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You are here: Home / Advance Auto Parts shares plummet 35% after dismal results, cuts to outlook and dividend

Advance Auto Parts shares plummet 35% after dismal results, cuts to outlook and dividend

May 31, 2023 by US Top News and Analysis

The auto parts supplier blamed its Q1 results on higher-than-expected costs, inflationary pressure, supply chain problems and lower, unfavorable product mix.

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