Advance Auto Parts Q4 Profit Falls Short, But Revenue Tops View As Comps Rise
February 21, 2017 at 10:10 AM EST
AAP noted the sales increase was driven by solid comparable store sales (“comps”) growth of 3.1%. Comparable sales are a key indicator of a retailer’s health, since they measure only the year-over-year performance of stores open at least 12 months.
