Content about Advance Auto Parts

April 15, 2014

Pep Boys is looking to accelerate a range of digital and physical offerings as part of a strategy called, “Road Ahead,” after the omnichannel efforts resulted in 152% growth.

Pep Boys is looking to accelerate a range of digital and physical offerings as part of a strategy called, “Road Ahead,” after the omnichannel efforts resulted in 152% growth.

Pep Boys operates 800 locations in 35 states with 7,500 service bays which differentiates the company from parts-only players such as AutoZone and Advance Auto Parts who perform basic services in their parking lots such as changing batteries or wiper blades.

October 16, 2013

Advance Auto Parts plans to acquire General Parts International in an all-cash transaction worth $2.04 billion. The transaction has been approved by the boards of directors of both companies.

Advance Auto Parts plans to acquire General Parts International in an all-cash transaction worth $2.04 billion. The transaction has been approved by the boards of directors of both companies.

General Parts International is a leading privately held distributor and supplier of original equipment and aftermarket replacement products for commercial markets operating under the Carquest and Worldpac brands.

October 16, 2013

Advance Auto Parts plans to acquire General Parts International in an all-cash transaction worth $2.04 billion. The transaction has been approved by the boards of directors of both companies.

Advance Auto Parts plans to acquire General Parts International in an all-cash transaction worth $2.04 billion. The transaction has been approved by the boards of directors of both companies.

General Parts International is a leading privately held distributor and supplier of original equipment and aftermarket replacement products for commercial markets operating under the Carquest and Worldpac brands.

August 9, 2013

Advance Auto Part’s announced plans to open its 4,000th store on Friday, one day after reporting disappointing sales at its 3,999 locations.

Advance Auto Parts announced plans to open its 4,000th store on Friday, one day after reporting disappointing sales at its 3,999 locations.

Total sales for the second quarter increased 6.1% to $1.55 billion due largely to the addition of 175 new locations. However, same store sales declined 0.3% on top of a prior year decline of 2.7%.

August 9, 2013

Advance Auto Part’s announced plans to open its 4,000th store on Friday, one day after reporting disappointing sales at its 3,999 locations.

Advance Auto Parts announced plans to open its 4,000th store on Friday, one day after reporting disappointing sales at its 3,999 locations.

Total sales for the second quarter increased 6.1% to $1.55 billion due largely to the addition of 175 new locations. However, same store sales declined 0.3% on top of a prior year decline of 2.7%.

June 24, 2013

Advance Auto Parts has promoted Donna Justiss to the position of SVP and chief information officer. Justiss will report to EVP and CFO Mike Norona, and will continue to be based in Roanoke, Va.

ROANOKE, Va. — Advance Auto Parts has promoted Donna Justiss to the position of SVP and chief information officer. Justiss will report to EVP and CFO Mike Norona, and will continue to be based in Roanoke, Va.

She will be responsible for the strategic leadership of all aspects of Advance’s Information Technology area, including application development and support, infrastructure and information security. 

June 24, 2013

Advance Auto Parts has promoted Donna Justiss to the position of SVP and chief information officer. Justiss will report to EVP and CFO Mike Norona, and will continue to be based in Roanoke, Va.

ROANOKE, Va. — Advance Auto Parts has promoted Donna Justiss to the position of SVP and chief information officer. Justiss will report to EVP and CFO Mike Norona, and will continue to be based in Roanoke, Va.

She will be responsible for the strategic leadership of all aspects of Advance’s Information Technology area, including application development and support, infrastructure and information security. 

June 17, 2013

Advance Auto Parts has promoted Jon Dehne to SVP of market availability, inventory management and merchandise operations.

ROANOKE, Va. — Advance Auto Parts has promoted Jon Dehne to SVP of market availability, inventory management and merchandise operations. 

June 17, 2013

Advance Auto Parts has promoted Jon Dehne to SVP of market availability, inventory management and merchandise operations.

ROANOKE, Va. — Advance Auto Parts has promoted Jon Dehne to SVP of market availability, inventory management and merchandise operations. 

April 24, 2013

Several key senior leadership changes took effect this week at the nation’s second largest automotive retailer as it looks to narrow the gap with AutoZone.

Several key senior leadership changes took effect this week at the nation’s second largest automotive retailer as it looks to narrow the gap with AutoZone.

April 4, 2013

Advance Auto has named George Sherman president of the company as part of its effort to simplify company leadership.

ROANOKE, Va. — Advance Auto has named George Sherman president of the company as part of its effort to simplify company leadership.

In his role as president, Sherman will be responsible for growing commercial and driving excellence throughout the company’s operations. Sherman will lead the company’s commercial sales, field operations, store operations support, merchandising, marketing, supply chain and e-commerce teams.

September 4, 2012

Advance Auto Parts has promoted Rusty Tweedy to area SVP, responsible for store operations in the Mid-Atlantic regions.

ROANOKE, Va. — Advance Auto Parts  has promoted Rusty Tweedy to area SVP, responsible for store operations in the Mid-Atlantic regions. Tweedy will report to Kurt Schumacher, SVP national field operations. Effective with this promotion, the company is adding a fourth operational area which will enable the company’s field and commercial sales leaders to be more aligned and focused on driving profitable growth.

September 4, 2012

Advance Auto Parts has promoted Rusty Tweedy to area SVP, responsible for store operations in the Mid-Atlantic regions.

