Last $133.29 USD
Change Today +0.13 / 0.10%
Volume 484.7K
AAP On Other Exchanges
New York
As of 8:04 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

advance auto parts inc (AAP) Snapshot

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06/30/14 - $136.12
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09/6/13 - $78.91
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Current Stock Chart for ADVANCE AUTO PARTS INC (AAP)

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advance auto parts inc (AAP) Details

Advance Auto Parts, Inc., through its subsidiaries, operates as a specialty retailer of automotive aftermarket parts, accessories, batteries, and maintenance items. It operates in two segments, Advance Auto Parts (AAP) and Autopart International (AI). The APP segment operates stores that offer brand name and private label automotive products, including alternators, batteries, belts and hoses, brakes and brake pads, chassis 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, anti-theft devices, emergency road kits, floor mats, ice scrapers, mirrors, vent shades, MP3 and cell phone accessories, and seat and steering wheel covers; chemicals comprising antifreeze, brake and power steering fluids, freon, fuel additives, windshield washer fluids, and car washes and waxes; and oils, transmission fluids, and other automotive petroleum products for domestic and imported cars and light trucks. This segment 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. In addition, it sells products online. The AI segment operates stores that offer replacement parts for domestic and imported cars and light trucks. It serves customers in the Northeastern, Mid-Atlantic, and Southeastern regions of the United States; and warehouse distributors and jobbers in North America. As of April 19, 2014, the company operated 5,276 company-operated stores and 105 Worldpac branches, as well as served approximately 1,400 independently owned Carquest branded stores in 49 states, Puerto Rico, the Virgin Islands, and Canada. It serves do-it-yourself, do-it-for-me, or commercial customers. The company was founded in 1929 and is headquartered in Roanoke, Virginia.

41,238 Employees
Last Reported Date: 02/25/14
Founded in 1929

advance auto parts inc (AAP) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $700.0K
Total Annual Compensation: $415.4K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $528.8K
Senior Vice President of Business Development...
Total Annual Compensation: $330.0K
Executive Vice President of Merchandising, Ma...
Total Annual Compensation: $436.8K
Compensation as of Fiscal Year 2013.

advance auto parts inc (AAP) Key Developments

Advance Auto Parts, Inc. Appoints David Allen as Senior Vice President, Supply Chain Management

Advance Auto Parts Inc. announced the appointment of David Allen as Senior Vice President, Supply Chain Management. Mr. Allen will lead the Supply Chain function in its efforts to support Advance's stores and commercial customers. This includes developing strategies to support the integration of Advance's supply chain with CARQUEST. Mr. Allen will report to Charles Tyson, Executive Vice President, Merchandising, Marketing and Supply Chain, and will be based in Raleigh, NC. Prior to joining Advance, Mr. Allen has served as the senior operations executive for Del Monte Foods, Dell Inc., and Frito-Lay North America. Recently, Mr. Allen also has been an Operating Partner for TriPointe Capital Partners.

Advance Auto Parts Announces Organizational Design Changes; Plans to Close its Minnesota Office in September 2015

Advance Auto Parts Inc. has announced corporate organizational design changes as part of its ongoing integration of General Parts International. As part of the changes, the Company will organize its corporate operations around two Store Support Centers in the Southeastern US, utilizing its Roanoke and Raleigh offices, and reorganize several corporate functions between those locations. The company also announced plans to close its Minnesota office in September 2015, and consolidate its California Bay Area e-business teams to its Newark, California location, which also serves as the headquarters for Worldpac, in the summer of 2014.

Advance Auto Parts Inc. Closes 100-Person Corporate Office in Bloomington and Office in California

Advance Auto Parts Inc. is closing the 100-person corporate office in Bloomington where its CEO and chief financial officer work and shifting the jobs to Raleigh, N.C. The office will close in September 2015. An office in California also will close. In addition, the company announced it will close about 100 stores around the country as it digests last year's $2 billion purchase of Raleigh-based General Parts International.


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