Market Summary
USD57.60-0.64
Market Closed-1.10%
AAP Alerts
AAP Stock Price
AAP RSI Chart
AAP Valuation
AAP Price/Sales (Trailing)
AAP Profitability
AAP Fundamentals
AAP Revenue
AAP Earnings
Price Action
52 Week Range
56.40189.94
(Low)(High)
Last 7 days
-3.7%
Last 30 days
-17.0%
Last 90 days
-12.3%
Trailing 12 Months
-64.1%
AAP Financial Health
AAP Investor Care
Historical Charts for Stock Metrics
Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
Get all data in R, Python etc through our Historical Stock Data APIs
Latest Insider Trading transactions for AAP
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-09-18 | OKelly Shane M | acquired | 4,593,590 | 58.16 | 78,982 | director, president and ceo |
2023-09-13 | LEE EUGENE I JR | bought | 499,818 | 57.6491 | 8,670 | - |
2023-08-28 | Pellicciotti William J Jr | acquired | 300,060 | 65.63 | 4,572 | svp, controller and cao |
2023-08-28 | LEE EUGENE I JR | acquired | 1,125,000 | 65.63 | 17,141 | - |
2023-08-28 | Iskander Anthony A | acquired | 500,035 | 65.63 | 7,619 | interim cfo, svp, fin & treas |
2023-08-24 | Iskander Anthony A | sold (taxes) | -475 | 67.91 | -7.00 | interim cfo, svp, fin & treas |
2023-07-28 | Jones Jeffrey J II | acquired | 1,900 | 73.17 | 25.98 | - |
2023-07-28 | Ferraro John Francis | acquired | 4,099 | 73.17 | 56.032 | - |
2023-07-28 | Torres Sherice | acquired | 1,033 | 73.17 | 14.127 | - |
2023-07-28 | Pertz Douglas A | acquired | 2,428 | 73.17 | 33.19 | - |
Which funds bought or sold AAP recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | reduced | -42.66 | -27,599,000 | 13,682,000 | 0.01% |
2023-09-12 | Farther Finance Advisors, LLC | added | 65.42 | -569 | 12,443 | -% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | -1,501 | 2,138 | -% |
2023-08-24 | Harvest Investment Advisors, LLC | sold off | -100 | -1,178,770 | - | -% |
2023-08-23 | Stonebridge Capital Advisors LLC | sold off | -100 | -3,283 | - | -% |
2023-08-23 | Rehmann Capital Advisory Group | new | - | 208,298 | 208,298 | 0.02% |
2023-08-23 | WOLVERINE TRADING, LLC | reduced | -77.44 | -1,642,190 | 244,809 | -% |
2023-08-22 | COMERICA BANK | sold off | - | - | - | -% |
2023-08-21 | Principal Street Partners, LLC | sold off | -100 | -4,371,930 | - | -% |
2023-08-21 | BOKF, NA | sold off | -100 | -59,589 | - | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
AAP Alerts
Schedule 13G FIlings of Advance Auto Parts
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Sep 07, 2023 | blackrock inc. | 13.3% | 7,891,356 | SC 13G/A | |
| Aug 08, 2023 | jpmorgan chase & co | 0.5% | 315,283 | SC 13G/A | |
| Feb 15, 2023 | barrow hanley mewhinney & strauss llc | 12.% | 10 | SC 13G | |
| Feb 10, 2023 | clearbridge investments, llc | 4.3% | 2,555,163 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 13.00% | 7,700,330 | SC 13G/A | |
| Feb 01, 2023 | blackrock inc. | 7.0% | 4,123,923 | SC 13G/A | |
| Jan 06, 2023 | jpmorgan chase & co | 5.7% | 3,396,757 | SC 13G | |
| Feb 14, 2022 | melvin capital management lp | 1.8% | 1,142,000 | SC 13G/A | |
| Feb 10, 2022 | barrow hanley mewhinney & strauss llc | 5.68% | 3,543,834 | SC 13G | |
| Feb 09, 2022 | vanguard group inc | 10.76% | 6,708,765 | SC 13G/A |
Recent SEC filings of Advance Auto Parts
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 20, 2023 | 4 | Insider Trading | |
| Sep 19, 2023 | 3 | Insider Trading | |
| Sep 14, 2023 | 4 | Insider Trading | |
