WASHINGTON (dpa-AFX) - Advance Auto Parts (AAP) announced earnings for fourth quarter that retreated from last year.
The company said its profit declined to $90.09 million, or $1.22 per share. This was down from $100.99 million, or $1.37 per share, in last year's fourth quarter.
The company said revenue for the quarter fell 2.9% to $2.03 billion. This was down from $2.09 billion last year.
Advance Auto Parts earnings at a glance:
-Earnings (Q4): $90.09 Mln. vs. $100.99 Mln. last year. -Earnings Decline (Y-o-Y): -10.8% -EPS (Q4): $1.22 vs. $1.37 last year. -EPS Decline (Y-o-Y): -10.9% -Revenue (Q4): $2.03 Bln vs. $2.09 Bln last year. -Revenue Change (Y-o-Y): -2.9%
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