trending Market Intelligence /marketintelligence/en/news-insights/trending/VuFV9ef96VWoA7-7SG0t6g2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Advance Auto Parts launches $400M share repurchase program

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Advance Auto Parts launches $400M share repurchase program

Advance Auto Parts Inc. on Aug. 13 announced a $400 million share repurchase authorization that replaced the remaining portion of its previous $600 million share buyback program.

The repurchase program was authorized by the company's board Aug. 7. Its board also declared a regular cash dividend of 6 cents per share, unchanged from the previous quarter, payable Oct. 4 to shareholders of record as of Sept. 20.

The Virginia-based auto retailer narrowed its net sales outlook for fiscal 2019 to a range of $9.65 billion to $9.75 billion, from its prior guidance range of $9.65 billion to $9.80 billion. It also raised its free cash flow outlook for the year to be at least $700 million, from the prior expectation of minimum $650 million.

The company also revised its adjusted operating income margin to a range of 8% to 8.2% and its comparable-store sales to between 1% and 2%.

Advance Auto Parts' second-quarter adjusted diluted EPS rose 1.5% year over year to $2 from $1.97 but missed the S&P Global Market Intelligence consensus normalized EPS estimate of $2.21.