Advance Auto Parts

Q1 FY2027 EarningsQ2 FY26 adjusted diluted EPS of $1.03 significantly beat the $0.80 consensus, primarily driven by a $26M tariff refund ($0.31/share). Revenue of $2.0B was slightly below the $2.04B expectation, with a 0.5% decrease in comparable store sales reflecting DIY channel weakness. While gross margin of 46.2% outperformed the 45.2% consensus, management lowered new store opening guidance to 30-35 units (down from 40-45), signaling a cautious near-term outlook despite raising full-year EPS guidance on higher interest income.