NEW YORK, Oct. 16, 2023 /PRNewswire/ -- The Advance Auto Parts investigation involves potentially false and/or misleading statements regarding: (1) the efficacy of Advance Auto Parts' strategic pricing initiative and the impact of price reductions; (ii) the negative impacts of the pricing initiative; (iii) overly optimistic perception of Advance Auto Parts' operations; and (iv) inflation and macroeconomic factors had an insubstantial impact on Advance Auto Parts' margins.
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