
Advance Auto tumbles on uncertain tariff impact - Business North Carolina
The stock of Advance Auto Parts sank 8% after the Raleigh-based retailer said higher prices stemming from tariffs are creating uncertainty about consumer spending. It lowered its full-year profit forecast, also citing higher net interest expenses related to a recent offering of notes. The company has intensified negotiations with vendors to share rising costs due to tariffs, while it’s also seeking to buy from countries less impacted by Preside…
Coverage Details
Total News Sources3
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
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