Advance Auto Parts reported soft earnings and cut full-year guidance significantly. WorldPac sale helps improve its balance sheet. Read more on AAP stock here.
Carlyle Group Inc. acquires Advance Auto Parts' Worldpac unit for $1.5 billion, marking its first major industrial investment in over two years.
Advance Auto Parts said on Thursday it would sell its Worldpac unit for $1.5 billion as part of its latest attempt at ...
The company has faced pressure from shareholder activists to divest the Worldpac unit to better compete with AutoZone and ...
Advance Auto Parts announced on Thursday the sale of its Worldpac unit to private equity firm Carlyle Group for $1.5 billion ...
A divestiture-driven rally in Advance Auto Parts shares reversed after the company slashed guidance and posted a steeper-than-expected fall in earnings. The aftermarket car-parts retailer's shares ...
Advance Auto lowered its earnings outlook for the year to a range of $2 to $2.50 a share from a previous view for $3.75 to $4.25 a share. Sales are now expected to be $11.15 billion to $11.25 billion, ...
D.C. private equity firm The Carlyle Group Inc. has reached a deal to purchase the wholesale distribution business of Advance ...
There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on TJX Companies (TJX – Research ...
Advance Auto Parts AAP1.83%increase; green up pointing triangle has agreed to sell its Worldpac subsidiary to Carlyle CG-0.72%decrease; red down pointing triangle Group for $1.5 billion in cash. The ...