Financial ProjectionsEstimates likely coming down mainly due to FX and LIFO, with '25/'26 EPS estimates decreasing by ~5%/~2% due to near-term temporary headwinds.
Market ConditionsThe auto parts retail backdrop is clearly seeing a weaker demand environment as lower-income consumers tighten budgets, defer some big-ticket auto maintenance, and pull back on discretionary DIY spending.
Sales PerformanceDomestic business still not performing where expected with domestic comps of +0.2% missing the Street at +1.2%.