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.

Although the revenue and EPS for Advance Auto Parts (AAP) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Advance Auto Parts (AAP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Advance Auto Parts (AAP) came out with quarterly earnings of $0.75 per share, missing the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $1.43 per share a year ago.

Advance Auto Parts (AAP) Q2 Earnings Miss Estimates

The car-parts retailer issues a mixed quarterly report and cuts its full-year earnings outlook.

Advance Auto Stock Skids. Earnings Miss Overshadows $1.5 Billion Sale of Worldpac.

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 its financial results for the second quarter ended July 13, 2024. “Our team delivered positive comparable sales growth while navigating a challenging demand environment during the second quarter. I would like to thank the team for their hard work and dedication to serving our custome.

Advance Auto Parts Reports Second Quarter 2024 Results

Carlyle Group

Advance Auto Parts Inc.'s stock AAP, +1.83% jumped 6% early Thursday, after the car parts maker said it has reached an agreement to sell Worldpac Inc., a car part wholesale distribution business, to funds managed by private-equity firm Carlyle Group Inc. CG, -0.72% for $1.5 billion in cash. “The sale enables our team to sharpen their focus on decisive actions to turn around the Advance blended box business,” said CEO Shane O'Kelly in prepared remarks.

Advance Auto's stock jumps after company agrees of sale of Worldpac business to Carlyle for $1.5 billion in cash

Private equity firm Carlyle Group will buy Advance Auto Parts' Worldpac unit for $1.5 billion, Bloomberg News reported on Thursday.

Carlyle Group to buy Advance Auto Parts' Worldpac unit for $1.5 bln, Bloomberg News reports

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 it has entered into a definitive agreement to sell Worldpac, Inc., an automotive parts wholesale distribution business, to funds managed by global investment firm Carlyle (NASDAQ: CG) for $1.5 billion in cash. The transaction is expected to close before the end of the year. “We.

Advance Auto Parts Announces Sale of Worldpac to Carlyle for $1.5 Billion

Advance Auto Parts, Inc. AAP is set to release earnings results for its second quarter, before the opening bell on Thursday, Aug. 22.

Advance Auto Parts Earnings Are Imminent; 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 June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Wall Street's Insights Into Key Metrics Ahead of Advance Auto Parts (AAP) Q2 Earnings

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.

Earnings Preview: Advance Auto Parts (AAP) Q2 Earnings Expected to Decline

Advance Auto Parts lost 44.1% of its value due to dividend cuts, poor financial performance, and competition. The company is selling non-core assets to address debt issues and improve operational efficiency under new management, which has already released a promising guidance. Industry trends and potential catalysts, along with historically low valuations, present an opportunity for investors to buy into the fear.

Advance Auto Parts: Value Over Everything

RALEIGH, N.C.--(BUSINESS WIRE)-- #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 its second quarter 2024 results before the market opens on Thursday, August 22, 2024. Interested parties can listen to the event via a webcast scheduled to begin at 8:00 a.m. Eastern Time on Thursday, August 22, 2024. The webcast will be accessible via the company's Investor Relat.

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

OKLAHOMA CITY, July 12, 2024 (GLOBE NEWSWIRE) -- Murphy Law Firm is investigating claims on behalf of all individuals whose personal and confidential information was compromised in the data breach involving Advance Auto Parts. On May 23, 2024, Advance Auto Parts detected suspicious activity on its computer network, indicating a data breach.

Advance Auto Parts Data Breach Exposes Personal Information: Murphy Law Firm Investigates Legal Claims

Advance Auto Parts (AAP) reported earnings 30 days ago. What's next for the stock?

Why Is Advance Auto Parts (AAP) Down 6.4% Since Last Earnings Report?

Advance Auto Parts is an incredible turnaround opportunity with a new leadership team and key upcoming catalysts like the sale of Worldpac. The company aims to unify its supply chain network to drive efficiency and cost savings, positioning itself for long-term success. AAP benefits from cyclical tailwinds in the aftermarket auto parts industry and aims to restore margin structure for significant growth potential.

Advance Auto Parts: Rock-Bottom Valuation With Massive Upcoming Catalyst, Strong Buy

Investors need to pay close attention to Advance Auto Parts (AAP) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Advance Auto Parts (AAP) Stock?

PayPal

PayPal's free cash flow is down over the last five years, and that's a problem that a new business venture might solve. Advance Auto Parts made a mistake in 2013.

These 2 Businesses Need Turnarounds. But Each Has a Potential Catalyst Coming That Could Send Shares Soaring.

Whirlpool

Boyd Gaming

Chegg

Winnebago

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Top 5 Consumer Stocks Which Could Rescue Your Portfolio This Month - Whirlpool (NYSE:WHR)

Management at Advance Auto Parts Inc. NYSE: AAP is looking to reinvent itself this year, or at least that's what the first quarter 2024 earnings results suggest. The company aims to compete with the likes of O'Reilly Automotive Inc. NASDAQ: ORLY and even AutoZone Inc. NYSE: AZO.

Advance Auto Parts Pivots Strategy to Compete with Rivals

RALEIGH, N.C.--(BUSINESS WIRE)---- $AAP #AAP--In the first table, labeled "Full Year 2024 Guidance," the figure under the "High" column for "Net Sales" should read 11,400 (instead of 11,500). Additionally, footnote one in the Adjusted Debt to Adjusted EBITDAR has been updated to add clarification. The updated release reads: ADVANCE AUTO PARTS REPORTS FIRST QUARTER 2024 RESULTS Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional.

CORRECTING and REPLACING Advance Auto Parts Reports First Quarter 2024 Results

Advance Auto (AAP) reports lower-than-expected first-quarter results and expects 2024 net sales in the band of $11.30-$11.50 billion, up from the prior estimate of $11.30-$11.40 billion.

Advance Auto (AAP) Q1 Earnings Miss Estimates, Decline Y/Y

Advance Auto Parts continues to see a decline in sales and a slip in profit margins. New management believes it can fix supply-chain inefficiencies and sell a noncore brand, which are ongoing points of optimism.

Why Advance Auto Parts Stock Plunged Today

Advance Auto Parts, Inc. (NYSE:AAP ) Q1 2024 Earnings Call Transcript May 29, 2024 8:00 AM ET Company Participants Elisabeth Eisleben - SVP, Communications and IR Shane O'Kelly - President and CEO Ryan Grimsland - EVP and CFO Tony Iskander - Treasurer Conference Call Participants Bret Jordan - Jefferies Michael Lasser - UBS Simeon Gutman - Morgan Stanley Greg Melich - Evercore ISI Scot Ciccarelli - Truist Christian Carlino - JPMorgan Zach Fadem - Wells Fargo Aaron Reed - Northcoast Research Rene Marin - Guggenheim Partners Max Rakhlenko - TD Securities Chris Bottiglieri - BNP Paribas Seth Sigman - Barclays Operator Welcome to the Advance Auto Parts First Quarter 2024 conference call. Before we begin, Elisabeth Eisleben, Senior Vice President, Communications and Investor Relations will make a brief statement concerning forward-looking statements that will be discussed on this call.

Advance Auto Parts, Inc. (AAP) Q1 2024 Earnings Call Transcript

The headline numbers for Advance Auto Parts (AAP) give insight into how the company performed in the quarter ended March 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) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

‘We saw negative impact from weather, coupled with a challenged consumer,” Chief Executive Shane O'Kelly said on the company's earnings call.

News for Advance Auto Parts Stock (AAP)