Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Advance Auto Parts

Advance Auto Parts, Inc. engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It operates through the following segments: Northern Division, Southern Division, Carquest Canada, Independents and Worldpac. Advance Auto Parts offers replacement parts, performance parts, accessories, oil and fluids, engine parts, brakes, batteries, accessories, and tools and garage. The company was founded by Arthur Taubman in 1929 and is headquartered in Raleigh, NC.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Advance Auto Parts reports Q4 growth, focuses on strategic initiatives

Advance Auto Parts showed improvement in Q4 2022, focusing on driving long-term shareholder value and enhancing parts availability. Strategic initiatives and investments in inventory, brand building, and digital capabilities are key for future growth. Challenges include inflation, availability issues, and addressing Pro business underperformance.

Advance Auto Parts reports mixed Q1 performance, focuses on margins

Advance Auto Parts (AAP) reported a mixed performance in Q1 2023, with net sales increasing but facing challenges in gross margin and operating margin.
The company is addressing challenges in the Pro channel, focusing on operational improvements and margin expansion initiatives for the rest of the year.
Despite headwinds in the competitive environment and supply chain, Advance Auto Parts is leveraging strengths in category management and private label brands.
Opportunities lie in improving availability, pricing, and sales execution to drive performance, with a strategic focus on long-term growth and profitability.

Advance Auto Parts reports strong Q2 results and strategic leadership change

Advance Auto Parts delivered strong Q2 results, focusing on operational improvements and pricing strategies to drive shareholder value and sustainable growth.
Challenges in gross margin and SG&A require pricing corrections and cost management strategies, while opportunities lie in pricing improvements and strategic reviews.
The appointment of Shane O'Kelly as CEO signals a strategic leadership change aimed at leveraging industry knowledge for future growth and operational enhancements.
Overall, Advance Auto Parts is well-positioned to capitalize on sales momentum, address margin challenges, and unlock opportunities through ongoing strategic initiatives.

Advance Auto Parts adjusts guidance, focuses on profitable growth

Advance Auto Parts (AAP) navigated Q3 with a focus on stabilizing the business, taking decisive actions, and adjusting full-year guidance to drive profitable growth amidst challenges in gross profit margin deleverage.
The company's strengths include proactive customer engagement, cost reduction initiatives, and positive cash flow generation, while challenges in gross margin decline and limited segmentation reporting require strategic addressing.
Opportunities for AAP include optimizing the do-it-for-me business, considering credit rating enhancements, and sustaining positive cash flow trends to enhance financial performance and operational efficiency.

Advance Auto Parts (AAP) addresses challenges with strategic actions

Advance Auto Parts (AAP) navigates through a challenging Q4 2023 with strategic actions to stabilize the business and drive long-term success. Despite mixed financial performance, the company is focused on leveraging industry strengths, investing in employees, and optimizing supply chains. Challenges in profitability and operational efficiency are being addressed, while opportunities in customer-centric strategies and supply chain consolidation are being pursued for growth.

Advance Auto Parts Q1 2024 Earnings: Decisive Actions Amid Performance Challenges

Advance Auto Parts Q1 2024 earnings call highlighted lower-than-expected performance, but with decisive cost-saving actions and successful sale processes. Challenges ahead include margin pressure and store closure decisions based on asset productivity. Opportunities exist in accelerating supply chain investments and enhancing customer service through market hub conversions.

Advance Auto Parts reports Q2 growth, focuses on operational efficiency

Advance Auto Parts (AAP) showcased resilience with positive sales growth and strategic initiatives to enhance profitability and operational efficiency.
While facing margin challenges and earnings impact, the company's focus on cost reduction and growth investments positions it for long-term success.
Revised guidance underscores a commitment to financial strength, growth, and operational excellence, signaling a proactive approach to market dynamics.

Advance Auto Parts aims for 7% margin, addresses challenges

Advance Auto Parts navigated challenges in Q3 2024 with a focus on strategic actions to enhance profitability and achieve a 7% adjusted operating margin by 2027.
Management's confidence in the turnaround plan, early wins in hub stores, and emphasis on cost-related actions highlight progress towards financial health.
Analysts' inquiries on protecting profitability and cash flow, store closing criteria, and cash deployment from Worldpac underscore areas of focus for the company.
Opportunities in driving margin improvement, managing downside risks, and deploying cash strategically position Advance Auto Parts for sustainable growth and financial resilience.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Advance Auto Parts, Inc. engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It operates through the following segments: Advance Auto Parts/Carquest U.S., Carquest Canada, Worldpac, and Independents. The company was founded by Arthur Taubman in 1929 and is headquartered in Raleigh, NC.

Albany International

AAP, AIN and CDW have been added to the Zacks Rank #5 (Strong Sell) List on November 20, 2024.

New Strong Sell Stocks for November 20th

The sale of Worldpac for $1.5 billion significantly strengthens AAP's balance sheet, eliminating solvency risk and providing a cash cushion worth nearly half its total market cap. AAP's restructuring plan includes closing 727 stores and reducing headcount, a difficult but necessary move to create a stronger, more profitable foundation. Management aims for 7% operating margins by FY2027, achieved solely through cost savings, with additional upside potential from top-line growth.

Advance Auto Parts: Undervalued Turnaround Stock With Major Margin Expansion Ahead

Advance Auto Parts has lagged behind its winning peers for years.

Can This $1.2 Billion Deal Turn a Longtime Losing Stock Into a Winner?

Advance Auto Parts plans to close 523 corporate stores, exit 204 independently owned locations and close four distribution centers in the United States by mid-2025 as it works to boost its operational productivity.

