Advance Auto Parts’ stock price was trading down more than 20% mid-day Tuesday, dropping below $100 per share for the first time in four years after missing earnings expectations and projecting a drop in same-store sales going into the second half of the year. “Our revised guidance for the year incorporates the impact of industry headwinds in the first half, which we expect to continue in the second half of the year and we are taking the appropriate actions to adapt to this environment,” Advance…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2017/08/15/advance-auto-parts-stock-plummets-after-warning-of.html?ana=RSS%26s=article_search
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