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.

LOS ANGELES, CA / ACCESSWIRE / December 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Advance Auto Parts, Inc. ("Advance Auto Parts" or "the Company") (NYSE:AAP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 16, 2022 and May 30, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before December 8, 2023.

FINAL DEADLINE IMMNENT: The Schall Law Firm Encourages Investors in Advance Auto Parts, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 30, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Advance Auto Parts, Inc. ("Advance Auto Parts" or "the Company") (NYSE:AAP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 16, 2022 and May 30, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before December 8, 2023.

DECEMBER 8 FINAL DEADLINE: The Schall Law Firm Encourages Investors in Advance Auto Parts, Inc. with Losses of $100,000 to Contact the Firm

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in Advance Auto Parts, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK , Nov. 28, 2023 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Advance Auto Parts, Inc. ("AAP" or the "Company") (NYSE: AAP) and certain officers.   The class action, filed in the United States District Court for the Eastern District of North Carolina, Western Division, and docketed under 23-cv-611, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired AAP securities between November 16, 2022 and May 30, 2023, inclusive (the "Class Period"), against AAP and certain of its officers and/or directors for violations of the Securities Exchange Act of 1934 (the "1934 Act" or the "Exchange Act")).

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Advance Auto Parts, Inc. of Class Action Lawsuit and Upcoming Deadline- AAP

LOS ANGELES, CA / ACCESSWIRE / November 28, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Advance Auto Parts, Inc. ("Advance Auto Parts" or "the Company") (NYSE:AAP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 16, 2022 and May 30, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before December 8, 2023.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Advance Auto Parts, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK , Nov. 27, 2023 /PRNewswire/ -- Attention Advance Auto Parts, Inc. ("AAP") (NYSE: AAP) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between November 16, 2022 and May 30, 2023. If you suffered a loss on your investment in AAP, contact us about potential recovery by using the link below.

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind AAP Investors of a Lead Plaintiff Deadline of December 8, 2023

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Although Advance Auto (AAP) is currently trading near its 52-week low with a plan of action in place, it's not worth buying the stock now, given various near-term headwinds.

Why Advance Auto (AAP) Stock Is Not a Buy Despite Bargain Price

Aftermarket auto parts retailer Advanced Auto Parts Inc. NYSE: AAP has dramatically underperformed its Auto/Tires/Trucks sector peers. Its shares are trading down 66.8% year-to-date (YTD) compared to O'Reilly Automotive Inc. NASDAQ: ORLY shares trading up 15.2% and AutoZone Inc. NYSE: AZO trading up 8.1% YTD.

Advanced Auto Parts may be worth more in pieces than the whole

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LOS ANGELES, CA / ACCESSWIRE / November 20, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Advance Auto Parts, Inc. ("Advance Auto Parts" or "the Company") (NYSE:AAP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 16, 2022 and May 30, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before December 8, 2023.

INVESTOR DEADLINE NOTICE: The Schall Law Firm Encourages Investors in Advance Auto Parts, Inc. with Losses of $100,000 to Contact the Firm

NEW YORK , Nov. 18, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Advance Auto Parts, Inc. (NYSE: AAP) between November 16, 2022 and May 30, 2023, both dates inclusive (the "Class Period"), of the important December 8, 2023 lead plaintiff deadline. SO WHAT: If you purchased Advance Auto securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, NATIONAL TRIAL LAWYERS, Encourages Advance Auto Parts, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - AAP

Advance Auto Parts slashed its earnings guidance again and flipped from a profit to a loss. Further, the auto parts provider's "strategic review" update was underwhelming.

Advance Auto Parts Stock: Buy, Sell, or Hold?

LOS ANGELES, CA / ACCESSWIRE / November 17, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Advance Auto Parts, Inc. ("Advance Auto Parts" or "the Company") (NYSE:AAP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 16, 2022 and May 30, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before December 8, 2023.

