Advance Auto Parts 3Q profit falls on weaker sales

Published



RICHMOND, Va. (AP) — Advance Auto Parts said Thursday that its third-quarter net income fell about 15 percent as sales dipped and it spent more money to attract customers.

The Roanoke, Va., seller of auto parts and batteries said it earned $89.5 million, or $1.21 per share, for the quarter ended Oct. 6, down from $105.5 million, or $1.41 per share, a year ago.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.