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Advance Auto Parts, Inc. (AAP) Q1 2026 Earnings Call Tran...
2026-05-22 · via All Articles on Seeking Alpha

Q1: 2026-05-21 Earnings Summary

EPS of $0.77 beats by $0.33

 | 

Revenue of

$2.61B

(1.20% Y/Y)

beats by $39.12M

Advance Auto Parts, Inc. (AAP) Q1 2026 Earnings Call May 21, 2026 8:00 AM EDT

Company Participants

Lavesh Hemnani - Vice President of Investor Relations
Shane OKelly - President, CEO & Director
Ryan Grimsland - Executive VP & CFO

Conference Call Participants

Steven Zaccone - Citigroup Inc., Research Division
Simeon Gutman - Morgan Stanley, Research Division
Steven Forbes - Guggenheim Securities, LLC, Research Division
Michael Lasser - UBS Investment Bank, Research Division
Maksim Rakhlenko - TD Cowen, Research Division
Zachary Fadem - Wells Fargo Securities, LLC, Research Division
Brian Nagel - Oppenheimer & Co. Inc., Research Division

Presentation

Operator

Welcome to the Advance Auto Parts First Quarter 2026 Earnings Conference Call. I would now like to turn it over to Lavesh Hemnani, Vice President, Investor Relations.

Lavesh Hemnani
Vice President of Investor Relations

Good morning, and thank you for participating in today's call. I'm joined by Shane O'Kelly, President and Chief Executive Officer, and Ryan Grimsland, Executive Vice President and Chief Financial Officer. During today's call, we will be referencing slides which have been posted to our Investor Relations website.

Before we begin, please be advised that management's remarks today will contain forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, but not limited to, statements regarding initiatives, plans, projections, goals, guidance and expectations for the future. Actual results could differ materially from those projected or implied by the forward-looking statements. Additional information can be found under forward-looking statements in our earnings release and risk factors in our most recent Form 10-K and subsequent filings made with the SEC.

Shane will begin today's call with an update on the business and progress on our strategic priorities for 2026. Later, Ryan will discuss results for the first quarter and guidance for the year. Following management's prepared remarks, we will open the line for questions. Now let me