Advance Auto Parts Accelerates Growth Plan With 130+ New Stores By 2027
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Company Transformation and Growth Plans: Advance Auto Parts Inc. has completed its store closure phase and is now focusing on growth, planning to open 30 new U.S. locations in 2025 and at least 100 more by 2027, including larger market hubs that will enhance part availability and service speed.
Financial Performance and Market Strategy: The company reported a fourth-quarter adjusted earnings loss of $1.18 per share, with sales of $2 billion exceeding analyst expectations. It aims to optimize its supply chain by consolidating distribution centers and opening 60 market hubs by mid-2027.
Analyst Views on RZV
Wall Street analysts forecast RZV stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RZV is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 131.190
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
