🔹 Adj EPS: $0.69 (Est. $0.53) 🟢; +11% YoY
🔹 Revenue: $2.0B (Est. $1.97B) 🟢; -9% YoY
🔹 Comparable Store Sales: +0.1% YoY
🔹 Returned to profitability after prior losses
FY25 Guide:
🔹 Adj EPS: $1.20–$2.20 (Est. $1.85) 😐
🔹 Revenue: $8.52B–$8.60B (Est. $8.52B) 😐
🔹 Comparable Store Sales: +0.5% to +1.5%
🔹 Capex: ~$300M
🔹 Free Cash Flow: $(85)M to $(25)M
Other Metrics:
🔹 Operating Income: $22M (Adj. $61M; 3.0% margin)
🔹 Gross Margin: 43.5% (Adj. 43.8%) vs. 43.6% YoY
🔹 SG&A: 42.4% of sales (Adj. 40.7%) vs. 40.8% YoY
🔹 Net Cash Used in Ops: $(106)M vs. $39M provided YoY
🔹 Free Cash Flow: $(201)M vs. $(48)M YoY
🔹 Dividend: $0.25/share (payable Oct. 24, 2025)
CEO Commentary (Shane O’Kelly):
🔸 “Q2 results were solid, with sales and operating margin at the high end of expectations.”
🔸 “Pro business drove comps growth, and DIY is showing early signs of stabilization.”
🔸 “We’ve taken decisive actions over the past year to position AAP for sustained, profitable growth.”