Advance Auto Parts, Inc.

Advance Auto Parts, Inc.

Advance Auto Parts, Inc.

Overview
Date Founded

2001

Headquarters

5008 Airport Road,Roanoke, VA 24012

Type of Company

Public

Employees (Worldwide)

71K

Industries

Automobiles
Wholesale: Industrial Products & Manufacturing
Retail: Other
Industrial Machinery & Manufacturing
Internet Software & Services

Company Description

Advance Auto Parts, Inc. engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It offers replacement parts, performance parts, accessories, oil and fluids, engine parts, brakes, batteries, accessories, and tools and garage. The company was founded by Arthur Taubman in 1929 and is headquartered in Raleigh, NC.

Contact Data
Trying to get in touch with decision makers at Advance Auto Parts, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

President, Chief Executive Officer & Director

Executive Vice President & Chief Financial Officer

Executive Vice President, General Counsel & Corporate Secretary

Executive Vice President, Chief Marketing Officer

Executive Vice President, Chief Technology Officer

Executive Vice President & Chief Human Resources Officer

Senior Vice President, Controller & Chief Accounting Officer

Division President, Carquest North America

Executive Vice President, Professional

Executive Vice President, Merchandising & Store Operations Support

Board of Directors

Co-Founder at Starboard Value LP

President & Chief Executive Officer at The Brink's Co.

Founder at Bergstrom Corp.

Former Executive Vice President & Chief Administrative & Chief Financial Officer at Best Buy Co., Inc.

President, Chief Executive Officer & Director at Advance Auto Parts, Inc.

Director, President & Chief Executive Officer at Darden Restaurants, Inc.

President & Chief Executive Officer at H&R Block, Inc.

Group Chief Information & Digital Officer at National Grid Plc

Executive Vice President, Strategy & Sales at Aquilon Energy Services, Inc.

Former Chief Financial Officer at Cypress Semiconductor Corporation

Paths to Advance Auto Parts, Inc.
Potential Connections via
Relationship Science
You
Advance Auto Parts, Inc.
Owners & Shareholders
Details Hidden

Barrow, Hanley, Mewhinney & Strauss has a strict definition of value. Our equity portfolios exhibit below-market price-to-earnings ratios, below-market price-to-book ratios, and above-market dividend yields, regardless of market conditions. As a result, each of our clients is assured that we will do our part to maintain the style integrity of their overall portfolio. In fixed income, we define value as temporarily mispriced securities with yield-to-maturity advantages over Treasury bonds of comparable maturity. We identify each opportunity from the bottom up, building a duration-neutral portfolio designed to "out-yield" the market. In this way, Barrow Hanley seeks to achieve higher total returns for our fixed income clients with below-benchmark volatility. Mutual Fund Sub-Advisory Services Stability of investment team, strict adherence to style and uniformity of process are hallmarks of Barrow Hanley. Through an investment in a Barrow Hanley sub-advised mutual fund, individual investors are able to access the research-driven, bottom-up approach to active security selection that is utilized by major pension plans, foundations and endowments, and other institutional investors worldwide. Barrow Hanley currently serves as a sub-advisor to more than 30 equity and fixed income mutual funds. In addition to sub-advising an array of nationally-recognized mutual funds in the U.S., we sub-advise a number of internationally-based funds.

Details Hidden

ClearBridge Investments offers strong leadership, seasoned Portfolio Managers, and a well-resourced, centralized investment infrastructure operating from offices in New York and San Francisco. We benefit from the formidable strength of the Legg Mason organization, while continuing to operate with investment independence — maintaining our own investment strategies, philosophies and investment decision-making authority. ClearBridge currently has over 158 employees, including more than 54 investment professionals.

Details Hidden

Melvin Capital's main objective in managing their funds to generate superior, risk-adjusted returns by employing a long-short equity strategy that focuses mainly on the securities of companies in the consumer sector. The firm employs a bottom-up, fundamental and detailed process to identify investments primarily in publicly traded common stock of US issuers, on both the long and short sides, that they believe will generate positive risk-adjusted returns on invested capital. Melvin Capital may also use other instruments, such as depository receipts, rights, warrants, options, contracts for difference, derivatives, and other instruments either linked to the value of common stock or for hedging purposes.

