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Last $148.61 USD
Change Today +1.92 / 1.31%
Volume 1.4M
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

advance auto parts inc (AAP) Snapshot

Open
$144.82
Previous Close
$146.69
Day High
$148.74
Day Low
$143.20
52 Week High
02/11/15 - $165.00
52 Week Low
05/7/14 - $118.51
Market Cap
10.9B
Average Volume 10 Days
948.4K
EPS TTM
$7.40
Shares Outstanding
73.2M
EX-Date
03/18/15
P/E TM
20.1x
Dividend
$0.24
Dividend Yield
0.16%
Current Stock Chart for ADVANCE AUTO PARTS INC (AAP)

advance auto parts inc (AAP) Related Businessweek News

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advance auto parts inc (AAP) Details

Advance Auto Parts, Inc., through its subsidiaries, operates as a specialty retailer of automotive replacement parts, accessories, batteries, and maintenance items. It operates stores that offer brand name, original equipment manufacturer, and private label automotive products, including alternators, batteries, belts and hoses, brakes and brake pads, chassis parts, climate control parts, clutches, driveshafts, engines and engine parts, ignition parts, lighting, radiators, starters, spark plugs and wires, steering and alignment parts, transmissions, water pumps, and windshield wiper blades; accessories, such as air fresheners, automotive paint, anti-theft devices, emergency road kits, floor mats, ice scrapers, mirrors, seat and steering wheel covers, and vent shades; chemicals comprising antifreeze, brake and power steering fluid, car washes and waxes, freon, fuel additives, and windshield washer fluid; and oils, transmission fluids, and other automotive petroleum products for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company also provides battery and wiper installation, battery charging, check engine light reading, electrical system testing, video clinics, loaner tool programs, and oil and battery recycling services, as well as loaner tool programs. In addition, it sells products online. The company serves do-it-yourself, do-it-for-me, or commercial customers in the northeastern, Mid-Atlantic, and southeastern regions of the United States. As of January 3, 2015, it operated 5,261 total stores and 111 distribution branches primarily under the Advance Auto Parts, Autopart International, Carquest, and Worldpac trade names, as well as served approximately 1,325 independently-owned Carquest stores in the United States, Canada, Puerto Rico, and the U.S. Virgin Islands. The company was founded in 1929 and is headquartered in Roanoke, Virginia.

41,600 Employees
Last Reported Date: 03/3/15
Founded in 1929

advance auto parts inc (AAP) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $930.3K
President
Total Annual Compensation: $670.7K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $710.6K
Executive Vice President of Merchandising, Ma...
Total Annual Compensation: $478.4K
Senior Vice President of Business Development...
Total Annual Compensation: $330.0K
Compensation as of Fiscal Year 2014.

advance auto parts inc (AAP) Key Developments

Advance Auto Parts, Inc. Appoints Todd Greener as Senior Vice President, Supply Chain

Advance Auto Parts Inc. announced that Todd Greener has been appointed Senior Vice President, Supply Chain. Mr. Greener will lead the company’s Supply Chain function in its efforts to support Advance’s stores and customers. Mr. Greener will be instrumental in executing Advance’s system-wide supply chain integration and transportation strategy. Mr. Greener will report to Charles Tyson, Executive Vice President, Merchandising, Marketing and Supply Chain, and will be based in Raleigh, NC. Mr. Greener spent over 20 years at General Electric Company, most recently serving as General Manager, Appliance Distribution Operations within GE Appliances. He also held leadership positions within GE Transportation, GE Lighting, and GE Corporate Audit Staff.

Advance Auto Parts Inc. Plans to Open 100 to 120 New Stores in Fiscal 2015

Advance Auto Parts Inc. expects to open 100 to 120 new stores including Worldpac in fiscal 2015.

Advance Auto Parts Inc. Declares Quarterly Cash Dividend, Payable on April 3, 2015; Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended January 3, 2015; Provides Earnings Guidance for the Year 2015

On February 11, 2015, Advance Auto Parts Inc.'s Board of Directors declared a regular quarterly cash dividend of $0.06 per share to be paid on April 3, 2015 to stockholders of record as of March 20, 2015. The company announced unaudited consolidated earnings results for the fourth quarter and year ended January 3, 2015. For the quarter, on comparable basis, the company's net sales were $2.09 billion compared with $1.41 billion a year ago. The sales increase was driven by the acquisition of General Parts, a comparable store sales increase of 1.1% and the addition of new stores over the past 12 months. Operating income was $171.7 million compared with $113.8 million a year ago. Income before provision for income taxes was $157.6 million compared with $106.9 million a year ago. Net income was $100.99 million or $1.37 per basic and diluted share compared with $68.7 million or $0.94 per basic and diluted share a year ago. On GAAP basis, the company's net sales were $2.24 billion compared with $1.41 billion a year ago. Operating income was $146.1 million compared with $90.8 million a year ago. Income before provision for income taxes was $130.96 million compared with $81.9 million a year ago. Net income was $84.4 million or $1.15 per basic and diluted share compared with $49.3 million or $0.67 per basic and diluted share a year ago. For the year, the company's net sales were $9.69 billion compared with $6.49 billion a year ago. Operating income was $955.6 million compared with $693.3 million a year ago. Income before provision for income taxes was $886.3 million compared with $661.4 million a year ago. Net income was $558.9 million or $7.59 per basic and diluted share compared with $417.5 million or $5.67 per basic and diluted share a year ago. Net cash provided by operating activities was $708.99 million compared with $545.3 million a year ago. Purchases of property and equipment were $228.4 million compared with $195.8 million a year ago. On GAAP basis, the company's net sales were $9.84 billion compared with $6.49 billion a year ago. Operating income was $851.7 million compared with $660.3 million a year ago. Income before provision for income taxes was $781.4 million compared with $626.4 million a year ago. Net income was $493.8 million or $6.71 per basic and diluted share compared with $391.8 million or $5.32 per basic and diluted share a year ago. EBITDA was $1.22 billion compared with $0.9 billion a year ago. EBITDAR was $1.73 billion compared with $1.26 billion a year ago. For 2015, the company expects comparable cash EPS, excluding one-time expenses to achieve synergies related to the acquisition of GPI in the range of $8.35 - $8.55, income tax rate in the range of 37.5% to 38.0%, capital expenditures in the range of $325 million to $340 million, free cash flow of minimum $475 million.

 

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AAP

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Valuation AAP Industry Range
Price/Earnings 22.2x
Price/Sales 1.1x
Price/Book 5.4x
Price/Cash Flow 20.3x
TEV/Sales 0.9x
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