Advance Auto Parts posted its strongest comparable sales growth in five years, with comps rising 3.5% in Q1, led by mid-single-digit gains in the professional channel and a positive DIY turnaround. Adjusted operating margin expanded sharply by 400 basis points to 3.8%, driven by merchandising and product margin gains rather than supply-chain efficiencies expected in 2027. Management is narrowing focus to higher-margin Main Street professional customers, launching new products like ARGOS oil and the Advance Rewards program, while acknowledging near-term revenue pressure and ongoing competitive gaps versus AutoZone and O'Reilly.

Company: Advance Auto Parts, Inc. (AAP) — Q1 FY2026

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