Recent Transactions
Details Hidden

Advance Auto Parts, Inc. purchases General Parts International, Inc.

Details Hidden

Advance Auto Parts, Inc., Autopart International, Inc. purchase Steinway Auto Parts, Inc.

Details Hidden

Advance Auto Parts, Inc. purchases B.W.P. Distributors, Inc.

Insider Transactions
Details Hidden
Details Hidden
Details Hidden
Transaction Advisors
Underwriter

Advised onAdvance Auto Parts, Inc. issued Common Stock

Accountant

Advised onAdvance Holding Corp, Advance Auto Parts, Inc. purchase Discount Auto Parts, Inc.

Accountant

Advised onAdvance Auto Parts, Inc. purchases Trak Auto Corp from HalArt LLC

Legal Advisor

Advised onAdvance Auto Parts, Inc. purchases B.W.P. Distributors, Inc.

Co-Head of Mergers & Acquisitions for North America

Advised onAdvance Auto Parts, Inc. purchases General Parts International, Inc.

Associate

Advised onAdvance Auto Parts, Inc. purchases General Parts International, Inc.

Advisors & Consultants
Advisor

Chief Executive Officer & Director at GameStop Corp.

Advisor

Former Senior Vice President-Supply Chain at Frito-Lay North America, Inc.

Advisor

Former Executive Vice President, Chief Financial Officer & Assistant Secretary at Advance Auto Parts, Inc.

Clients

Monro, Inc. engages in the operation of chain stores that provides automotive undercar repair and tire services. The company offers services for brake systems, steering and suspension systems, tires, exhaust systems and many vehicle maintenance services and certain locations specialize in providing commercial tire and maintenance services. It operates under the brand names:Monro Auto Service & Tire Centers; Tread Quarters Discount Tire Auto Service Centers; Mr. Tire Auto Service Centers; Autotire Car Care Centers; Tire Warehouse Tires for Less; Tire Barn Warehouse; Ken Towery's Tire & Auto Care; Tire Choice Auto Service Centers; FreeService Tire and Car-X Tire & Auto. The company was founded by Charles J. August in 1957 and is headquartered in Rochester, NY.

Crawford United Corp. is a holding company, which engages in developing and manufacturing products used by companies in the transportation and emissions testing industries. It operates through the following segments: Aerospace Components, Commercial Air Handling, and Industrial Hose. The Aerospace Components segment provides complete end-to-end engineering, machining, grinding, welding, brazing, heat treat, and assembly solutions. The Commercial Air Handling segment offers designing and installing large-scale commercial, institutional, and industrial custom air handling solutions. The Industrial Hose segment refers to production of flexible interlocking metal hoses and the distribution of silicone hoses. The company was founded by Robert D. Hickok on May 14, 1910 and is headquartered in Cleveland, OH.

Key Stats and Financials As of 2018
Market Capitalization
$9.05B
Total Enterprise Value
$11.7B
Earnings Per Share
$5.73
Enterprise Value Sales
1.22x
Enterprise Value EBITDAOperating
12.92x
TEVNet Income
27.49x
Debt TEV
0.09x
EBITDAMargin
9.41%
EBITDA
$902M
Total Debt
$1.05B
Total Equity
$3.55B
Net Profit
$424M
Revenue
$9.58B
Five Year Compounded Annual Growth Rate Of Revenue
8.09%
Three Year Compounded Annual Growth Rate Of Revenue
-0.54%
Non-Profit Donations & Grants
$25K - $100K
2018
$500K - $1M
2017
$1M +
2016
Investors
Details Hidden

Partner at IBM Ventures

Details Hidden

Co-Founder at Sentinel Capital Partners LLC

Suppliers
Johnson Controls, Inc. Equipment & Office Supplies | Milwaukee, WI

Johnson Controls is a global diversified technology and industrial leader serving customers in more than 150 countries. Our 170,000 employees create quality products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and interior systems for automobiles. Our commitment to sustainability dates back to our roots in 1885, with the invention of the first electric room thermostat. Through our growth strategies and by increasing market share we are committed to delivering value to shareholders and making our customers successful. In 2012, Corporate Responsibility Magazine recognized Johnson Controls as the #5 company in its annual “100 Best Corporate Citizens” list

