About AAP
Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company offers battery accessories; belts and hoses; brakes and brake pads; chassis and climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts. It also offers... [Read more]
Industry Specialty Retail
Sector Consumer Discretionary
Founded 1929
Employees 69,000
Stock Exchange NYSE
Ticker Symbol AAP
Full Company Profile
Financial Performance
In 2023, AAP's revenue was $11.29 billion, an increase of 1.19% compared to the previous year's $11.15 billion. Earnings were $29.74 million, a decrease of -93.60%.
Financial Statements
Analyst Forecast
According to 15 analysts, the average rating for AAP stock is "Hold." The 12-month stock price forecast is $63.21, which is an increase of 2.08% from the latest price.
Price Target
$63.21
(2.08% upside)
Analyst Consensus: Hold
Stock Forecasts
News
Advance Auto Parts: Value Over Everything
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 effi...
19 days ago - Seeking Alpha
Advance Auto Parts Announces Date for Second Quarter 2024 Earnings Release and Conference Call
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-yoursel...
20 days ago - Business Wire
Advance Auto PartsData Breach Exposes Personal Information: Murphy Law Firm Investigates Legal Claims
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 inv...
5 weeks ago - GlobeNewsWire
Advance Auto Parts: Rock-Bottom Valuation With Massive Upcoming Catalyst, Strong Buy
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 ...
2 months ago - Seeking Alpha
Top 5 Consumer Stocks Which Could Rescue Your Portfolio This Month - Whirlpool (NYSE:WHR)
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
Other symbols: WHRBYDCHGGWGO
2 months ago - Benzinga
CORRECTING and REPLACING Advance Auto Parts Reports First Quarter 2024 Results
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). Addition...
3 months ago - Business Wire
Advance Auto Parts, Inc. (AAP) Q1 2024 Earnings Call Transcript
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 Rya...
3 months ago - Seeking Alpha
Advance Auto Parts Stock Falls After Earnings Report. It's Raised Outlook Isn't Enough.
‘We saw negative impact from weather, coupled with a challenged consumer,” Chief Executive Shane O'Kelly said on the company's earnings call.
3 months ago - Barrons
Advance Auto Parts Reports First Quarter 2024 Results
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-y...
3 months ago - Business Wire
Three buys and a bail: Abercrombie, Chewy, Dick's Sporting Goods, Advance Auto Parts
Gina Sanchez, chief market strategist at Lido Advisors, joins CNBC's 'The Exchange' to discuss four stocks: Abercrombie, Chewy, Dick's, and Advanced Auto.
Other symbols: ANFCHWYDKS
3 months ago - CNBC Television
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)--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 trav...
3 months ago - Business Wire
Advance Auto Parts Announces Date for Its First Quarter 2024 Earnings Release and Conference Call
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-y...
3 months ago - Business Wire
Third Point, Saddle Point win board seats at Advance Auto Parts. A plan to improve margins may unfold
The two activists recently picked up three board seats at the auto parts retailer.
4 months ago - CNBC
'Predator's Ball' Stock Market (And Sentiment Results)
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.
Other symbols: CCIDISMMMVFC
5 months ago - Seeking Alpha
Advance Auto Parts Gains as Activist Hedge Fund Third Point Takes Stake, Adds Directors
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 ...
5 months ago - Investopedia
Advance Auto Parts to add 3 new directors after Dan Loeb's firm takes stake
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.
5 months ago - New York Post
Advance Auto Parts Appoints Three New Independent Directors
RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts appoints three new Independent Directors.
5 months ago - Business Wire
Activist Third Point nears deal with Advance Auto Parts for three board seats
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...
5 months ago - CNBC
Advance Auto Parts Nears Settlement With Activist Third Point
The company that will add three new directors to its board.
5 months ago - WSJ
Advance Auto Parts: Beneficial 2024 Guidance, Potential Sale Of Assets, And Undervalued
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 ...
6 months ago - Seeking Alpha
Advance Auto Parts Stock Jumps After Better-Than-Expected Profit Guidance
Advance Auto Parts (AAP) posted a surprise fourth-quarter loss, but its earnings outlook sent shares higher on Wednesday.
6 months ago - Investopedia
Advance Auto Parts, Inc. (AAP) Q4 2023 Earnings Call Transcript
Advance Auto Parts, Inc. (AAP) Q4 2023 Earnings Call Transcript
6 months ago - Seeking Alpha
Advance Auto's stock rises after upbeat guidance for 2024 offsets quarterly loss
Advance Auto Parts Inc.'s stock jumped 7.5% early Wednesday, after the car parts maker's upbeat profit guidance weighed against a quarterly loss as it continues to overhaul its business and rein in co...
6 months ago - Market Watch
Advance Auto Parts Stock Rises. This Is Driving It Higher.
The car-parts company reports a fourth-quarter loss of 59 cents a share, while Wall Street expected earnings of 21 cents.
6 months ago - Barrons
Advance Auto Parts Reports Fourth Quarter and Full Year 2023 Results
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-...
6 months ago - Business Wire