| Sep 07, 2023 | SC 13G/A | Major Ownership Report | |
| Aug 30, 2023 | 4 | Insider Trading | |
| Aug 30, 2023 | 4 | Insider Trading | |
| Aug 28, 2023 | 3 | Insider Trading | |
| Aug 28, 2023 | 4 | Insider Trading | |
| Aug 25, 2023 | S-3ASR | S-3ASR | |
| Aug 23, 2023 | 10-Q | Quarterly Report |
Peers (Alternatives to Advance Auto Parts)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
ORLY | 56.5B | 15.2B | -1.18% | 34.96% | 25.04 | 3.71 | 10.79% | 5.71% |
AZO | 47.3B | 17.1B | 3.85% | 23.41% | 19.11 | 2.76 | 8.20% | 2.84% |
KMX | 12.1B | 28.1B | -3.23% | -3.90% | 26.32 | 0.43 | -16.27% | -52.34% |
| MID-CAP | ||||||||
PAG | 10.7B | 28.7B | -4.67% | 54.86% | 8.68 | 0.37 | 7.74% | -12.15% |
LAD | 8.1B | 29.3B | -3.88% | 29.95% | 7.32 | 0.28 | 10.99% | -13.31% |
MUSA | 7.4B | 22.2B | 9.89% | 24.39% | 12.87 | 0.33 | 4.57% | 5.07% |
AN | 6.6B | 26.7B | -6.82% | 40.09% | 5.49 | 0.25 | 0.26% | -19.30% |
ABG | 4.7B | 14.9B | 0.33% | 49.76% | 4.98 | 0.31 | 8.81% | 19.77% |
GPS | 3.7B | 15.1B | 3.01% | 14.18% | 34.04 | 0.24 | -4.40% | 128.50% |
AAP | 3.4B | 11.2B | -17.05% | -64.09% | 9.91 | 0.31 | 1.42% | -28.99% |
| SMALL-CAP | ||||||||
TA | 1.3B | 10.8B | -0.81% | 138.96% | 9.18 | 0.12 | 33.09% | 75.40% |
CWH | 903.1M | 6.5B | -22.08% | -21.80% | 6.59 | 0.13 | -8.44% | -86.10% |
HZO | 690.2M | 2.3B | -5.74% | 6.71% | 5.2 | 0.3 | 4.62% | -31.06% |
CRMT | 572.7M | 1.4B | -15.98% | 33.97% | 28.03 | 0.41 | 17.56% | -78.50% |
Advance Auto Parts News
Returns for AAP
Cumulative Returns on AAP
-2.4%
10-Year Cumulative Returns
-11.7%
7-Year Cumulative Returns
-18.1%
5-Year Cumulative Returns
-25.7%
3-Year Cumulative Returns
Risks for AAP
What is the probability of a big loss on AAP?
59.2%
Probability that Advance Auto Parts stock will be more than 20% underwater in next one year
40.4%
Probability that Advance Auto Parts stock will be more than 30% underwater in next one year.
30.4%
Probability that Advance Auto Parts stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does AAP drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Advance Auto Parts was unfortunately bought at previous high price.
Drawdowns
Financials for Advance Auto Parts
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q2 | 2022Q4 | 2022Q3 | 2022Q3 | 2022Q2 | 2021Q4 | 2021Q3 | 2021Q3 | 2021Q2 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q2 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q2 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 0.2% | 11,219 | 11,198 | 11,155 | 11,078 | 11,058 | 11,042 | 10,998 | 10,966 | 10,887 | 10,739 | 10,106 | 9,854 | 9,624 | 9,455 | 9,709 | 9,701 | 9,664 | 9,659 | 9,581 | 9,512 | 9,420 |
| Gross Profit | -0.8% | 4,889 | 4,926 | 4,962 | 4,944 | 4,947 | 4,950 | 4,929 | 4,940 | 4,886 | 4,794 | 4,482 | 4,327 | 4,210 | 4,123 | 4,255 | 4,255 | 4,250 | 4,252 | 4,219 | 4,164 | 4,105 |
| S&GA Expenses | 0.7% | 4,355 | 4,325 | 4,248 | 4,250 | 4,200 | 4,160 | 4,090 | 4,062 | 3,981 | 3,870 | 3,732 | 3,602 | 3,570 | 3,575 | 3,578 | 3,619 | 3,632 | 3,638 | 3,615 | 3,557 | 3,496 |
| EBITDA | -100.0% | - | 862 | 979 | - | 970 | 1,012 | 1,102 | - | - | 1,119 | 935 | 923 | 885 | 795 | 917 | 867 | 852 | 847 | - | - | - |
| EBITDA Margin | -100.0% | - | 0.08* | 0.09* | - | 0.09* | 0.09* | 0.10* | - | - | 0.10* | 0.09* | 0.09* | 0.09* | 0.08* | 0.09* | 0.09* | 0.09* | 0.09* | - | - | - |
