Advance Auto Parts reported same store sales growth for the three months to April 24 of 24.7% year over year. Demand for brakes and other consumables has picked up as U.S. drivers prepare for post-pandemic journeys. U.S. seaborne imports linked to the firm climbed 23.8% year over year in April, assisted by a 45.5% rise in brake shipments. Advance’s CFO, Jeffrey Shepherd, has noted there are rising costs “in commodities, transportation and wages” but that the industry is “very rational and successful in passing on inflationary costs in the form of price”. ...