|Bid||136.51 x 1400|
|Ask||151.25 x 900|
|Day's Range||150.36 - 152.08|
|52 Week Range||130.09 - 182.56|
|Beta (5Y Monthly)||0.83|
|PE Ratio (TTM)||24.47|
|Earnings Date||Feb 16, 2020 - Feb 20, 2020|
|Forward Dividend & Yield||0.24 (0.16%)|
|Ex-Dividend Date||Dec 17, 2019|
|1y Target Est||170.69|
Scott+Scott Attorneys at Law LLP ("Scott+Scott"), a national securities and consumer rights litigation firm, continues investigating whether certain directors and officers of Advance Auto Parts, Inc. ("Advance Auto Parts") (NYSE: AAP) breached their fiduciary duties to Advance Auto Parts and its shareholders. If you are an Advance Auto Parts shareholder, you are encouraged to contact attorney Joe Pettigrew with Scott+Scott for additional information toll-free at (844) 818-6982 or firstname.lastname@example.org.
Almost two years to the day that U.S. President Donald Trump first imposed tariffs on imported washing machines and solar panels, the U.S. and China have officially completed a "phase one" trade deal. At the top of the list of trade deal winners is U.S.-listed Chinese stocks. The trade war has weighed on Chinese economic growth, and a weak Chinese economy is bad news for all Chinese stocks, not just those that do business with the U.S.
It isn’t good for a company that sells windshield wipers and antifreeze. Christopher Horvers and a team of analysts cut the stock to Neutral from Outperform and removed it from the bank’s Analyst Focus List. The bank slashed its 2020 forecast for growth in same-store sales to 1.3% from 2.1% and lowered its call for adjusted earnings per share to $8.95 from $9.33.
While EV pioneer Tesla (TSLA) is set to start mass deliveries of China-manufactured Model 3 from the next week, NIO reports narrower year-over-year loss in Q3 amid high deliveries of the ES6 model.
Buying the popular battery brand Die Hard will drive growth for Advance Auto Parts Inc., including sales through its partnership with Walmart Inc., analysts say.
Advance Auto Parts (AAP) expects the DieHard acquisition to drive growth in DIY customer traffic and significant long-term shareholder value.
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Sears has sold the DieHard car battery brand as the struggling retailer continues to shed assets to raise cash. The company, created by Sears in 1967, was acquired by Advance Auto Parts for $200 million, the companies said Monday. Sears will still be able to sell DieHard goods in its stores.
Raleigh auto parts giant Advance Auto Parts just acquired DieHard, a big-time battery brand, from Transform Holdco – a $200 million deal.
Transform Holdco LLC, the holding company for Sears and Kmart, announced Monday that it has sold the DieHard brand to Advance Auto Parts Inc. for $200 million. Advance Auto Parts will have the right to sell DieHard batteries and will be able to extend the brand into other items for the automotive category. Transform Holdco will be able to sell DieHard batteries through its channels, and will have an exclusive, royalty-free license to develop, market and sell DieHard branded products that aren't automotive-related. Advance Auto Parts stock is up 1% in Monday trading and up 5.3% over the past year while the S&P 500 index is up 33.5% for the period.
The DieHard brand includes car and boat batteries, jump starters and battery cables, flashlights and windshield wiper blades, work boots and tires.
Shares of Advance Auto Parts rose 1% after it announced that it was buying Sears' DieHard battery unit for $200 million in cash. "We are excited to acquire global ownership of an iconic American brand," Advance Auto Parts CEO Tom Greco said in a statement. Sears has struggled for years as consumers have flocked to more modern retailers and online purchases.
Retail has been a messy industry in 2019 as the convenience of e-commerce keeps consumers at home. Yet going to the mall isn’t going away. RBC Capital Markets identified three potential winners.
The frame of the building that will be Advance Auto Parts’ headquarters is already towering over Interstate 440 at Raleigh’s North Hills.