Advance Auto Parts, Inc. (NYSE:AAP) will release its first-quarter earnings results before the opening bell on Thursday, May 22.

Analysts expect the Raleigh, North Carolina-based company to report a quarterly loss at 69 cents per share, versus a year-ago profit of 67 cents per share in the year-ago period. According to data from Benzinga Pro, Advance Auto Parts projects to report quarterly revenue at $2.51 billion, compared to $3.41 billion a year earlier.

On March 26, Advance Auto Parts disclosed that it completed the store closure phase of its transformation plan and is now shifting focus to its returning to growth.

Advance Auto Parts shares fell 8.3% to close at $31.31 on Wednesday.

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