Auto parts and accessories retailer Advance Auto Parts (NYSE: AAP) will be announcing earnings results this Thursday before market hours. Here’s what investors should know.

Advance Auto Parts beat analysts’ revenue expectations by 1% last quarter, reporting revenues of $2.01 billion, down 7.7% year on year. It was a slower quarter for the company, with full-year EPS guidance missing analysts’ expectations significantly and a significant miss of analysts’ EBITDA estimates.

Is Advance Auto Parts a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Advance Auto Parts’s revenue to decline 5.8% year on year to $2.02 billion, a further deceleration from the 3.2% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.74 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Advance Auto Parts has missed Wall Street’s revenue estimates five times over the last two years.

Looking at Advance Auto Parts’s peers in the auto parts retailer segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Genuine Parts delivered year-on-year revenue growth of 4.9%, beating analysts’ expectations by 2.2%, and O'Reilly reported revenues up 7.8%, in line with consensus estimates. Genuine Parts’s stock price was unchanged after the resultswhile O'Reilly was down 2.8%.

Read our full analysis of Genuine Parts’s results here and O'Reilly’s results here.

Debates over possible tariffs and corporate tax adjustments have raised questions about economic stability in 2025. While some of the auto parts retailer stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.1% on average over the last month. Advance Auto Parts is down 9.5% during the same time and is heading into earnings with an average analyst price target of $53.45 (compared to the current share price of $56.99).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.