Advance Auto Parts, Inc.
AAP
NYSE
Last Updated: 6/9/2023 8:00:02 PM
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About Advance Auto Parts, Inc.
Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company offers battery accessories; belts and hoses; brakes and brake pads; chassis and climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts. It also offers air conditioning chemicals and accessories; air fresheners; antifreeze and washer fluids; electrical wires and fuses; electronics; floor mats, seat covers, and interior accessories; hand and specialty tools; lighting products; performance parts; sealants, adhesives and compounds; tire repair accessories; vent shades, mirrors and exterior accessories; washes, waxes and cleaning supplies; and wiper blades. In addition, the company offers air filters; fuel and oil additives; fuel filters; grease and lubricants; motor oils; oil filters, part cleaners and treatments; and transmission fluids for engine maintenance. Further, it offers battery and wiper installation; engine light scanning and checking; electrical system testing; video clinic; oil and battery recycling; and loaner tool program services. Additionally, the company sells its products through its website. It serves professional installers and do-it-yourself customers. The company operates stores under the Advance Auto Parts, Autopart International, and Carquest brands, as well as branches under the Worldpac name. As of April 23, 2022, it operated 4,687 stores and 311 branches in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada; and served 1,318 independently owned Carquest branded stores in Mexico, Grand Cayman, the Bahamas, Turks and Caicos, and the British Virgin Islands. The company was founded in 1929 and is based in Raleigh, North Carolina.Advance Auto Parts, Inc. Company Details
CEO: Mr. Thomas R. Greco
Country: US
Industry: Specialty Retail
Website: https://www.advanceautoparts.com
Exchange: New York Stock Exchange
IPO\Launch Date: 2001-11-29
Advance Auto Parts, Inc. Company Executive Details
Mr. Carlos A. Saladrigas CPA
Co-Founder and Chief Executive Officer of Regis HR
Mr. Herman Word Jr.
Executive Vice President of U.S. Stores & Carquest Independents
Mr. Thomas R. Greco
Pres, Chief Executive Officer & Director
Mr. William J. Pellicciotti Jr.
Senior Vice President, Controller & Chief Accounting Officer
Mr. Jeffrey W. Shepherd
Executive Vice President & Chief Financial Officer
Advance Auto Parts, Inc. Latest News
Why The Best Dividend Stocks Are Hated By Analysts
Analyst ratings are a wonderful contrarian indicator.
Published on: 2023-06-08 07:30:00
Impact on Symbol / Company: AAP
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Top 5 Consumer Stocks That Could Lead To Your Biggest Gains In June
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
Published on: 2023-06-06 08:35:57
Impact on Symbol / Company: AAP
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7 Names to Buy as Stock Market Crash Fears Fester
Ordinarily, a blisteringly hot jobs report wouldn't inspire discussions about stocks to buy before crash. Essentially, the latest employment readout suggested that more money chases after fewer goods.
Published on: 2023-06-05 18:13:57
Impact on Symbol / Company: AAP
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Advance Auto Parts Did Too Much Too Fast On the Dividend
Advance Auto Parts drastically increased its dividend in a very short period of time. The payout ratio also increased materially, and it was all unsustainable.
Published on: 2023-06-05 09:15:00
Impact on Symbol / Company: AAP
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Advance Auto Parts: Fairly Valued After Recent Drawdown
Advance Auto Parts Inc. is down 40% after struggling in Q1 2023. Management should focus on optimizing operations, closing poor-performing stores, and improving product mix to increase cash flow for future buybacks and dividends. My valuation model estimates a fair value of $62.06, in line with the current market price.
Published on: 2023-06-03 03:36:22
Impact on Symbol / Company: AAP
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Advance Auto Parts stock extends record plunge after BofA abandons longtime bullish call
Shares of Advance Auto Parts Inc. took another dive Thursday, to extend the previous session's record plunge, after BofA Securities analyst Elizabeth Suzuki abandoned her longtime bullish stance following the auto parts seller's disappointing quarterly results and outlook.
Published on: 2023-06-01 15:16:00
Impact on Symbol / Company: AAP
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Why Shares in Advance Auto Parts Got Crushed This Week
Margin performance is below par, full-year guidance was cut, and the board slashed the dividend. Investors will be hoping new management can turn around the company's fortunes next year.
Published on: 2023-06-01 13:40:21
Impact on Symbol / Company: AAP
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Advance Auto Parts is the stock you need to avoid: Miller Tabak's Matt Maley
Matt Maley, chief marketing strategist at Miller Tabak, joins ‘The Exchange' to discuss Advance Auto Parts as the stock is on pace for its worst day ever as the company posted a huge earnings miss.
Published on: 2023-05-31 14:31:36
Impact on Symbol / Company: AAP
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Advance Auto (AAP) Q1 Earnings & Revenues Miss Estimates
Advance Auto's (AAP) Q1 earnings lags estimates, owing to a decline in comparable store sales and operating income. The company lowers its guidance for 2023.
Published on: 2023-05-31 14:16:04
Impact on Symbol / Company: AAP
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Advance Auto Parts is on pace for its worst day ever
Jenny Harrington, chief executive officer of Gilman Hill Asset Management, joins 'Halftime Report' to discuss Advance Auto Parts as the stock plummeted after the company's first-quarter earnings missed Wall Street's expectations.
Published on: 2023-05-31 13:22:05
Impact on Symbol / Company: AAP
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Advance Auto Parts Misses Profit Estimates, Cuts Outlook and Dividend
Advance Auto Parts posted earnings well below estimates, and reduced its full-year profit and sales guidance.
Published on: 2023-05-31 11:50:38
Impact on Symbol / Company: AAP
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Advance Auto Parts (AAP) Reports Q1 Earnings: What Key Metrics Have to Say
The headline numbers for Advance Auto Parts (AAP) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Published on: 2023-05-31 10:45:45
Impact on Symbol / Company: AAP
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