Advance Auto Parts said Thursday it will close about 500 stores by mid-2025 and cut some jobs under a restructuring effort, as demand for vehicle parts takes a hit from fewer consumers opting to ...

Advanced Auto Parts missed expectations with its second-quarter earnings results and lowered its full-year guidance. The company also announced the sale of its wholesale distribution arm for $1.5 ...

Loeb's Third Point and Saddle Point gained a stake and board seats. The company has struggled recently with higher costs. Its new board members have expertise in the automotive space. Picking stocks ...

Advance Auto Parts has come to a screeching halt. The auto parts retailer reported a steep drop in its quarterly profit Wednesday after it was forced to slash prices to stay competitive and hold onto ...