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(公司簡稱AAP)2024年第三季度業績會交易會議記錄摘要：
Financial Performance:
財務表現:
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報告持續經營的淨銷售額下降至21億美元，比去年同期減少3%。
毛利潤提高至90800萬美元，佔淨銷售額的42.3%。與去年相比，這一增長包括來自一次性庫存調整的525個點子。
持續經營的調整營業收入爲1670萬美元，佔淨銷售額的大約80個點子，較去年的-3.3%有所改善。
持續經營的調整攤薄每股虧損從去年每股1.19美元的虧損減少至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%調整營業利潤率的戰略路徑，主要由商品銷售卓越、內部供應鏈轉型和門店效率改善推動。
作爲對經濟壓力和競爭市場的回應，該公司已經啓動了戰略舉措，包括出售Worldpac，調整門店運營以及全面資產生產力審查。
確定關閉門店以簡化運營，並將關閉大約500家門店分支機構和額外的獨立位置，以優化公司佈局。
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.
該公司定位於增長中的1500億美元汽車售後市場行業，旨在利用諸如車輛老化、行駛里程增加以及由此帶來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商品銷售能力，並提高零件供應能力，以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.
由於經濟不確定性導致DIY和專業服務行業表現不佳，影響了消費者的支出。
由於CrowdStrike服務中斷和颶風等自然災害，店鋪和服務器系統遭受中斷，進一步加劇了銷售挑戰，導致錯失營收機會。
Tips: 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：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
