Comments for AAP - Stockpickr! Your Source for Stock Ideas

Comments for AAP

Added By	Comments	Type	Date Added
jaypi4hire	wife's company, ESPP payroll deduction	Love	July 04, 2008
sarah z	The auto-parts retailer recently posted strong first-quarter results and began a new stock buyback. Advance said its profit grew 8 percent and revenue increased by 4 percent in the quarter. Both totals surpassed Wall Street's expectations, and the Roanoke, Va., company approved a repurchase of $250 million worth of stock. The stock trades for 7.5x cash flow.	Love	May 21, 2008
Gerald E Taylor	Worked for them	Love	March 09, 2008
darrellemon	good money	Love	January 29, 2008
sarah z	Advance Auto Parts recently announced a $500 million dollar buyback which replaces its prior plan. The Roanoke, Va.-based company reported lower-than-expected profit for the second quarter last week, and said it expects to face a difficult sales environment later this year. It forecast a third-quarter profit of 53 cents to 57 cents per share, and lowered its full-year outlook to a range of $2.24 to $2.32 per share, from $2.38 to $2.48 per share previously. The stock trades for 7x cash flow.	Love	August 15, 2007
czajac	diversify, and stores i flying up all over the place	Love	May 04, 2007
SJDavisIV	Cleanest Autoparts store.	Love	May 02, 2007
yamaha_rdr_00	Incentive pricing	Love	April 03, 2007
weatherby	long time holding	Love	April 03, 2007
Barrons	Advance Auto's shares (ticker: AAP), now around 37, could return to the mid-40s in the coming year if management's strategy to curtail store openings, remodel existing stores, reduce expenses and boost margins jump-starts earnings. Sales at stores open at least a year easily could surpass last year's anemic 2.1% gain. After dropping 1.5% last year, to $2.18 a share, Advance Auto's earnings are expected to rebound 11% in 2007, to $256 million, or $2.43 a share. Revenue could jump 9%, to around $5 billion, from $4.6 billion in 2006, while same-store sales could rise 3%. In the longer term, sales and earnings per share are likely to grow by low-to-mid-double digits and same-store sales by 4% to 6% a year.	Love	March 03, 2007