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+0.97%
Close of 9 Nov 2026, in USD
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About Advance Auto Parts
From its filings with the US Securities and Exchange Commission
Advance Auto Parts is based in Raleigh, North Carolina and is incorporated in Delaware. Its shares trade on NYSE under the ticker AAP. The SEC classifies its business as retail-auto & home supply stores. In the fiscal year to 3 January 2026, it reported revenue of $8.60bn and net income of $44.0m. At that date it held total assets of $11.83bn and shareholders' equity of $2.20bn. By region, UNITED STATES accounted for 96.6%, followed by CANADA at 3.4%.
Advance Auto Parts, Inc. and its subsidiaries is a leading automotive aftermarket parts provider in North America, serving both professional installers (“professional”) and “do-it-yourself” (“DIY”) customers, as well as independently-owned operators. The Company’s stores offer a broad selection of brand names, original equipment manufacturer (“OEM”) and owned brand automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy-duty trucks. As of January 3, 2026, the Company operated 4,305 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. In addition, as of January 3, 2026, we served 809 independently owned Carquest branded stores across the same geographic locations served by our stores in addition to Mexico and various Caribbean islands. Our stores operate primarily under the trade names “Advance Auto Parts” and “Carquest”.
The Company was founded in 1929 as Advance Stores Company, Incorporated, and operated as a retailer of general merchandise, including automotive parts, until the 1980s. During the 1980s, the Company began shifting its focus, specifically targeting the sale of automotive parts and accessories to DIY customers. The Company initiated the professional delivery program in 1996 and has served professional customers since 2000. The Company has grown significantly as a result of strategic acquisitions, new store openings and comparable store sales growth.
Quoted from its 10-K, filed 13 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Discretionary
- Industry
- Specialty Retail
- Listed since
- 29 Nov 2001
- Employees
- 28,274
- Website
- shop.advanceautoparts.com ↗
- Head office
- 4200 SIX FORKS ROAD, RALEIGH, NC, 27609
- Incorporated in
- DE
- Classification
- Retail-Auto & Home Supply Stores
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Mr. Eugene LeeIndependent Chairman of the Board$465,000
- Mr. Shane O'KellyPresident, Chief Executive Officer, Director, since 2023$10.3m
- Mr. Ryan GrimslandChief Financial Officer, Executive Vice President$2.8m
- Ms. Kristen SolerChief Human Resources Officer, Executive Vice President
- Ms. Shweta BhatiaExecutive Vice President, Chief Technology Officer
- Mr. Jeffrey ViningExecutive Vice President, General Counsel, Company Secretary
- Mr. Bruce StarnesExecutive Vice President, Chief Merchant$2.3m
- Mr. Stephen SzilagyiExecutive Vice President - Supply Chain$1.3m
- Mr. Michael BelandSenior Vice President, Chief Accounting Officer, Controller
- Mr. Jason HandSenior Vice President - U.S. Stores
- Ms. Carla BailoIndependent Director$265,000
- Mr. John FerraroIndependent Director$290,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 56
- Environment
- 30
- Social
- 66
- Governance
- 72
- Direct emissions (scope 1)
- 105,649 t
- Women in the workforce
- 22.3%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Advance Auto Parts Inc has established itself as a well-known and trusted brand in the automotive retail industry. This strong brand recognition allows the company to attract customers and build customer loyalty.
- The company offers a wide range of automotive parts and accessories, providing customers with a comprehensive product selection. This extensive product range gives Advance Auto Parts a competitive edge over its rivals and attracts a diverse customer base.
- Advance Auto Parts has built a strong distribution network, including numerous stores across the country, along with an efficient online platform. This enables the company to reach customers effectively and ensures timely delivery of products.
Weaknesses
- The company heavily relies on the North American market for its revenue, making it vulnerable to any fluctuations or downturns in this market. This dependence exposes Advance Auto Parts to risks associated with regional economic conditions.
- Advance Auto Parts has a limited international presence compared to some of its competitors. This restricts its ability to tap into potential markets outside of North America and diversify its revenue streams.
- The automotive retail industry is highly competitive, with numerous players vying for market share. Advance Auto Parts faces intense competition from both traditional brick-and-mortar stores and online retailers, which puts pressure on its profitability.
Opportunities
- The ongoing growth of e-commerce presents an opportunity for Advance Auto Parts to expand its online sales and reach a larger customer base. By investing in its online platform and offering convenient and user-friendly online shopping experiences, the company can capitalize on this trend.
- Advance Auto Parts can explore opportunities to expand into new geographic markets and increase its international presence. This would allow the company to tap into new customer segments and reduce the risk associated with dependence on a single market.
- By prioritizing and enhancing the overall customer experience, Advance Auto Parts can build stronger customer loyalty and differentiate itself from competitors. Providing exceptional service, personalized recommendations, and efficient after-sales support can drive customer satisfaction and retention.
Threats
- Fluctuations in the overall economy, including changes in consumer spending patterns and disposable income, can pose a threat to Advance Auto Parts' performance. Economic downturns may lead to reduced customer demand for automotive products and impact the company's revenue.
- Rapid advancements in technology and the rise of electric vehicles can disrupt the traditional automotive retail industry. If Advance Auto Parts fails to adapt and respond effectively to these changes, it may lose market share to competitors embracing technological innovations.
- The automotive industry is subject to various regulations and compliance requirements, including environmental standards and safety regulations. Changes in these regulations can increase costs and impact business operations for Advance Auto Parts.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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