Advance auto parts provides covid-19 business update

Advance auto parts provides covid-19 business update.in an effort to preserve cash, have decreased remaining capital spend for 2020 by over 50%.quarter to date comparable store sales for twelve weeks ended march 21, 2020 were down 3.2% compared to prior year.advance auto parts - reduced store hours of operation and strategically closed stores temporarily where can service demand from alternative location.as of april 4, 2020, company's cash on hand was approximately $744 million.co is withdrawing full year financial guidance it provided on february 18, 2020.co has suspended its share repurchase activity to further preserve cash.
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