ROANOKE, Va. — Advance Auto Parts  has promoted Rusty Tweedy to area SVP, responsible for store operations in the Mid-Atlantic regions. Tweedy will report to Kurt Schumacher, SVP national field operations. Effective with this promotion, the company is adding a fourth operational area which will enable the company’s field and commercial sales leaders to be more aligned and focused on driving profitable growth.

August 21, 2012

Advance Auto Parts has announced the promotions of Kurt Schumacher to SVP, national field operations and Joe Gonzalez to area SVP.

ROANOKE, Va. — Advance Auto Parts has announced the promotions of Kurt Schumacher to SVP, national field operations and Joe Gonzalez to area SVP.

Schumacher will lead the company's  nearly 3,500 Advance Auto Parts stores and asset protection. Mr. Schumacher will report to Darren Jackson, president and CEO. Gonzalez will lead store operations in Florida, the Southeast, Puerto Rico, and the Virgin Islands. He will report to Schumacher.

August 9, 2012

Advance Auto Parts reported an 8.2% decrease in its second quarter earnings per diluted share to $1.34 from $1.46 for the same period last year.

ROANOKE, Va. — Advance Auto Parts reported an 8.2% decrease in its second quarter earnings per diluted share to $1.34 from $1.46 for the same period last year.

March 28, 2012

Advance Auto Parts has announced the promotion of Markus Hockenson to SVP store operations effective April 1.

ROANOKE, Va. — Advance Auto Parts has announced the promotion of Markus Hockenson to SVP store operations effective April 1. Hockenson will be responsible for providing strategic direction and leadership to the company’s Midwestern operations, which includes more than 1,200 stores. Hockenson will report to Carl Hauch, SVP national operations and will be based in Denver, Colorado.

March 28, 2012

Advance Auto Parts has announced the promotion of Markus Hockenson to SVP store operations effective April 1.

ROANOKE, Va. — Advance Auto Parts has announced the promotion of Markus Hockenson to SVP store operations effective April 1. Hockenson will be responsible for providing strategic direction and leadership to the company’s Midwestern operations, which includes more than 1,200 stores. Hockenson will report to Carl Hauch, SVP national operations and will be based in Denver, Colorado.

February 17, 2012

Advance Auto Parts achieved record sales, profits and store expansion last year and with many of the economic factors that contributed to its 2011 success, expected to remain in place this year expectations are high that 2012 will be another one for the record books.

New York -- Advance Auto Parts achieved record sales, profits and store expansion last year and with many of the economic factors that contributed to its 2011 success, expected to remain in place this year expectations are high that 2012 will be another one for the record books.
 

February 17, 2012

Advance Auto Parts achieved record sales, profits and store expansion last year and with many of the economic factors that contributed to its 2011 success, expected to remain in place this year expectations are high that 2012 will be another one for the record books.

New York -- Advance Auto Parts achieved record sales, profits and store expansion last year and with many of the economic factors that contributed to its 2011 success, expected to remain in place this year expectations are high that 2012 will be another one for the record books.
 

November 10, 2011

Advance Auto Parts is raising its full year EPS outlook following an impressive 37% increase in third quarter earnings.

ROANOKE, Va. — Advance Auto Parts is raising its full year EPS outlook following an impressive 37% increase in third quarter earnings. According to Mike Norona, EVP and CFO, the company now expects its annual 2011 EPS outlook to be $4.90 to $4.95. For the third quarter, the cmpany reported that earnings per diluted share were $1.41 compared with $1.03 for the same period last year.

August 11, 2011

Advance Auto Parts saw its second-quarter earnings per share jump 26% to $1.46 from $1.16 for the same period last year, as the company looks to further invest in commercial, e-commerce and DIY businesses.

ROANOKE, Va. — Advance Auto Parts saw its second-quarter earnings per share jump 26% to $1.46 from $1.16 for the same period last year, as the company looks to further invest in commercial, e-commerce and DIY businesses.

August 11, 2011

Advance Auto Parts saw its second-quarter earnings per share jump 26% to $1.46 from $1.16 for the same period last year, as the company looks to further invest in commercial, e-commerce and DIY businesses.

ROANOKE, Va. — Advance Auto Parts saw its second-quarter earnings per share jump 26% to $1.46 from $1.16 for the same period last year, as the company looks to further invest in commercial, e-commerce and DIY businesses.

June 13, 2011

Advance Auto Parts announced that Jim Durkin will join Autopart International as president.

ROANOKE, Va. — Advance Auto Parts announced that Jim Durkin will join Autopart International as president. 

“Jim is an experienced executive with a great track record of success in delivering results by building and developing strong teams that sustain their performance over time. We are very excited about the leadership skills he will bring as we continue our growth,” said Roger Patkin, CEO of AI.

June 13, 2011

Advance Auto Parts announced that Jim Durkin will join Autopart International as president.

ROANOKE, Va. — Advance Auto Parts announced that Jim Durkin will join Autopart International as president. 

“Jim is an experienced executive with a great track record of success in delivering results by building and developing strong teams that sustain their performance over time. We are very excited about the leadership skills he will bring as we continue our growth,” said Roger Patkin, CEO of AI.

May 19, 2011

Advance Auto Parts reported that first quarter earnings per diluted share were $1.35 , which was a 13.4% increase over the first quarter last year.

ROANOKE, Va. — Advance Auto Parts reported that first quarter earnings per diluted share were $1.35 , which was a 13.4% increase over the first quarter last year. Net income for the quarter was $109.6 million compared with $109.4 million for the same period last year.