| Interest Expenses | - | - | - | 46.00 | - | - | - | 36.00 | - | - | - | 34.00 | - | - | - | 41.00 | - | - | - | 45.00 | - | - |
| Earnings Before Taxes | -14.4% | 450 | 525 | 649 | 621 | 696 | 743 | 806 | 847 | 822 | 837 | 651 | 630 | 594 | 507 | 638 | 588 | 574 | 565 | 555 | 560 | 557 |
| EBT Margin | -100.0% | - | 0.05* | 0.06* | 0.06* | 0.06* | 0.07* | 0.07* | 0.08* | 0.08* | 0.08* | 0.06* | 0.06* | 0.06* | 0.05* | 0.07* | - | - | - | - | - | - |
| Net Income | -14.6% | 346 | 405 | 502 | 477 | 536 | 570 | 616 | 646 | 624 | 635 | 518 | 502 | 478 | 413 | 487 | 444 | 437 | 430 | 424 | 555 | 535 |
| Net Income Margin | -100.0% | - | 0.04* | 0.04* | 0.04* | 0.05* | 0.05* | 0.06* | 0.06* | 0.06* | 0.06* | 0.05* | 0.05* | 0.05* | 0.04* | 0.05* | - | - | - | - | - | - |
| Free Cashflow | 100.0% | - | -0.91 | 298 | 238 | 273 | 394 | 823 | 819 | 1,041 | 1,033 | 702 | 674 | 524 | 381 | 597 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q2 | 2022Q4 | 2022Q3 | 2022Q3 | 2022Q2 | 2021Q4 | 2021Q3 | 2021Q3 | 2021Q2 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q2 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q2 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 1.0% | 12,304 | 12,182 | 12,018 | 12,132 | 12,138 | 12,002 | 12,194 | 11,864 | 11,839 | 11,868 | 11,840 | 11,973 | 11,931 | 12,073 | 11,249 | 11,107 | 11,268 | 11,082 | 9,041 | 8,972 | 8,836 |
| Current Assets | 2.0% | 6,326 | 6,202 | 6,047 | 6,163 | 6,183 | 6,058 | 6,275 | 6,161 | 6,222 | 6,311 | 6,270 | 6,437 | 6,396 | 6,572 | 5,696 | 5,827 | 5,962 | 5,782 | 6,082 | 6,024 | 5,878 |
| Cash Equivalents | 22.3% | 277 | 226 | 269 | 191 | 241 | 139 | 601 | 605 | 809 | 880 | 835 | 1,068 | 1,142 | 1,280 | 419 | 574 | 748 | 537 | 897 | 970 | 902 |
| Inventory | 1.0% | 5,067 | 5,016 | 4,915 | 4,927 | 4,830 | 4,779 | 4,659 | 4,450 | 4,428 | 4,477 | 4,538 | 4,367 | 4,358 | 4,526 | 4,432 | 4,391 | 4,375 | 4,434 | 4,363 | 4,187 | 4,160 |
| Net PPE | -0.3% | 1,689 | 1,694 | 1,690 | 1,664 | 1,611 | 1,568 | 1,528 | 1,483 | 1,472 | 1,464 | 1,463 | 1,445 | 1,436 | 1,444 | 1,433 | 1,389 | 1,381 | 1,363 | 1,369 | 1,336 | 1,339 |
| Goodwill | 0.1% | 992 | 991 | 990 | 990 | 992 | 994 | 994 | 995 | 994 | 995 | 994 | 991 | 990 | 989 | 992 | 991 | 992 | 991 | 990 | 993 | 992 |
| Liabilities | 0.4% | 9,581 | 9,546 | 9,340 | 9,416 | 9,343 | 9,093 | 9,066 | - | - | - | 8,280 | - | - | - | - | - | - | - | - | - | - |
| Current Liabilities | 0.9% | 5,026 | 4,983 | 5,370 | 5,443 | 5,342 | 5,053 | 5,180 | 4,955 | 4,899 | 4,792 | 4,744 | 4,649 | 4,438 | 4,831 | 4,478 | 4,464 | 4,372 | 4,299 | 3,886 | 3,721 | 3,598 |
| Long Term Debt | 0.0% | 1,785 | 1,785 | 1,188 | 1,188 | 1,188 | 1,187 | 1,034 | 1,034 | 1,034 | - | 1,033 | 1,032 | 1,240 | 1,241 | 747 | - | - | - | - | - | - |
| LT Debt, Current | -18.1% | 95.00 | 116 | 185 | 185 | 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| LT Debt, Non Current | - | - | - | 1,188 | - | - | - | 1,034 | - | - | 1,033 | 1,033 | - | - | - | 747 | 747 | 747 | 747 | 1,046 | 1,045 | 1,045 |
| Shareholder's Equity | 3.3% | 2,723 | 2,636 | 2,678 | 2,716 | 2,795 | 2,910 | 3,128 | 3,197 | 3,302 | 3,502 | 3,560 | 3,763 | 3,727 | 3,537 | 3,549 | 3,455 | 3,671 | 3,547 | 3,551 | 3,660 | 3,658 |
| Retained Earnings | 1.5% | 4,767 | 4,698 | 4,745 | 4,727 | 4,707 | 4,653 | 4,606 | 4,587 | 4,480 | 4,301 | 4,197 | 4,102 | 3,972 | 3,799 | 3,773 | 3,681 | 3,562 | 3,441 | 3,326 | 3,277 | 3,166 |
