Advance Auto Parts Inc. (AAP) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.517 Actual results could differ materially from those projected or implied by the forward-looking 00:00:04.517 -- 00:00:09.143 statements. Additional information can be found under forward-looking statements in our 00:00:09.143 -- 00:00:14.010 earnings release and risk factors in our most recent Form 10-K and subsequent filings 00:00:14.010 -- 00:00:16.273 made with the SEC. 00:00:16.273 -- 00:00:20.979 Shane will begin today's call with an update on the business and our strategic priorities. 00:00:20.979 -- 00:00:25.084 Later, Ryan will discuss results for the first quarter and provide an update on 2025 00:00:25.084 -- 00:00:30.288 guidance. Following management's prepared remarks, we will open the line for questions. 00:00:30.288 -- 00:00:34.934 Now, let me turn over the call to our CEO, Shane O'Kelly. 00:00:34.934 -- 00:00:37.857 Thank you, LaVesh, and good morning, everyone. 00:00:37.857 -- 00:00:43.103 I want to take a moment to express my gratitude for the hard work, unwavering commitment, 00:00:43.103 -- 00:00:48.229 and dedication of the advanced team. I am pleased to report that our team delivered 00:00:48.229 -- 00:00:51.233 better than expected first quarter results. 00:00:51.233 -- 00:00:55.919 After a challenging start to the year for the industry, we began to see demand rebound 00:00:55.919 -- 00:00:59.347 in late February, led by our pro business. 00:00:59.347 -- 00:01:04.952 For the quarter, Pro grew in the low single-digit range, including eight consecutive 00:01:04.952 -- 00:01:09.156 weeks of positive comparable sales growth in the U.S. 00:01:09.156 -- 00:01:14.441 This positive momentum in Pro has continued during the first four weeks of Q2, 00:01:14.441 -- 00:01:19.306 driven by our focus on providing exceptional c...