Business

Advance Auto Parts forecasts below estimates

Advertisement

The second-largest US auto parts retailer forecast third-quarter results below expectations as sales eased. Advance also cut its fiscal-year earnings guidance. Advance said same-store sales declined 1.8 percent and spending increased for marketing efforts and labor costs. It expects performance will be hurt for the rest of the year by continued softness in colder weather markets.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com