Advance Auto Parts Inc. (NYSE:AAP) shares are trading lower in the morning session on Wednesday. The company reported first-quarter earnings per share of 67 cents, beating the street view of 64 cents. Net sales totaled $3.406 billion in the first quarter of 2024, a 0.3% decrease from the prior year’s first quarter. Comparable store sales decreased 0.2%. Sales missed the analyst consensus of $3.425 billion. “While the industry experienced a slower start to 2024 compared with our expectations, the actions we began in the back half of last year will help us streamline our operations for the long term,” said ...