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 Q4 2020

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

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.

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.

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.

Advance Auto Parts Stock Falls After Earnings Report. It's Raised Outlook Isn't Enough.

Advance Auto Parts (AAP) came out with quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.72 per share a year ago.

Advance Auto Parts (AAP) Q1 Earnings and Revenues Miss Estimates

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 first quarter ended April 20, 2024. “Our team continues to execute against our decisive actions, including commencing our supply chain consolidation and making meaningful progress toward the potential sale of Worldpac,” said Shane O'Kelly, president and.

Advance Auto Parts Reports First Quarter 2024 Results

Lingering inflation and elevated interest rates have taken a toll on car sales. This dynamic benefits retailers of automotive equipment and maintenance providers.

Forget Carvana: Billionaire Investor Dan Loeb Just Bought This Other Inflation-Proof Car Stock Instead

Besides Wall Street's top -and-bottom-line estimates for Advance Auto Parts (AAP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Seeking Clues to Advance Auto Parts (AAP) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics

RALEIGH, N.C.--(BUSINESS WIRE)--Americans seem to be hitting a breaking point with air travel, with 67 percent saying they've had a trip negatively impacted or ruined because of problems with air travel during the last 12 months,* according to new data from Atomik Research, released today by Advance Auto Parts (NYSE: AAP), a leading automotive aftermarket parts provider. From losing precious time – 44 percent citing that delays and other problems traveling by air has cost them vacation time – t.

Enough is Enough! Advance Auto Parts Survey Reveals More Americans will Hit the Road this Summer Due to Air Travel Stress, Safety Concerns

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 results before the market opens on Wednesday, May 29, 2024. Interested parties can listen to the event via a webcast scheduled to begin at 8:00 a.m. Eastern Time on Wednesday, May 29, 2024. The webcast will be accessible via the company's Investor Relations websit.

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

The two activists recently picked up three board seats at the auto parts retailer.

Third Point, Saddle Point win board seats at Advance Auto Parts. A plan to improve margins may unfold

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

Advance Auto Parts (AAP) Up 26% Since Last Earnings Report: Can It Continue?

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Advance Auto (AAP) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How Advance Auto (AAP) Stock Stands Out in a Strong Industry

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Third Point gains activist stake in Advance Auto Parts, causing the stock to jump. Those who buy high-quality assets at low prices benefit when billionaire activists enter the same companies.

'Predator's Ball' Stock Market (And Sentiment Results)

Automotive aftermarket parts provider Advance Auto Parts Inc.'s (AAP) shares rose 4% in early trading on Tuesday after Dan Loeb's activist hedge fund Third Point LLC disclosed a stake and added three new directors to its board on Monday.

Advance Auto Parts Gains as Activist Hedge Fund Third Point Takes Stake, Adds Directors

The board refreshment comes only six months after the company picked Shane O'Kelly, a former US Army captain who had held senior roles at Home Depot, to replace Tom Greco as chief executive.

Advance Auto Parts to add 3 new directors after Dan Loeb's firm takes stake

RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts appoints three new Independent Directors.

Advance Auto Parts Appoints Three New Independent Directors

Dan Loeb's Third Point and activist Saddle Point have a stake in Advance Auto Parts and reached a settlement with the company that will give the activists three board seats. Tom Seboldt, Gregory Smith and Brent Windom will join Advance's board effective immediately.

Activist Third Point nears deal with Advance Auto Parts for three board seats

The company that will add three new directors to its board.

Advance Auto Parts Nears Settlement With Activist Third Point

Advance Auto Parts delivers beneficial guidance for 2024, including a reduction in costs and optimization of financial accounting. The potential sale of Worldpac and the Canadian business may enhance the balance sheet and bring in cash. Dividend growth, along with positive market expectations, may attract investor attention.

Advance Auto Parts: Beneficial 2024 Guidance, Potential Sale Of Assets, And Undervalued

Advance Auto (AAP) reports lower-than-expected fourth-quarter results and expects 2024 net sales in the band of $11.30-$11.40 billion, up from $11.29 billion reported in 2023.

Advance Auto (AAP) Q4 Earnings & Revenues Miss Estimates

Advance Auto Parts (AAP) posted a surprise fourth-quarter loss, but its earnings outlook sent shares higher on Wednesday.

News for Advance Auto Parts Stock (AAP)