advance auto parts inc said monday its profit declined in the first quarter after an increase in expenses in the period the raleigh ncbased auto parts retailer reported net income of 1398 in the period compared with 1859 million a year earlier earnings per share were 226 down from 281 and adjusted earnings per share rose to 357 from 334 sales rose to 337 billion from 333 billion in the yearearlier period selling general and administrative expenses rose to 13 billion from 123 billion a year earlier revenue was slightly below market expectations while net income missed by a wider margin the median forecast of analysts surveyed by factset was for sales of 338 billion and net income of 222 million the company reiterated its guidance for sales in a range from 112 billion to 115 billion in fiscal year 2022 and widened slightly its guidance for adjusted earnings per share to a range from 1330 to 1385 from its earlier guidance of a range from 1332 to 1375