RICHMOND, Va. (AP) -- Advance Auto Parts says its fourth-quarter profit fell 24% on costs related to the acquisition of two car parts suppliers.

Its adjusted earnings and revenue beat Wall Street expectations, however.

The company reported net income of $49.3 million, or $0.67 per share, for the quarter, down from $65.1 million, or $0.88 per share, a year ago.

Advance Auto Parts said adjusted earnings were $0.94 per share. Analysts expected earnings of $0.81 per share.

Revenue increased 6% to $1.41 billion. Analysts expected revenue of $1.39 billion.

Advance Auto Parts, based in Roanoke, Va., operates more than 5,295 stores in the U.S., Puerto Rico and the Virgin Islands.

link

The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.