Advance Auto Parts, headquartered in Raleigh, North Carolina, supplies aftermarket automotive products through approximately 4,785 stores and 320 branches, employing 40,000 people. The company went public on November 29, 2001.
AAP has been in the news recently: Advance Auto Parts shares increased by over 30% after the company reported a narrower adjusted loss of 22 cents per share and $2.58 billion in revenue for the first quarter. This performance exceeded expectations, as analysts had predicted a loss of 82 cents per share.
📡️ Consumer Discretionary
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