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Advance Auto Parts Investor Relations

Advance Auto Parts: A Comprehensive Guide for Business Owners

Largest Automotive Aftermarket Parts Provider in North America

Advance Auto Parts, Inc. (AAP) is the leading automotive aftermarket parts provider in North America, serving both professional installers and do-it-yourselfers (DIYers).

Company Overview

Founded in 1932, Advance Auto Parts operates over 4,800 stores in the United States, Canada, Puerto Rico, and the U.S. Virgin Islands. The company offers a wide range of automotive parts, accessories, and tools, as well as repair services. Advance Auto Parts is headquartered in Raleigh, North Carolina.

Strong Financial Performance

Advance Auto Parts has a strong track record of financial performance. In 2021, the company reported net sales of $9.5 billion, a 23.4% increase over the prior year. The company's net income was $714 million, a 33.5% increase over 2020.

Comprehensive Product Offering

Advance Auto Parts offers a comprehensive product offering that includes:

  • Automotive parts and accessories
  • Tools and equipment
  • Repair services
  • Performance products
  • Racing products

Commitment to Customer Service

Advance Auto Parts is committed to providing excellent customer service. The company offers a variety of programs and services to help customers find the right parts and accessories for their vehicles, including:

  • Free in-store pickup
  • Same-day delivery
  • Online ordering
  • Technical support
  • Warranty on all parts

Conclusion

Advance Auto Parts is a leading automotive aftermarket parts provider that offers a comprehensive product offering and excellent customer service. The company's strong financial performance and commitment to innovation make it a valuable partner for both professional installers and DIYers.


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