Advance Auto Parts, Inc. (AAP) Q3 2024 Earnings Call Transcript Summary
Advance Auto Parts, Inc. (AAP) Q3 2024 Earnings Call Transcript Summary
Adjusted operating income from continuing operations was $16.7 million, roughly 80 basis points as a percent of net sales, showing improvement from the previous year's negative 3.3%.The following is a summary of the Advance Auto Parts, Inc. (AAP) Q3 2024 Earnings Call Transcript:
以下是Advance Auto Parts, Inc.（AAP）2024年第三季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Advance Auto Parts reported a decrease in net sales from continuing operations to $2.1 billion, a 3% decrease from the previous year.
Gross profit improved to $908 million or 42.3% of net sales. This increase from the prior year includes 525 basis points from one-time inventory adjustments.
Adjusted operating income from continuing operations was $16.7 million, roughly 80 basis points as a percent of net sales, showing improvement from the previous year's negative 3.3%.
Adjusted diluted loss per share from continuing operations narrowed to $0.04 from a loss of $1.19 per share in the previous year.
Advance Auto Parts報告稱，持續經營業務的淨銷售額下降至21億美元，比上年下降3％。
毛利增長至9.08億美元，佔淨銷售額的42.3％。與上一年相比的增長包括一次性庫存調整產生的525個點子。
調整後的持續經營業務營業收入爲1,670萬美元，佔淨銷售額的百分比約爲80個點子，較上一年的負3.3％有所改善。
調整後的持續經營業務攤薄後每股虧損從去年的每股虧損1.19美元縮小至0.04美元。
Business Progress:
業務進展：
Advance Auto Parts outlined a strategic path to achieve a 7% adjusted operating margin by 2027, driven by merchandising excellence, internal supply chain transformation, and store efficiency improvements.
In response to economic pressures and a competitive market, the company has embarked on strategic initiatives including the sale of Worldpac, realignment of store operations, and comprehensive asset productivity review.
Identified store closures to streamline operations and approximately 500 store branches and additional independent locations will be closed to optimize footprint.
Advance Auto Parts概述了到2027年實現7％的調整後營業利潤率的戰略路徑，這要歸因於卓越的銷售、內部供應鏈轉型和門店效率的提高。
爲了應對經濟壓力和競爭激烈的市場，該公司已着手實施戰略舉措，包括出售Worldpac、調整門店運營和全面的資產生產率審查。
已確定關閉門店以簡化運營，並將關閉約500家門店分店和其他獨立門店，以優化佔地面積。
Opportunities:
機會：
The company is positioned in the growing $150 billion auto aftermarket industry, aiming to capitalize on trends like the aging vehicle population, higher miles driven, and the resulting need for repairs and maintenance.
Advance Auto Parts plans to enhance merchandising capabilities and increase parts availability by implementing better end-to-end supply chain management to serve pro customers faster and more effectively.
該公司在不斷增長的1500億美元汽車售後市場行業中佔有一席之地，旨在利用汽車人口老齡化、行駛里程增加以及由此產生的維修和保養需求等趨勢。
Advance Auto Parts計劃通過實施更好的端到端供應鏈管理來增強銷售能力並提高零件可用性，從而更快、更有效地爲專業客戶提供服務。
Risks:
風險：
Underperformance in DIY and professional service sectors due to economic uncertainty, impacting consumer spending.
Store and server system disruptions from the CrowdStrike outage and natural disasters such as hurricanes further compounded sales challenges, leading to missed revenue opportunities.
由於經濟的不確定性，DIY和專業服務行業表現不佳，影響了消費者支出。
CrowdStrike停機以及颶風等自然災害導致的商店和服務器系統中斷進一步加劇了銷售挑戰，導致錯失了收入機會。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由 AI 生成。無法完全保證內容的準確性。欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
