Advance Auto Parts Stock News

RALEIGH, N.C.--(BUSINESS WIRE)--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 financial results for its fourth quarter and full year ended December 28, 2024, before the market opens on Wednesday, February 26, 2025. The company has scheduled a conference cal...

RALEIGH, N.C.--(BUSINESS WIRE)--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, presented its 2024 Vendor of the Year Award to Valvoline ™ Global during “Accelerate,” the Company's annual vendor appreciation and leadership kickoff event in Orlando, FL. This year, the Com...

Automotive parts retailer Advance Auto Parts is hoping that less is more as it moves forward with plans to shutter over 200 locations as it begins to downsize its nationwide store footprint.

Now that Goldman Sachs has warned investors about potential tail risks in the broader S&P 500 index, it would be good for investors to start looking for opportunities that offer fewer downside risks in 2025 but still carry double-digit upside. Today, investors can identify one clear theme through an in-depth analysis of the retail sector and, more importantly, trends in retail sales data numbers.

RALEIGH, N.C.--(BUSINESS WIRE)--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, today announced that it has appointed Shweta Bhatia as executive vice president and chief technology officer, effective immediately. “Shweta's history of successfully executing transformation...

RALEIGH, N.C.--(BUSINESS WIRE)--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, today announced that it has appointed Michael Beland as senior vice president, controller and chief accounting officer, effective January 5, 2025. In this role, Mr. Beland will be responsible...

The sale of Worldpac for $1.5 billion significantly strengthens AAP's balance sheet, eliminating solvency risk and providing a cash cushion worth nearly half its total market cap. AAP's restructuring plan includes closing 727 stores and reducing headcount, a difficult but necessary move to create a stronger, more profitable foundation. Management aims for 7% operating margins by FY2027, achieve...

Advance Auto Parts has lagged behind its winning peers for years.