Advance Auto Parts reports Q3 net sales at $2.7 billion, up 2.9%

The company sets its sights on cost savings and investment in employees with separate sale processes and capital allocation plans

Advance Auto Parts, an automotive aftermarket parts distributor in North America, has announced its third-quarter financial results on November 15, 2023, highlighting a 2.9% increase in net sales to $2.7 billion compared to the same period last year.