---
title: "Advance Auto Parts 1Q FY2026: Revenue $2.61B, EPS $0.39— 10-Q Summary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287267567.md"
description: "Advance Auto Parts Inc. reported Q1 FY2026 revenue of $2.61B, a 1.2% increase from the previous year, with net income flat at $24M and diluted EPS at $0.39. Gross margin improved to 45.1%, and SG&A expenses decreased to 41.3%. The company anticipates $20–$30M in restructuring costs for FY2026, while net store count rose to 4,308."
datetime: "2026-05-21T20:11:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287267567.md)
  - [en](https://longbridge.com/en/news/287267567.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287267567.md)
---

# Advance Auto Parts 1Q FY2026: Revenue $2.61B, EPS $0.39— 10-Q Summary

Advance Auto Parts Inc. reported first-quarter fiscal 2026 results with revenue of $2.61B, roughly flat net income of $24M and diluted EPS of $0.39 versus the year-ago quarter, driven by higher selling prices and margin improvement.

**Financial Highlights**

-   Revenue: $2.614B for 1Q FY2026 (sixteen weeks ended Apr 25, 2026), up from $2.583B in the year-ago quarter; YoY change 1.2%.
-   Net income: $24M for 1Q FY2026, equal to $24M in the year-ago quarter; YoY change 0%.
-   Diluted EPS: $0.39 for 1Q FY2026, versus $0.40 in the year-ago quarter; YoY change (2.5%).

**Business Highlights**

-   Revenue growth: Net sales rose 1.2% year over year with comparable store sales up 3.5%, driven primarily by higher average selling prices.
-   Margin expansion: Gross margin improved 221 basis points to 45.1%, reflecting product margin expansion and fewer low-margin liquidation sales.
-   Cost and SG&A efficiency: SG&A (ex-restructuring) declined 216 basis points to 41.3% versus prior year, aided by store closures and operating cost reductions.
-   Restructuring: The company said the majority of 2024 restructuring costs have been incurred; remaining charges for fiscal 2026 are estimated at $20–$30M.
-   Operations: Net store count increased by 3 to 4,308, with continued focus on improving customer experience for both pro and DIY channels.

Original SEC Filing: ADVANCE AUTO PARTS INC \[ AAP \] - 10-Q - May. 21, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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