Tuesday, October 4, 2016

Advance Auto Parts Recovery Plan

No one said it was going to be easy, but even the most ardent admirers of Advance Auto Parts Inc. must acknowledge that its ongoing integration of the Carquest and Worldpac stores (acquired in the 2014 purchase of General Parts International) hasn't gone to plan so far. The second-quarter earnings revealed even more integration difficulties, while management candidly prepared investors for more bad news ahead. What's going on, and what should investors make of it all?

READ THE FULL EQUITY RESEARCH REPORT LINKED

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