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Analysts Expect Advance Auto Parts’ Profit Margin to Expand in Q3

John Parker
Analysts Expect Advance Auto Parts’ Profit Margin to Expand in Q3

In this series, we have looked at how Advance Auto Parts stock has outperformed the broader market and its direct peers in 2018 so far. These peers include O’Reilly Automotive (ORLY) and AutoZone (AZO). Thanks to the industrywide recovery in auto parts demand, AAP’s sales are expected to improve in the third quarter. Now, let’s move on by looking at analysts’ estimates for Advance Auto Parts’ profit margin for the third quarter.