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Posts: 158
Stocks: Advance Auto Parts missed earnings estimates by $1.80/share(!). Stock hammertime down 40% (120->70) -- (link)
Posted by
budice
May 31 '23, 09:33
(No message)
https://www.investopedia.com/advance-auto-parts-misses-profit-estimates-cuts-outlook-and-dividend-7506055
(www.investopedia.com)
Responses:
"blamed the disappointing numbers [reasons] and an unfavorable product mix". Y'all sell auto parts. No one favors needing parts. -- nm
-
ty97
May 31, 10:45
How do you miss that badly? How do you miss that badly without providing some sort of guidance that you are going to miss? -- nm
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ty97
May 31, 10:43
I don't know if kids are huffing wiper fluid these days but all the parts and grocery stores were out of it this weekend. -- nm
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Max
May 31, 10:37
1
When was the last time you saw a squeegee at a gas station? -- nm
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zeitgeist
May 31, 10:43
Genuine Parts just raised their guidance last month so ¯\_(ツ)_/¯ -- nm
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Wilkes-Baron, PA
May 31, 09:56
anything ICE-dependent is just Buggy Whips 2.0 -- nm
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hollywood big shot
May 31, 09:40
Interesting Item. Pep Boys just sold their parts division to Advance Auto Parts awhile back -- nm
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budice
May 31, 09:37
just another reminder that I need to really get on buying those CDs or Tbills now that the debt crisis is over (right?!?) -- nm
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oblique
May 31, 09:34
1
1 yr treasurys yield 5.2% You could do worse. -- nm
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Wilkes-Baron, PA
May 31, 10:05
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