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Advance Auto Parts, Inc. - $AAP STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Advance Auto Parts's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Advance Auto Parts's position in the market.

Rhea-AI Summary

Advance Auto Parts (NYSE: AAP) has launched its 'Check Your Battery, Not Your Bag' campaign to address increasing consumer frustration with air travel this summer. A recent survey by Atomik Research showed 67% of Americans experienced negative air travel impacts in the last year, prompting 70% to prefer road trips over flying. Beginning on National Road Trip Day, May 24, Advance will offer free gift cards for road trip essentials and curbside services like battery testing and installation. The campaign aims to ensure vehicle readiness, encouraging travelers to prepare with a pre-road trip checklist available on their website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.66%
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Rhea-AI Summary

Advance Auto Parts, Inc. (NYSE: AAP) will release its first quarter 2024 earnings report on May 29, 2024. The webcast will start at 8:00 a.m. Eastern Time. Interested parties can access the event through the company's Investor Relations website or by phone with pre-registration. A replay will be available for one year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
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Rhea-AI Summary

Advance Auto Parts, a key player in the automotive aftermarket industry, is providing its Speed Perks loyalty rewards members with the chance to win a motorsports experience attending the Indianapolis 500 and Coca-Cola 600 races. This once-in-a-lifetime opportunity allows fans to 'Do the Double' by witnessing two iconic races in a single day. Tony Stewart, a NASCAR legend and Advance brand partner, is the ambassador for the program, underscoring the significance of this unique experience. Advance Auto Parts aims to create lasting memories for racing enthusiasts through this exclusive initiative.

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Rhea-AI Sentiment
End-of-Day
2.59%
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conferences
Rhea-AI Summary
Baum Family Investments (BFI) enters the real estate investment landscape with a $250 million acquisition goal. Led by Aaron Baum, the company aims to acquire high-quality real estate leased to national tenants on long-term net leases. BFI's portfolio includes properties leased to esteemed tenants like CVS, Darden, Advanced Auto Parts, and Bridgestone. With a pipeline exceeding $100 million, BFI plans to close over $10 million within the next thirty days.
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Rhea-AI Sentiment
End-of-Day
-1.88%
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Advance Auto Parts (AAP) appoints three new independent directors to the board in cooperation with Third Point LLC and Saddle Point Management L.P. to drive profitable growth and create long-term shareholder value.
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Rhea-AI Sentiment
End-of-Day
3.58%
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management
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Rhea-AI Summary
Advance Auto Parts, Inc. reported financial results for Q4 and full year 2023, highlighting a decrease in net sales and gross profit. The company's operating income also declined, resulting in a diluted loss per share. The company aims to drive shareholder value through operational improvements and cost reductions in 2024.
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Rhea-AI Sentiment
End-of-Day
2.58%
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Advance Auto Parts, Inc. (AAP) will release its Q4 and full year 2023 results on February 28, 2024. The event can be accessed via webcast or phone. Registration is recommended in advance for call participation.
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Rhea-AI Sentiment
End-of-Day
0.61%
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Rhea-AI Summary
A recent survey highlights that 91% of motorists have faced dead battery issues, with 63% not considering it a serious problem. This data sheds light on the common occurrence of battery-related car troubles among drivers.
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-0.26%
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The Advance Auto Parts Foundation (AAPF) has announced gifts totaling $1.75 million to nonprofit organizations supporting women veterans, injured veterans, and veterans at risk for suicide. The gifts were made possible by donations from over 100 Advance Auto Parts supplier partners. This is the second year AAPF has made gifts to these organizations, totaling $3.75 million during that time. The gifts will support critical needs within the veteran community, including meaningful employment, appropriate housing, and mental health care. Hire Heroes USA, Building Homes for Heroes, and Stop Soldier Suicide are among the organizations receiving the gifts, with specific programs and initiatives being funded to provide support for veterans in need. The president of Advance Auto Parts Foundation, Elisabeth Eisleben, expressed pride in the partnership with suppliers to support the veteran community and emphasized the life-changing impact these gifts will have on deserving veterans across the U.S.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.9%
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Advance Auto Parts, Inc. (NYSE: AAP) appoints Elizabeth Dreyer as senior vice president, controller, and chief accounting officer. Dreyer brings 30 years of accounting and finance experience to the role, having served in similar capacities at public companies like Amyris, Inc., Travel + Leisure Co., and Energizer Holdings. She will be responsible for enterprise-wide accounting operations, tax, external financial reporting, and compliance.
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Rhea-AI Sentiment
End-of-Day
1.7%
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Advance Auto Parts, Inc.

NYSE:AAP

AAP Rankings

AAP Stock Data

4.15B
55.45M
0.98%
102.75%
7.31%
Automotive Parts and Accessories Stores
Retail Trade
Link
United States of America
RALEIGH

About AAP

founded in roanoke, va in 1932, advance auto parts is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. our family of companies operate more than 5,100 stores across the united states, canada, puerto rico and the virgin islands under four brands, advance auto parts, carquest auto parts, worldpac and autopart international. when you join our team, you become one of more than 70,000 knowledgeable and experienced team members who are proud to provide outstanding service to our customers, communities and each other every day. at advance, we know our people make the biggest difference in our customers’ service experience. from opportunities in our stores to our rapidly growing business to professional installers to distribution centers and corporate store support, we have a career for you. with our nationwide presence, helpful advice and access to thousands of parts, advance is proud to keep advancing a world in motion for