Advance Auto Parts Aims to Boost Productivity by Closing Stores

Advance Auto Parts, a leading automotive aftermarket-parts provider in North America that serves both professional installers and do-it-yourself customers, said it will close more than 700 of its 5,000 stores in a “strategic plan to improve business performance.” Of those closing, it said 523 will be corporate stores, 204 will be independent locations, and four will be distribution centers.

Advance Auto Parts will close over 700 stores as the list of struggling retailers grows

Advance Auto Parts, Inc. (NYSE:AAP ) Q3 2024 Earnings Call Transcript November 14, 2024 8:00 AM ET Company Participants Lavesh Hemnani - VP of IR Shane O'Kelly - President and CEO Ryan Grimsland - EVP and CFO Conference Call Participants Michael Lasser - UBS Chris Horvers - JPMorgan Scot Ciccarelli - Truist Seth Basham - Wedbush Steven Zaccone - Citigroup Seth Sigman - Barclays Zach Fadem - Wells Fargo Operator Hello, everyone, and welcome to the Q3 2024 Advance Auto Parts Earnings Conference Call. My name is Charlie, and I'll be coordinating the call today.

Advance Auto Parts, Inc. (AAP) Q3 2024 Earnings Call Transcript

The action in Advance Auto Parts, Inc.  AAP has some investors and traders confused. The company released its earnings report Thursday and it was well short of estimates.

Stock Of The Day: Why Is Advance Auto Rallying On A Loss?

The company warned it could incur up to $750 million of total costs related to the restructuring.

Advance Auto Parts shutting 500 stores, cutting jobs as fewer opt to repair cars

The car-parts retailer announces plans to close hundreds of stores as part of a financial plan to refresh the business.

Advance Auto Parts Stock Rises. Closing Stores Matters More Than a Bad Quarter.

AAP expects 2024 net sales of around $9 billion, down from the prior-guided range of $11.15-$11.25 billion.

Advance Auto Incurs Unexpected Q3 Loss, Cuts 2024 Guidance

Advance Auto Parts (AAP) said Thursday that it plans to close hundreds of stores as the auto parts retailer recorded a surprise quarterly loss.

Advance Auto Parts to Close Hundreds of Stores; Stock Jumps

The headline numbers for Advance Auto Parts (AAP) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Advance Auto Parts (AAP) Reports Q3 Earnings: What Key Metrics Have to Say

Advance Auto Parts (AAP) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.52. This compares to loss of $0.82 per share a year ago.

Advance Auto Parts (AAP) Reports Q3 Loss, Misses Revenue Estimates

Taysha Gene Therapies

U.S. stock futures were higher this morning, with the Dow futures gaining more than 50 points on Thursday.

Advance Auto Parts Posts Weak Results, Joins Harrow, Taysha Gene Therapies And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

Advance Auto Parts said it will close hundreds of stores and cut jobs after posting a surprising quarterly loss and forecasting revenue below market expectations.

Advance Auto Parts to Close Stores as Sales Outlook Misses Views

Advance Auto Parts' stock falls after a quarterly loss, and release of a plan to close more than 500 company stores and four distribution centers.

Advance Auto Parts to close more than 500 stores, exit 200 other locations

RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers, announced its financial results for the third quarter ended October 5, 2024. "We are pleased to have made progress on our strategic actions, including the completion of the sale of Worldpac and a comprehensive operational productivity review of our business,” said Shane O'Kelly, president and.

Advance Auto Parts Reports Third Quarter 2024 Results and Completes Comprehensive Review of Operational Productivity

Advance Auto Parts, Inc. AAP will release earnings results for its third quarter, before the opening bell on Thursday, Nov. 14.

Advance Auto Parts Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Get a deeper insight into the potential performance of Advance Auto Parts (AAP) for the quarter ended September 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Ahead of Advance Auto Parts (AAP) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Advance Auto Parts (AAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Advance Auto Parts (AAP) Reports Next Week: Wall Street Expects Earnings Growth

Carlyle Group

RALEIGH, N.C.--(BUSINESS WIRE)---- $AAP #AAP--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself customers, today announced the close of the sale of Worldpac, Inc. to global investment firm Carlyle (NASDAQ: CG). The sale agreement was announced on Aug. 22, 2024 with a transaction value of $1.5 billion. The company estimates net proceeds of approximately $1.2 billion after taxes and transaction cost.

Advance Auto Parts Announces Closing of Sale of Worldpac to Carlyle

RALEIGH, N.C.--(BUSINESS WIRE)---- $AAP #AAP--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself customers, will report financial results for its third quarter ended October 5, 2024, before the market opens on Thursday, November 14, 2024. The company has scheduled a conference call and webcast to begin at 8:00 a.m. ET on Thursday, November 14, 2024. A live webcast will be available on the company's.

Advance Auto Parts Announces Date for Third Quarter 2024 Earnings Release and Conference Call

A turnaround plan is in place and now it has more money to make the plan a reality.

This $2.4 Billion Company Is About to Get a $1.2 Billion Payday. Here's Why I Couldn't Be More Optimistic

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AutoZone

Genuine Parts

Genuine Parts Co. is a Dividend King /Champion with a 68-year history of rising dividends, offering a reliable but currently somewhat overvalued investment. AutoZone Inc. and O'Reilly Automotive Inc. are strong growth stocks but are overvalued, making them hold rather than buy candidates. Advance Auto Parts Inc. faces significant challenges with recent earnings struggles and a 2023 dividend cut, making it a speculative and unreliable investment.

News for Advance Auto Parts Stock (AAP)