| Additional Paid-In Capital | 1.2% | 925 | 914 | 898 | 886 | 876 | 862 | 845 | 835 | 818 | 800 | 784 | 772 | 761 | 750 | 735 | 725 | 716 | 706 | 695 | 686 | 678 |
| Accumulated Depreciation | 2.4% | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2,404 | 2.00 | 2,301 | 2,255 | 2,189 | 2,138 | 2,096 | 2,081 | 2,038 | 2,008 | 1,985 | 1,951 | 1,919 | 1,914 | 1,874 |
| Shares Outstanding | 0.2% | 59.00 | 59.00 | 59.00 | 60.00 | 60.00 | 61.00 | 62.00 | 63.00 | 65.00 | 66.00 | 66.00 | 69.00 | 69.00 | 69.00 | 69.00 | 70.00 | 72.00 | 72.00 | 72.00 | 74.00 | 74.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q2 | 2022Q4 | 2022Q3 | 2022Q3 | 2022Q2 | 2021Q4 | 2021Q3 | 2021Q3 | 2021Q2 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q2 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q2 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -37.5% | 249 | 398 | 722 | 670 | 645 | 727 | 1,112 | 1,085 | 1,298 | 1,289 | 970 | 968 | 823 | 673 | 867 | 838 | 859 | 862 | 811 | 881 | 777 |
| Share Based Compensation | -4.2% | 48.00 | 51.00 | 51.00 | 54.00 | 59.00 | 64.00 | 63.00 | 60.00 | 55.00 | 48.00 | 45.00 | 44.00 | 42.00 | 40.00 | 37.00 | 37.00 | 35.00 | 31.00 | 28.00 | 26.00 | 28.00 |
| Cashflow From Investing | 10.7% | -357 | -400 | -424 | -430 | -369 | -331 | -287 | -263 | -254 | -254 | -266 | -494 | -500 | -485 | -462 | -248 | -233 | -218 | -191 | -127 | -118 |
| Cashflow From Financing | 102.4% | 159 | 79.00 | -620 | -641 | -853 | -1,121 | -1,064 | -1,288 | -1,380 | -1,439 | -286 | 22.00 | 74.00 | 558 | -882 | -981 | -777 | -740 | -263 | -146 | -13.27 |
| Dividend Payments | -0.3% | 270 | 271 | 336 | 336 | 309 | 283 | 161 | 161 | 115 | 68.00 | 56.00 | 56.00 | 43.00 | 30.00 | 17.00 | 17.00 | 17.00 | 18.00 | 18.00 | 18.00 | 18.00 |
| Buy Backs | -54.7% | 166 | 367 | 618 | 639 | 793 | 987 | 906 | 1,131 | 1,012 | 618 | 470 | 160 | 389 | 400 | 498 | 641 | 422 | 410 | 281 | 130 | 9.00 |
AAP Income Statement
2023-07-15Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jul. 15, 2023 | Jul. 16, 2022 | Jul. 15, 2023 | Jul. 16, 2022 | |
| Income Statement [Abstract] | ||||
| Net sales | $ 2,686,066 | $ 2,665,426 | $ 6,103,659 | $ 6,039,636 |
| Cost of sales, including purchasing and warehousing costs | 1,537,997 | 1,479,707 | 3,484,927 | 3,347,397 |
| Gross profit | 1,148,069 | 1,185,719 | 2,618,732 | 2,692,239 |
| Selling, general and administrative expenses | 1,013,701 | 984,037 | 2,394,365 | 2,287,287 |
| Operating income | 134,368 | 201,682 | 224,367 | 404,952 |
| Other, net: | ||||
| Interest expense | (20,869) | (10,207) | (50,587) | (23,075) |
| Loss on early redemption of senior unsecured notes | 0 | 0 | 0 | (7,408) |
| Other (expense) income, net | 1,684 | (711) | 1,009 | (575) |
| Total other, net | (19,185) | (10,918) | (49,578) | (31,058) |
| Income before provision for income taxes | 115,183 | 190,764 | 174,789 | 373,894 |
| Provision for income taxes | 29,821 | 46,362 | 46,776 | 89,701 |
| Net income | $ 85,362 | $ 144,402 | $ 128,013 | $ 284,193 |
| Basic earnings per common share (in dollars per share) | $ 1.44 | $ 2.39 | $ 2.16 | $ 4.67 |
| Weighted Average Number of Shares Issued, Basic | 59,384 | |||
| Weighted-average common shares outstanding | 59,451 | 60,452 | 59,384 | 60,914 |
| Diluted earnings per common share (in dollars per share) | $ 1.43 | $ 2.38 | $ 2.15 | $ 4.63 |
| Weighted-average common shares outstanding | 59,604 | 60,782 | 59,570 | 61,328 |
