Advance Auto Q2 net income +267% to $55M on tariff refund, margin expansion

Filed August 20, 2026 · Period ending July 18, 2026 · Compared to 10-Q Aug 14, 2025 · ~1 min read

Key Changes

• high

  Net income rose 267% to $55.0M ($0.90/share, +264%) but operating income rose faster (+359% to $101M), reflecting $39M in higher below-the-line deductions (non-operating/other -$25M, income tax -$14M).

  MD&A: Operating income / Key Financials verify on EDGAR →
• medium

  Restructuring expenses fell to $10M (0.5% of sales) from $29M (1.4%) as the 2024 Plan nears completion; cumulative costs now $1.0B with only $10-20M remaining through FY26.

  MD&A: Restructuring / Notes: Restructuring verify on EDGAR →
• medium

  Repurchased $29M of 2028 senior notes under a 10b5-1 plan (terminated upon completion); interest expense rose to $48M from $19M YoY reflecting the $1.95B debt issuance in Q3 FY25.

  Notes: Debt repurchase / MD&A: Interest expense view on EDGAR →