Standard Motor Products, Inc. Wholesale: Industrial Products & Manufacturing | Long Island City, NY

Standard Motor Products, Inc., (SMP) is a leading independent manufacturer, distributor and marketer of replacement parts for motor vehicles in the automotive aftermarket industry, with an increasing focus on the original equipment and original equipment service markets. Our stock is publicly traded on the New York Stock Exchange (SMP) where it has been listed since 1977. We are organized into two major operating segments, each of which focuses on a specific line of replacement parts. Our Engine Management Segment manufactures a full line of engine management related products. Our Temperature Control Segment manufactures and remanufactures a full line of replacement parts for automotive air conditioning and heating systems. SMP products are marketed throughout the U.S., Canada, Latin America, Europe and Asia through traditional as well as non-traditional channels. We distribute parts under our own brand names, such as Standard, BWD, Hayden and Four Seasons, and through private labels. SMP products are distributed primarily to warehouse distributors, large retail chains, national program distribution groups, specialty market distributors, original equipment manufacturers and original equipment service part operations. In addition to the traditional automotive replacement market, SMP has engineered product solutions for the military, high-performance, agricultural, industrial and heavy-equipment markets. SMP has led the way in innovative technologies such as ‘next generation’ low emission hybrid systems, CNG and LPG fueled vehicles, diesel emission controls, and high-flow injection. Meeting customer demands in many different market channels is one of the qualities that sets SMP apart. At SMP, we are environmentally conscious and committed to making a difference with efficient and green manufacturing processes. Our commitment to engineering ingenuity makes us real problem solvers. Take a moment to view the case studies in this website to see how Standard Motor Products, Inc. has made a positive impact on the automotive marketplace and beyond

Motorcar Parts of America, Inc. Auto Parts & Tires | TORRANCE, CA

Motorcar Parts of America, Inc. engages in manufacturing, remanufacturing, and distribution of automotive parts. Its products include starters, alternators, wheel hub assemblies and bearings, brake master cylinders, brake power boosters, and turbochargers. The company was founded by Mel Marks in 1968 and is headquartered in Torrance, CA.

Competitors
Icahn Enterprises LP Oil & Gas - New York, NY

Icahn Enterprises L.P. (NASDAQ: IEP), a master limited partnership, is a diversified holding company engaged in nine primary business segments: Investment, Automotive, Energy, Gaming, Railcar, Food Packaging, Metals, Real Estate and Home Fashion. Icahn Enterprises L.P. is a Delaware master limited partnership

AutoZone, Inc. Automobiles - Memphis, Tennessee

AutoZone, Inc. engages in the retail and distribution of automotive replacement parts and accessories. The firm offers ALLDATA, which produces, sells, and maintains diagnostic and repair information software used in the automotive repair industry. The company was founded by Joseph R. Hyde, III on July 4, 1979 and is headquartered in Memphis, TN.

Genuine Parts Company Wholesale: Industrial Products & Manufacturing - Atlanta, GA

Genuine Parts Co. engages in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. It operates through the following segments: Automotive, Industrial, Office Products, and Electrical/Electronic Materials. The Automotive segment distributes replacement parts, other than body parts for substantially all makes and models of automobiles, trucks, and other vehicles. The Industrial segment distributes a wide variety of industrial bearings, mechanical and fluid power transmission equipment, including hydraulic and pneumatic products, material handling components, and related parts and supplies. The Office products segment distributes a wide variety of office products, computer supplies, office furniture, and business electronics. The Electrical/Electronic Materials segment distributes a wide variety of electrical/electronic materials, including insulating and conductive materials for use in electronic and electrical apparatus. The company was founded by Carlyle Fraser on May 7, 1928 and is headquartered in Atlanta, GA.

Awards & Honors
Rank #293
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #293
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Advance Auto Parts, Inc.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Advance Auto Parts, Inc.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Advance Auto Parts, Inc..