It’s not just the mall where retailers are struggling. It’s in the garage too.
Advanced Auto Parts Inc. (NYSE: AAP) is down big today after missing earnings expectations and projecting a drop in same-store sales.
The Virginia-based car parts and accessories company has 10 locations in the Phoenix area and a customer service center in Las Vegas.
Advanced Auto reported a profit of $1.58 per share missing expectations of $1.65 per share, according to Barron’s.
AAP also expects same-store sales…