AAP reaffirms Q1 2026 guidance, targeting $8.5B in sales and 3.8%-4.5% adjusted operating margin after 3.5% comp sales growth.
Advance Auto Parts (AAP) maintained its 2026 financial targets, projecting $8.5 billion in sales and a 3.8%-4.5% adjusted operating margin. The company plans to open 40-45 new stores as part of its growth strategy.
First-quarter comparable sales rose 3.5%, the strongest growth in five years. Management attributed the performance to execution on core initiatives, including expanded product offerings and operational improvements.
The reaffirmed guidance follows a period of stabilization, with the company focusing on fundamentals to drive long-term profitability.