IMPORTANT INVESTOR NOTICE: The Schall Law Firm Encourages Investors in Advance Auto Parts, Inc. with Losses of $100,000 to Contact the Firm

The company's turnaround, which has been under way since before the pandemic, has seen roadblocks.

Advance Auto's Big Changes Could Drive a Stock Turnaround—or It Could Be a Value Trap

Advance Auto Parts layoffs (NYSE: AAP ) are the talk of Wall Street lately after the retail chain announced it will eliminate roughly 400 positions at it's third-quarter earnings report on Wednesday. Indeed, AAP stock is down about 7.5% at the time of writing as the formerly profitable car parts company struggles to reconcile falling revenue.

Advance Auto Parts Layoffs 2023: What to Know About the Latest AAP Job Cuts

Advance Auto Parts Inc (NYSE: AAP) has lost an alarming 65% already over the past nine months but a Bank of America analyst says the free fall may not be over just yet.

Should you buy Advance Auto Parts stock on post-earnings decline?

Hundreds of U.S. companies have slashed their workforces this year, including Amazon, Google, Meta and Disney.

2023 Layoff Tracker: Advance Auto Parts Cuts 400 Employees

LOS ANGELES, CA / ACCESSWIRE / November 16, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Advance Auto Parts, Inc. ("Advance Auto Parts" or "the Company") (NYSE:AAP) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between November 16, 2022 and May 30, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before December 8, 2023.

INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in Advance Auto Parts, Inc. with Losses of $100,000 to Contact the Firm

For full-year 2023, Advance Auto (AAP) now estimates net sales in the band of $11.25-$11.30 billion compared with the previously guided range of $11.25-$11.35 billion.

Advance Auto (AAP) Q3 Earnings Miss Estimates, Sales Beat

Advance Auto Parts, Inc. (NYSE:AAP) said it is taking “decisive action” to position itself for long-term success and create meaningful value for shareholders after swinging to a surprise third-quarter loss. In a statement, recently appointed CEO Shane O'Kelly commented: “Since joining Advance, I have partnered with the board and management team to move with speed in conducting a comprehensive review of the business.

Advance Auto Parts reports mixed 3Q; slashes FY earnings guidance after surprise loss

Advance Auto Parts, Inc. (NYSE:AAP ) Q3 2023 Earnings Conference Call November 15, 2023 8:00 AM ET Company Participants Elisabeth Eisleben - Senior Vice President, Communications and Investor Relations Shane O'Kelly - President and Chief Executive Officer Tony Iskander - Interim Chief Financial Officer Conference Call Participants Michael Lasser - UBS Christian Carlino - JPMorgan Elizabeth Suzuki - Bank of America Merrill Lynch Steven Zaccone - Citigroup Bret Jordan - Jefferies Scot Ciccarelli - Truist Securities Jacquelyn Sussman - Morgan Stanley Chris Bottiglieri - BNP Paribas Steven Forbes - Guggenheim Partners Seth Basham - Wedbush Zachary Fadem - Wells Fargo Michael Montani - Evercore ISI Brian Nagel - Oppenheimer Operator Hello and welcome to the Advance Auto Parts' Third Quarter 2023 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) Q3 2023 Earnings Call Transcript

Although the revenue and EPS for Advance Auto Parts (AAP) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Advance Auto Parts (AAP) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Advance Auto Parts estimates fiscal-year earnings of $1.40 to $1.80 a share, well below previous guidance.

Advance Auto Parts Stock Slumps on Guidance Cut and Cost-Savings Plan

Shares of Advance Auto Parts Inc. AAP, +4.40% sank 6.5% in premarket trading Wednesday, after the auto parts seller reported a surprise large fiscal third-quarter loss and slashed its full-year outlook, while announced a cost-cutting plan aimed at saving $150 million a year. For the quarter to Oct. 7, the company swung to a loss of $48.6 million, or 82 cents a share, from net income of $115.9 million, or $1.92 a share, in the year-ago period.

News for Advance Auto Parts Stock (AAP)