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.

Verizon

Walgreens

Walgreens, Verizon, and Advance Auto Parts all face daunting headwinds. Shares of the three companies are down over 14% so far this year.

3 Stocks That Haven't Been This Cheap in Over a Decade

Agree Realty

American Tower

Crown Castle International

CVS Health

Dollar General

Realty Income Corp

O'Reilly Automotive

Walmart

I began writing on Seeking Alpha because I enjoy writing and because it provided me with an opportunity to share investing ideas and strategies with other like-minded investors. Today I want to continue with my “lessons learned” series. Now, whenever I decide to invest in a stock, business, or direct real estate, I always ask myself “is the thrill of victory worth the agony of defeat?"

Is The Thrill Of Victory Worth The Agony Of Defeat?

Advance Auto Parts has seriously trailed its direct peers O'Reilly and Auto Zone for years. Recently things got even worse when Advance guided earnings way down, drastically cut its dividend and the stock got cut in half. I believe, for a number of reasons, the stock is a buy here.

Advance Auto Parts: Its Mediocrity Is Unsustainable

Advance Auto Parts Inc. AAP, -1.64% said late Monday that Canada's TRC Capital Investment Corp. has made an unsolicited “mini-tender,” or less than 5% of the company's shares, offer to purchase up to 1 million shares of the auto parts retailer at $65.75 a share, or 4.4% below the closing price of the company's stock as of last Monday. That was the last trading day before the date of the offer, Advance Auto Parts said.

Advance Auto Parts gets ‘mini-tender' offer from Canadian investment company

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, has been notified that TRC Capital Investment Corporation (TRC) has made an unsolicited “mini-tender” offer to purchase up to 1,000,000 shares of Advance Auto Parts stock at $65.75 per share, or 4.43 percent below the closing price of the company's stock on July 10, 2023, the last trading day.

Advance Auto Parts Comments on TRC Capital “Mini-Tender” Offer

LOS ANGELES, CA / ACCESSWIRE / July 17, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Advance Auto Parts, Inc. ("Advance Auto Parts" or "the Company") (NYSE:AAP) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Advance Auto Parts, Inc. and Encourages Investors with Losses to Contact the Firm

Three words that should keep investors looking at the winners: cash conversion cycle.

Buy the Dip on Advance Auto Parts? 1 Number That Screams Warning Sign, and 2 Better Competitors Worth Buying Instead

Advance Auto Parts' share price has hit a five-year low, with a recent 83% dividend cut and supply shortage issues adding to investor concerns. The company is facing significant inflation related challenges on the cost side and is having limited success passing that cost on to consumers. The leadership expects these inflation pressures to persist for some time.

Behind Advance Auto Parts' Dividend Cut: What It Means For Investors

These dividend stocks could perform better during a recession.

Best Dividend Stocks to Buy: Dollar General vs. Advance Auto Parts

Advance Auto Parts is struggling with margins and competitive pricing in a high inflation environment. The company has missed revenue and EPS estimates in 4 out of the past 5 quarters. AAP aims to improve gross margins and win back customer share by optimizing inventory, becoming more price competitive, and taking a more holistic approach with strategic sourcing.

Advance Auto Parts: A Quick Recovery Won't Be Easy

Academy Sports and Outdoors

Coupang

Farfetch

Lululemon Athletica

Target

The retail sector could be facing a brighter outlook as signs of positivity have begun to emerge. The economy continues to struggle with inflation and a strong employment market.

Sanket Test – 7 Undervalued Retail Stocks to Buy in January 2023

LOS ANGELES, CA / ACCESSWIRE / July 8, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Advance Auto Parts, Inc. ("Advance Auto Parts" or "the Company") (NYSE: AAP) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Advance Auto Parts, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

Advance is underperforming its peers, and this has caused investors to move on from the stock this year. The company needs a plan to reduce expenses and improve profitability, but first management needs to find a new CEO.

Why Advance Auto Parts Stock Lost Over Half of Its Value in the First Half of 2023

Everything bad that could happen with Advance Auto Parts during 2023's first quarter, did. If investors are blaming poor management, they should welcome the upcoming CEO change.

Advance Auto Parts: Buy, Sell, or Hold?

LOS ANGELES, CA / ACCESSWIRE / July 6, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Advance Auto Parts, Inc. ("Advance Auto Parts" or "the Company") (NYSE: AAP) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Advance Auto Parts, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

Advance Auto Parts' share price is at its lowest in five years, with the company's fundamentals appearing weaker than before, leading to a justified fall in share price. AAP has cut its dividend by 83% and its buybacks have not been efficiently allocated due to the high prices at which they have been repurchased in 21/22. Despite short-term and long-term incentives for management, the company's ROIC-WACC spread is the lowest in its peer group, indicating AutoZone and O'Reilly have better long-term prospects due.

Advance Auto Parts: Better Safe Than Sorry

LOS ANGELES, CA / ACCESSWIRE / July 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Advance Auto Parts, Inc. ("Advance Auto Parts" or "the Company") (NYSE:AAP) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Advance Auto Parts, Inc. and Encourages Investors with Losses to Contact the Firm

First Republic

KeyCorp

Moderna

Pfizer

Zions Bancorp

The well's run dry for the sector thus far this year as energy prices stabilized.

Worst Stocks Of 2023's First Half: Battered Banks And Vaccine Makers

Salesforce

Enphase Energy

NVIDIA

Nvidia led the gains in both the Nasdaq 100 and the S&P 500. Salesforce led the Dow industrials.

The Stock Market's Biggest Winners and Losers for First Half of 2023

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

Advance Auto Parts (AAP) Up 0.3% Since Last Earnings Report: Can It Continue?

Apple

Amazon

Alphabet

Microsoft

The S&P 500 has risen 14.5% this year to 4,396.44, but we're actually in a bull market, with a 23% gain from the 2022 closing low of 3,577.03 on Oct. 12. (One definition of a bull market is a 20% price increase for a benchmark index.

These are the best-performing stocks in the 2023 bull market — and the worst

Ally Financial

DISH Network

Nutrien

Signet Jewelers

AT&T

The key to making profits in the markets has been to buy large-cap growth stocks, and sell value stocks. At least, that's what it seems like, when you take into account that the surge of the S&P 500 index year-to-date is largely attributable to big gains among big tech stocks.

7 Value Stocks to Dump Before They Decline Even Further

Esports Technologies

Greenlane Holdings

JOANN

Mullen Automotive

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

Top 5 Consumer Stocks That May Explode In June - Advance Auto Parts (NYSE:AAP), EBET (NASDAQ:EBET)

The U.S. has approximately 284 million vehicles in operation currently, with the average age of cars and light trucks rising again to a new record of 12.5 years, up by more than three months over the same period in 2022 according to the latest analysis from S&P Global Mobility. In addition, the ongoing rise of pickup trucks and SUVs means the number of passenger cars on the road will fall below 100 million for the first time since 1978.

Advance Auto Parts' Troubles Create Opportunity

The company's problems are its own and not part of an industry malaise. Advance Auto Parts has consistently underperformed its peers, and the numbers were there to see.

News for Advance Auto Parts Stock (AAP)