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Advance Auto Parts, Inc. (NYSE: AAP) on Monday reported financial results for the fourth quarter of fiscal 2021. Adjusted earnings increased in double digits amid modest revenue growth.
Advance Auto Parts Q4 2021 earnings infographic
Net income, excluding one-off items, jumped 35% annually to $2.07 per share during the three-month period. Meanwhile, fourth-quarter unadjusted net income decreased to $81.7 million or $1.30 per share from $112 million or $1.66 per share in the same period of 2020.
At $2.39 billion, revenues were up 1% from the corresponding period of the prior year. The top-line performance surpassed the consensus estimates.
Meihua International Medical Technologies is the latest healthcare company to seek Wall Street listing, even as the IPO market picks up momentum after witnessing record activity last year. However, the
Shares of PepsiCo Inc. (NASDAQ: PEP) have gained 23% over the past 12 months. The company delivered better-than-expected revenue and earnings for the fourth quarter of 2021 with strong performance
Despite a general slump in consumer sentiment during the pandemic, supermarkets and grocery stores witnessed stable demand that came as a boon for those with strong digital capabilities. Walmart Inc.
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