Management StrategyCEO Shane O'Kelly has properly identified and is addressing AAP’s challenges, and now, having met his executive team, the quality and focus are impressive.
Sales PerformanceFourth-quarter sales landed 3% above the consensus estimate.
Store ClosuresAAP began to close stores in January and will complete the process by end of March which is ahead of mid-2025 expectations, and thus far lease termination costs are tracking favorably.