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.

Sales surged as do-it-yourselfers raced to fix up older cars amid a confluence of industry events.

Is the Chip Shortage Responsible for Advance Auto Parts' Record Q1?

Advanced Auto Parts, Inc. (NYSE:AAP) stepped into the earnings confessional this morning, reporting first-quarter earnings of $3.34 per share, which beat Wall Street's projections while its revenue of $3.33 billion was in line with estimates.

AAP Moves Higher After Beating Q1 Earnings Estimates

Shares of Advance Auto Parts (NYSE:AAP) moved higher by 0.7% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 267.03% over the past year to $3.34, which beat the estimate of $3.08.

Advance Auto Parts: Q1 Earnings Insights

Advance Auto Parts Inc. reported fiscal a first-quarter adjusted profit that more than tripled and beat expectations, boosted by record sales growth amid strong demand from do-it-yourself and professional customers. The auto parts retailer's stock was still inactive in premarket trading.

Advance Auto Parts adjusted profit more than triples and sales rise, beating expectations

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 installer and do-it-yourself customers, today announced its financial results for the first quarter ended April 24, 2021. "In the first quarter of 2021, we delivered record-breaking sales growth across our business, as both DIY and professional customers turned to Advance for their automotive needs amid a strong industry backdrop,"

Advance Auto Parts Reports Record First Quarter 2021 Results

Donaldson

Hewlett Packard

NetApp

Zoom Video

Some of the stocks that may grab investor focus today are: Wall Street expects Advance Auto Parts, Inc. (NYSE: AAP) to report quarterly earnings at $3.08 per share on revenue of $3.28 billion before the opening bell. Advance Auto Parts shares gained 1.7% to $198.00 in after-hours trading.

5 Stocks To Watch For June 2, 2021

Advance Auto Parts (NYSE:AAP) releases its next round of earnings this Wednesday, June 02. Get the latest predictions in Benzinga's essential guide to the company's Q1 earnings report.

Earnings Preview for Advance Auto Parts

Airbnb

AMC Entertainment

Advanced Micro Devices

Air Products and Chemicals

GameStop

NVIDIA

Palantir Technologies

Rocket Companies, Inc.

Tesla

Although not a sure-fire way to success, these are the top trending Reddit stocks gaining chatter on the popular subreddit, WallStreetBets. The post The 10 Most Talked About Stocks on Reddit WallStreetBets appeared first on InvestorPlace.

The 10 Most Talked About Stocks on Reddit WallStreetBets

Advance Auto Parts' gross and operating margins have underperformed peers for years. The strongest investment rationale is based on closing the gap - something management has failed to achieve for over a decade.

Advance Auto Parts: Perpetual Unrealized Potential

Advance Auto parts (AAP) expects first-quarter 2021 comps growth within 22-24%, indicating an improvement from the previous quarter and year-ago period.

What to Expect From Advance Auto Parts' (AAP) Q1 Earnings

Discover

KeyCorp

Molson Coors Brewing

Vici Properties

Savvy investors know that a big rotation has been happening across Wall Street over the past six months.

Top Wall Street Analyst Has 5 Value Stocks to Buy With Momentum Potential

AutoZone

CVS Health

Home Depot

Macy's

Abercrombie & Fitch

Anthem

Bed Bath & Beyond

Dick's Sporting Goods

Target

With the trading day about halfway over, the markets turned lower on Wednesday, nearly hitting their lows of last week.

AutoZone, CVS, Home Depot, Macy's and More Wednesday Afternoon Analyst Calls

Advance Auto Parts unveils its updated medium-term targets at its recent strategic update.

Advance Auto Parts: Positive Strategic Update Paves The Way For Upside Ahead

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 installer and do-it-yourself customers, will report its first quarter 2021 results before the market opens on Wednesday, June 2, 2021. Interested parties can listen to the event via a webcast scheduled to begin at 8:00 a.m. Eastern Time on Wednesday, June 2, 2021. The webcast will be accessible via the company's Investor Relations w

Advance Auto Parts to Report First Quarter 2021 Earnings on June 2, 2021

RALEIGH, N.C.--(BUSINESS WIRE)--Berlin Raceway in Marne, Mich., wins $50,000 and the “Advance My Track Challenge” presented by Advance Auto Parts.

Berlin Raceway Wins $50,000 and the “Advance My Track Challenge” Presented by Advance Auto Parts

RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts names KÖRBER, USPack, SmartDrive Omnitracs, and enVista as 2020 Supply Chain Vendor Award winners.

Advance Auto Parts Names 2020 Supply Chain Vendor Award Winners

As the economy gradually moves towards normalization and there is a ramp-up for vaccinations, auto parts retailers like Advance Auto Parts, Inc. (NYSE: AAP) are poised to benefit, despite strong comps in 2020, according to Goldman Sachs. The Advance Auto Parts Analyst: Kate McShane upgraded the rating for Advance Auto Parts from Sell to Buy, while raising the price target from $180 to $227.

6 Reasons Why Goldman Sachs Upgrades Advance Auto Parts Stock

RALEIGH, N.C.--(BUSINESS WIRE)--Get Road Trip Ready with Advance Auto Parts and enter to win a new RV courtesy of Camping World or a vacation package to a popular destination.

This Summer, Get Road Trip Ready with Advance Auto Parts

Does Advance Auto Parts (AAP) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Advance Auto Parts (AAP) is a Great Momentum Stock to Buy

Advance Auto Parts (AAP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Advance Auto Parts (AAP) Moves to Buy: Rationale Behind the Upgrade

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 installer and do-it-yourself customers, announced that on April 19, 2021, its Board of Directors approved an additional share repurchase authorization of $1 billion, bringing the total available repurchase authorization to approximately $1.3 billion. In addition, the Board of Directors declared a quarterly cash dividend of $1.00 per

Advance Auto Parts Announces $1 Billion Increase to Share Repurchase Authorization, Increases Quarterly Cash Dividend and Updates Full Year 2021 Guidance

Amid formidable demand from DIY shoppers and professional customers, Advance Auto Parts said it anticipates comparable-store sales growth to be between 22 percent and 24 percent for the first quarter of 2021, according to a Tuesday (April 20) announcement. The aftermarket auto parts retailer expects the adjusted operating income margin rate to be between 8.5 […]

Advance Auto Parts Projects Comp Growth With Demand From DIY, Pro Shoppers

Advance Auto Parts, Inc. (NYSE:AAP) is an automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers.

Taking a Closer Look at Advanced Auto Parts Before Earnings

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 installer and do-it-yourself customers, has released select first quarter 2021 estimated results ahead of its virtual strategy presentation scheduled for today, April 20, 2021 at 10 a.m. Eastern Time. “We continue to see strong demand from both DIY omnichannel and professional customers, with robust sales growth to start 2021,” said

Advance Auto Parts Provides Select First Quarter 2021 Estimated Results Ahead of Virtual Strategy Presentation

RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider, announces a presentation on its updated strategic business plan to be held on April 20, 2021 beginning at 10:00 a.m. Eastern Time. Tom Greco, president and chief executive officer, Jeff Shepherd, executive vice president and chief financial officer together with other members of the executive leadership team will discuss the company's progress on its transformation initiatives

News for Advance Auto Parts Stock (AAP)