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Advance Auto Parts, Inc. reports developments for an automotive aftermarket parts retailer serving professional installers and do-it-yourself customers in North America. Company news commonly covers quarterly earnings, full-year guidance, comparable-store sales, operating-margin initiatives, store and distribution activity, and execution of its retail-focused strategic plan.
Updates also address customer programs such as Advance Rewards, the Carquest independent-store network, board appointments, investor conference appearances, and brand marketing partnerships. The company operates primarily in the United States with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands, and serves Carquest-branded stores across Mexico and Caribbean markets.
Advance Auto Parts (NYSE:AAP) reported second quarter 2026 net sales of $2.0 billion, roughly flat year-over-year, with comparable store sales down 0.5%. Pro channel sales grew low single digits, while DIY demand weakened late in the quarter amid tighter household budgets.
Gross profit rose to $923 million, with margin expanding to 46.2% of sales (43.5% in Q2 2025), aided by product margin initiatives and $26 million of tariff refunds. Adjusted operating income increased to $112 million, or 5.6% of sales, up from $61 million, or 3.0%, driving adjusted EPS to $1.03 versus $0.69.
The company returned to positive year-to-date free cash flow, repurchased about $30 million of debt, and reduced net leverage to 2.1x from 2.4x in Q1. Management reaffirmed 2026 guidance for net sales, comparable sales, adjusted operating margin, capex and free cash flow, and raised adjusted EPS guidance to $2.60–$3.30. Store opening plans were reduced to 30–35 from 40–45, while market hub openings increased to 15–20.
Advance Auto Parts (NYSE: AAP) will release its second quarter 2026 financial results before the market opens on Thursday, August 20, 2026. On the same day, the company will host a conference call and webcast beginning at 8:00 a.m. ET to discuss the results.
A live webcast and a one-year replay will be available on the company’s Investor Relations website. Phone participants must pre-register online to receive dial-in details, passcode information, and a registrant ID for the call.
Advance Auto Parts (NYSE: AAP) is urging drivers in the Northeast and Midwest to check and replace their cabin air filters as wildfire smoke worsens regional air quality. According to the company, national survey data show that half of U.S. drivers do not know their vehicle has a cabin air filter, and 54% have never replaced it.
The company highlights that cabin filters trap smoke, pollen and pollutants entering through the HVAC system, but clogged filters reduce protection. Survey findings show 71% of allergy sufferers change home filters every 90 days, while only 51% have ever replaced a car cabin filter; 68% care about in-car air quality, and 55% spend 4+ hours weekly in vehicles. Advance Auto Parts advises locating, inspecting and replacing filters every 12,000–15,000 miles or annually, using recirculation mode during heavy smoke, and notes it stocks cabin air filters for all vehicle makes and models.
Advance Auto Parts (NYSE:AAP) and OneRail announced an expanded partnership to broaden use of OneRail’s delivery orchestration platform for same-day fulfillment across Advance’s store network.
The collaboration supports supply chain modernization, inventory availability, market hubs and store-based fulfillment, coordinating internal fleet and third-party delivery providers across more than 4,000 locations.
Advance Auto Parts (NYSE:AAP) launched its new “Good Parts” brand campaign, highlighting American motorists’ life moments and the company’s role in keeping them on the road.
The multi-channel effort features a 60-second nostalgic video, real motorists, in-store signage, a new jingle and a NASCAR paint scheme debuting May 31, 2026.
Advance Auto Parts (NYSE:AAP) reported Q1 2026 results and reaffirmed full-year 2026 guidance. Net sales were $2.6 billion, flat year-over-year, while comparable sales rose 3.5%, the best performance in five years.
Gross margin improved to 45.1%, adjusted operating margin reached 3.8% (up 410 bps). Diluted EPS was $0.39 and adjusted diluted EPS $0.77. The company declared a $0.25 quarterly dividend and guided 2026 net sales of $8.485–$8.575 billion and adjusted EPS of $2.40–$3.10.
Advance Auto Parts (NYSE:AAP) will report first quarter 2026 financial results before market open on Thursday, May 21, 2026. A conference call and webcast will begin at 8:00 a.m. ET the same day. A replay will be available on the company Investor Relations website for one year.
Phone participants must pre-register online to receive dial-in, passcode and registrant ID details.
Advance Auto Parts (NYSE: AAP) will feature a full Advance paint scheme on Team Penske’s No. 12 Ford Mustang driven by Ryan Blaney at four 2026 NASCAR Cup Series races.
The Advance livery appears at Martinsville (March 29), Nashville (May 31), Daytona (Aug. 29) and Talladega (Oct. 25); Blaney will also appear at local Advance stores. The partnership enters its seventh season as Team Penske marks its 60th anniversary.
Advance Auto Parts (NYSE: AAP) appointed Cynthia Jamison to its Board of Directors effective March 10, 2026. Jamison brings extensive retail and finance leadership, including prior CFO roles and multiple public-company board chairs. The board and CEO highlighted her retail operations and governance experience as supportive of the company’s strategic plan.
Advance Auto Parts (NYSE: AAP) will present at the 2026 UBS Global Consumer and Retail Conference on Wednesday, March 11, 2026 at 11:00 a.m. ET. Shane O'Kelly, President and CEO, and Ryan Grimsland, EVP and CFO, will speak. The presentation will be webcast live and a replay will be available on the company Investor Relations website.