 | |
 Advance Auto Parts in Cairo, Georgia | |
| Company type | Public |
|---|---|
| Industry | Auto Parts Retail |
| Founded | April 29, 1932 |
| Founder | Arthur Taubman |
| Headquarters | Raleigh, North Carolina, U.S. |
Number of locations | 4,935 Advance Stores; 321 Worldpac branches; 1,245 Carquest branded stores (2023) |
Area served |
|
Key people | |
| Products | Replacement automotive parts & accessories |
| Revenue |  US$11.3 billion (2023) |
 US$114 million (2023) | |
| US$29.7 million (2023) | |
| Total assets | US$12.3 billion (2023) |
| Total equity | US$2.52 billion (2023) |
Number of employees | 69,000 (2023) |
| Subsidiaries |
|
| Website | advanceautoparts |
| Footnotes / references [1] | |
Advance Auto Parts, Inc. is an American automotive aftermarket parts provider. Headquartered in Raleigh, North Carolina, it serves both professional installer and do it yourself (DIY) customers. As of December 2023[update], Advance operated 4,935 stores and 321 Worldpac branches in the United States and Canada. The company also serves 1,245 independently owned Carquest-branded stores in the U.S., Mexico, The Cayman Islands, Turks and Caicos, and British Virgin Islands.[1]
Net sales for 2023 $11.3 billion (up 1.2% from 2022). Gross profit for 2023 $4.5 billion. Operating profit for the full year 2023 $114.4 million, 1.0% of net sales (6.0% of net sales in 2022). Net cash provided by operating activities was $0.3 billion for the full year 2023.[2]
- ^ a b "2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 12, 2024.
- ^ "Advance Auto Parts Reports Fourth Quarter and Full Year 2023 Results". businesswire. Archived from the original on February 28, 2024. Retrieved March 25, 2024.