Advanced Auto Parts is in distress: no growth, higher leverage, trying to survive. Buybacks made when the stock was high meant it could not retain its valuable distribution business. The transformation process is not appealing, especially with the debt levels; not for the speaker.

Advanced Auto Parts, things don't look good here, they are in distress. The stock is significantly lower . The results show no growth, higher leverage ratios, and they are trying to survive what is happening.

I think they sold some of the subsidiaries or the distribution business. They made some buybacks a while ago when the stock price was high . If they hadn't carried out those operations, they could have retained the valuable distribution sector.

This is a clear transformation process, which is not appealing to me , especially given the debt levels, I think. Well, it's interesting to see how things can go wrong , but it's not for me.