$AAP

U.S. Treasury's bond buyback failed to sustain market rally, leading to declines in S&P 500 (SPY) and Nasdaq (QQQ). Walmart (WMT) shares fell 9.15% after raising full-year guidance but citing pricing headwinds. Advance Auto Parts (AAP) dropped 24.55%, On Holding (ONON) closed at $29.90 amid consumer spending cuts.

Advance Auto Parts reported Q2 2026 sales of $2.00B and net income of $55M, reaffirmed full-year sales guidance of $8.49B-$8.58B, and announced new store and market hub openings. The company declared a $0.25 per share dividend and projected $9.1B revenue and $277.7M earnings by 2029, reflecting a 1.7% yearly revenue growth and a $168.7M earnings increase.

Advance Auto Parts (AAP) reported Q2 2026 net sales of $2B, a 0.5% decline in comparable store sales, and adjusted EPS of $1.03. The company cited DIY channel slowdowns and supply chain costs as challenges. Full-year guidance was adjusted, with net sales expected at $8.5B and EPS raised to $2.60-$3.30. Management highlighted strategic initiatives like market hub expansions and SKU additions to drive professional segment growth.

Advance Auto Parts reported a net income increase to $55 million, with EPS rising to 90 cents. Sales were flat, but profits improved due to reduced restructuring costs and a $26 million tariff refund. Interest expenses doubled to $113 million. The company has $3.1 billion in cash but faces challenges from debt and supply chain financing arrangements.

Walmart (WMT) reported earnings of $187.9B, beating estimates. Alibaba (BABA) reported $39.64B revenue, up 9% YoY, but missed earnings estimates. Amazon (AMZN) plans to expand Prime Air to 500 U.S. locations. PayPal (PYPL) is in talks for a potential buyout. NetEase (NTES) reported mixed Q2 results. Futu (FUTU) beat revenue estimates. Nokia (NOK) plans to cut most of its China workforce. Meta (META), Google (GOOG), and Snap (SNAP) won a legal reprieve. NVIDIA (NVDA) explores partnership with Reb

Advance Auto Parts (AAP) shares fell 24.7% after Q2 sales missed expectations. A $26M tariff refund masked an earnings miss, with adjusted EPS of $1.03 including the refund, but roughly $0.72 excluding it. Sales declined to $2.00B, and comparable-store sales fell 0.5%. Eleven analysts cut price targets, but the consensus remains a hold. The stock closed at $42.58 on Friday.

Advance Auto Parts (AAP) reported mixed Q2 2026 results, with adjusted EPS of $1.03 beating estimates but net sales of $2.0B missing forecasts. Comparable store sales fell 0.5%, and analysts cut price targets. The company improved profitability, with adjusted operating income rising to $112M. AAP reaffirmed full-year guidance but raised adjusted EPS outlook to $2.60–$3.30.

Advance Auto Parts reported a slight decline in comparable sales due to reduced DIY spending and tighter household budgets. Pro channel growth offset some losses, and operational improvements led to positive free cash flow of $120 million year-to-date. The company reaffirmed full-year guidance of 1-2% comparable sales growth and a 7% medium-term adjusted operating margin target. Management highlighted supply chain and labor optimization initiatives to drive future savings and growth.

US stocks slipped as crude prices surged, pushing bond yields higher. President Trump stated no plans to reopen the Strait of Hormuz, while Iran asserted control over it. Q2 earnings growth for the S&P 500 is tracking at 32%, with AI spending driving gains. Specific stocks moved on news: CRWD, OKTA, ZS, NET, PANW, FTNT, CCL, NCLH, UAL, ALK, RCL, DAL, LUV, AAL, MARA, MSTR, COIN, GLXY, RIOT, CRCL, APA, FANG, OXY, COP, DVN, HAL, XOM, SLB, AAP, MRNA, WMT, WOLF, NDSN, ETSY, ETD. Earnings reports expe

ScanSource (SCSC) +9.7% on Q4 EPS beat ($1.46 vs $1.11 est.). Advance Auto (AAP) -24.6% on Q2 revenue miss ($2B vs $2.03B est.). Deere (DE) +6.9% on Q3 EPS beat ($5.1 vs $4.79 est.). Nordson (NDSN) +8% on Q3 EPS beat ($3.25 vs $3.09 est.).