Advance Auto Parts continues to see a decline in sales and a slip in profit margins. New management believes it can fix supply-chain inefficiencies and sell a noncore brand, which are ongoing points ...
RALEIGH, N.C.--(BUSINESS WIRE)-- Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself ...
Carlyle Group Inc. is acquiring Advance Auto Parts Inc.’s Worldpac unit for $1.5 billion, striking the first major industrial investment for the firm in more than two years. Worldpac, a wholesale ...
Shares of Advance Auto Parts have fallen in the last five years. The auto parts retailer trails peers in growth and profitability metrics. Even with a new CEO, it's best to pass on Advance Auto Parts ...
Like an old car that breaks down often, Advance Auto Parts (NYSE: AAP) stock has been a giant headache for investors. The automotive parts retailer and distributor has struggled amid an industry ...
It has been a good year for auto parts retailers—other than Advance Auto Parts. Another “kitchen sink” quarter for the company has dragged its shares lower yet again.
RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself ...
Advance Auto Parts is closing more than 700 locations to shore up the company’s finances following another dismal earnings report.The car parts retailer, which has about 5,000 stores, said Thursday ...
Advance Auto Parts Chief Financial Officer Jeff Shepherd has left the company amid a shakeup of the aftermarket car-parts retailer’s top ranks. Shepherd, who served as CFO since 2018, exited the ...
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NEXSTAR) — After closing roughly 700 stores ...
RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider, today announced that Reuben E. Slone, executive vice president, supply chain, ...