AAP Balance Sheet
2023-07-15Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Jul. 15, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 277,064 | $ 269,282 |
| Receivables, net | 793,772 | 698,613 |
| Inventories | 5,067,467 | 4,915,262 |
| Other current assets | 188,169 | 163,695 |
| Total current assets | 6,326,472 | 6,046,852 |
| Property and equipment, net of accumulated depreciation of $2,735,674 and $2,590,382 | 1,688,891 | 1,690,139 |
| Operating lease right-of-use assets | 2,618,822 | 2,607,690 |
| Goodwill | 991,871 | 990,471 |
| Other intangible assets, net | 606,450 | 620,901 |
| Other assets | 71,870 | 62,429 |
| Total assets | 12,304,376 | 12,018,482 |
| Current liabilities: | ||
| Accounts payable | 3,780,215 | 4,123,462 |
| Accrued expenses | 685,191 | 634,447 |
| Current portion of long-term debt | 95,000 | 185,000 |
| Other current liabilities | 465,972 | 427,480 |
| Total current liabilities | 5,026,378 | 5,370,389 |
| Long-term debt | 1,785,074 | 1,188,283 |
| Noncurrent operating lease liabilities | 2,249,994 | 2,278,318 |
| Deferred income taxes | 432,680 | 415,997 |
| Other long-term liabilities | 87,063 | 87,214 |
| Total Liabilities | 9,581,189 | 9,340,201 |
| Commitments and contingencies | ||
| Stockholders' equity: | ||
| Preferred stock, nonvoting, $0.0001 par value | 0 | 0 |
| Common stock, voting, $0.0001 par value | 8 | 8 |
| Additional paid-in capital | 925,411 | 897,560 |
| Treasury stock, at cost | (2,932,576) | (2,918,768) |
| Accumulated other comprehensive loss | (36,824) | (45,143) |
| Retained earnings | 4,767,168 | 4,744,624 |
| Total stockholders’ equity | 2,723,187 | 2,678,281 |
| Total liabilities and stockholders’ equity | $ 12,304,376 | $ 12,018,482 |
Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company offers battery accessories; belts and hoses; brakes and brake pads; chassis and climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts. It also offers air conditioning chemicals and accessories; air fresheners; antifreeze and washer fluids; electrical wires and fuses; electronics; floor mats, seat covers, and interior accessories; hand and specialty tools; lighting products; performance parts; sealants, adhesives and compounds; tire repair accessories; vent shades, mirrors and exterior accessories; washes, waxes and cleaning supplies; and wiper blades. In addition, the company offers air filters; fuel and oil additives; fuel filters; grease and lubricants; motor oils; oil filters, part cleaners and treatments; and transmission fluids for engine maintenance. Further, it offers battery and wiper installation; engine light scanning and checking; electrical system testing; video clinic; oil and battery recycling; and loaner tool program services. Additionally, the company sells its products through its website. It serves professional installers and do-it-yourself customers. The company operates stores under the Advance Auto Parts, Autopart International, and Carquest brands, as well as branches under the Worldpac name. As of January 2, 2022, it operated 4,706 stores and 266 branches in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada; and served 1,317 independently owned Carquest branded stores in Mexico, Grand Cayman, the Bahamas, Turks and Caicos, and the British Virgin Islands. The company was founded in 1929 and is based in Raleigh, North Carolina.