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Advance Auto Parts cuts FY25 adjusted EPS view to $1.20-$2.20 from $1.50-$2.50

FY25 consensus $1.85. Still sees FY25 revenue $8.4B-$8.6B, consensus $8.52B. Still sees 2025 CapEx approximately $300M. Expects to open 30 new stores in 2025. The company has revised adjusted diluted EPS guidance to account for higher net interest expense related to its recent senior notes offering. Other guidance items remain unchanged.

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