Welcome to our dedicated page for Advance Auto Parts news (Ticker: AAP), a resource for investors and traders seeking the latest updates and insights on Advance Auto Parts stock.
Advance Auto Parts Inc (AAP) delivers essential automotive solutions through its network of retail stores and digital platforms, serving professional installers and DIY customers across North America. This news hub provides investors and industry professionals with timely updates on corporate developments shaping the automotive aftermarket sector.
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The page features verified press releases alongside third-party analysis covering supply chain enhancements, leadership updates, and industry trend responses. Content is rigorously vetted to maintain relevance for both retail investors and institutional analysts.
Bookmark this page for streamlined access to Advance Auto Parts' latest communications. Check regularly for updates on inventory expansions, technological integrations, and other developments critical to understanding AAP's role in the evolving automotive repair ecosystem.
Advance Auto Parts (NYSE:AAP) reported its Q2 2025 financial results, marking a return to profitability. The company achieved net sales of $2.0 billion and a slight comparable store sales increase of 0.1%. Q2 2025 operating income was $22 million, with adjusted operating income at $61 million.
The company completed a $1.95 billion senior notes offering and entered a new $1.0 billion asset-backed revolving credit facility. AAP declared a regular cash dividend of $0.25 per share and maintained its full-year 2025 guidance for sales and operating margin, while revising adjusted EPS guidance due to higher interest expenses from the recent debt offering.
Advance Auto Parts (NYSE: AAP) has successfully priced an upsized offering of $1.95 billion in senior notes, split between $975 million in 2030 notes at 7.000% interest and $975 million in 2033 notes at 7.375% interest.
The company plans to establish a new $1 billion asset-based loan (ABL) facility with an uncommitted accordion feature. The proceeds will be used to redeem outstanding 5.90% Senior Notes due 2026 and for general corporate purposes. A portion of the proceeds, along with cash on hand, will contribute to the ABL facility's initial borrowing base, not exceeding $2.5 billion.
The notes offering is expected to close around August 4, 2025, subject to customary conditions.
Advance Auto Parts (NYSE: AAP), a leading North American automotive aftermarket parts provider, has scheduled its second quarter 2025 earnings release and conference call. The company will release financial results for the quarter ended July 12, 2025, before market opens on Thursday, August 14, 2025.
The conference call and webcast will begin at 8:00 a.m. ET on the same day. Investors can access the live webcast through the company's Investor Relations website, while those joining by phone must pre-register online to receive dial-in details. A replay will be available on the IR website for one year.
Advance Auto Parts (NYSE: AAP) has released preliminary financial highlights for Q2 2025, showing signs of progress in their turnaround efforts. The company expects net sales between $1.98-2.00 billion with comparable store sales growth of 0.0% to +0.1% and adjusted operating income margin of 2.8% to 3.0%.
The company announced proactive debt financing initiatives aimed at maintaining financial flexibility. Management is working with banking partners to establish a revised debt structure, including an asset-backed revolving loan facility and supply chain financing program, with the goal of regaining an investment grade credit rating.
Advance Auto Parts (NYSE: AAP) has announced a proposed offering of $1.5 billion in senior unsecured notes in two tranches, due 2030 and 2033. The company also plans to establish a new $1 billion asset-based loan (ABL) revolving credit facility with a five-year term.
The proceeds will be used to redeem all outstanding 5.90% Senior Notes due 2026 and for general corporate purposes. Additionally, a portion of the proceeds, along with cash on hand, will contribute to the initial ABL facility borrowing base, not exceeding $2.5 billion. The notes will be offered exclusively to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S.
Advance Auto Parts (NYSE: AAP), a leading automotive aftermarket parts provider in North America, has scheduled its first quarter 2025 earnings release and conference call. The company will announce its financial results for the quarter ended April 19, 2025, before market opening on Thursday, May 22, 2025.
The conference call and webcast will begin at 8:00 a.m. ET on the same day. Interested participants can access the live webcast through the company's Investor Relations website and must pre-register online to receive dial-in information and passcode. A replay will be available on the IR website for one year.
Advance Auto Parts (NYSE: AAP) has completed its store closure phase and is entering a growth phase, announcing plans to open 30 new locations in 2025 and at least 100 additional locations through 2027. The company has already opened six new stores in Florida, New Jersey, Tennessee and Virginia this year.
The optimization has resulted in over 75% of stores now holding #1 or #2 market positions based on store density. The expansion includes larger 'market hubs' carrying 75,000-85,000 SKUs, significantly more than typical stores' 20,000-25,000 SKUs, enabling improved same-day delivery service.
The company is also investing in enhancing customer experience through IT infrastructure, equipment, store repairs, improved inventory, delivery systems, and additional team member training.
Advance Auto Parts (NYSE: AAP) reported Q4 and full year 2024 results, showing challenging performance metrics. Q4 net sales decreased 0.9% to $2.0 billion, with comparable store sales declining 1.0%. The company reported a Q4 operating loss of $820.0 million and adjusted loss per share of $1.18.
Full year 2024 results included net sales of $9.1 billion (down 1.2% YoY), with comparable store sales decreasing 0.7%. The company reported a full-year operating loss of $713.3 million and adjusted loss per share of $0.29.
The company announced a strategic restructuring plan including: closure of over 500 corporate locations, consolidation to 12 large distribution centers by end-2026, opening of 60 market hub locations by mid-2027, and focus on merchandising excellence. AAP declared a quarterly dividend of $0.25 per share, payable April 25, 2025.
Advance Auto Parts (NYSE: AAP) has appointed Jeff Vining as executive vice president, general counsel and corporate secretary, effective March 2, 2025. Vining will oversee the company's legal, corporate governance, and compliance functions, reporting directly to CEO Shane O'Kelly.
The appointment follows the retirement of Tammy Finley, who served the company for 27 years in legal, human resources, and communications roles. Finley will remain in an advisory capacity to support the transition.
Vining brings over 20 years of legal expertise in publicly traded companies, most recently serving as general counsel at Unifi. Previously, at Lowe's Companies, he managed litigation, complex transactions, compliance, and enterprise risk management, leading a team of more than 75 professionals.
Advance Auto Parts (NYSE: AAP) has announced it will release its fourth quarter and full year 2024 financial results on Wednesday, February 26, 2025, before market opening. The automotive aftermarket parts provider will host a conference call and webcast at 8:00 a.m. ET on the same day.
Interested participants can access the live webcast through the company's Investor Relations website and must pre-register online to receive dial-in information and passcode. A replay of both the conference call and webcast will be available on the company's IR website for one year.
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