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Advance Auto Parts Inc: Overview

Advance Auto Parts Inc (AAP) is an automotive aftermarket parts provider serving both professional, do-it-yourself customers and independently owned operators. It provides a wide variety of branded, original equipment manufacturer and brand owned automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, SUVs and trucks. The company serves its customers through “brick and mortar” stores and self-service e-commerce sites. The stores are operated under various brand names which includes Advance Auto Parts, Autopart International, Carquest and Worldpac. It has operations across the US and Canada. AAP is headquartered at Raleigh, North Carolina, the US.

Headquarters United States of America

Address 4200 Six Forks Road, Raleigh, North Carolina, 27609


Telephone 1 540 3624911

No of Employees 41,000

Industry Automotive

Ticker Symbol & Exchange AAP (NYSE)

Revenue (2021) $11.0B 8.8% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 25% (2021 vs 2020)

Market Cap* $8.9B

Net Profit Margin (2021) XXX 14.8% (2021 vs 2020)

* As of and is in US$

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Advance Auto Parts Inc’s likely spend across technology areas enabling you to understand the digital strategy.

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Products and Services

Products Services Brands
Parts and Batteries: TECH-NET Professional Auto Services Bosch
Batteries and Battery Accessories E-Services Castrol
Belts and Hoses Dayco
XXX XXX
XXX XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Asset Disposal In July, the company sold its Michigan property to Four Corners Property Trust for US$0.928 million.
2022 Asset Disposal In July, the company sold its Illinois property to Four Corners Property Trust for US$2.3 million.
2022 Corporate Changes/Expansions In June, the company opened 22 new stores in the Los Angeles, the US.
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Competitor Comparison

Key Parameters Advance Auto Parts Inc AutoZone Inc O'Reilly Automotive Inc Uni-Select Inc. National Automotive Parts Association
Headquarters United States of America United States of America United States of America Canada United States of America
City Raleigh Memphis Springfield Boucherville Atlanta
State/Province North Carolina Tennessee Missouri Quebec -
No. of Employees 41,000 112,000 68,679 1,321 -
Entity Type Public Public Public Public Institution
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Executives
Name Position Board Since Age
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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