-=Advance Auto (AAP) reported earnings on Tue 18 Feb 20 (b/o)

Advance Auto increases quarterly dividend by $0.06 to $0.25 per share
This dividend is payable April 3, 2020 to shareholders of record at the close of business on March 20, 2020.

Reports Q4 (Dec) earnings of $1.64 per share, $0.29 better than the S&P Capital IQ Consensus of $1.35; revenues rose 0.4% year/year to $2.11 bln vs the $2.12 bln S&P Capital IQ Consensus.

• Same store comps were +0.1%.
• Gross margin decreased by 19 bps to 44.0%.

Co issues in-line guidance for FY20, sees FY20 revs of $9.88 bln to $10.10 bln vs. $9.93 bln S&P Capital IQ Consensus.

• Comparable store sales expected to increase up to 2.0%.