Advance Auto Parts
American auto parts retailer / From Wikipedia, the free encyclopedia
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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]
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Advance Auto Parts in Cairo, Georgia | |
Company type | Public |
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Industry | Auto Parts Retail |
Founded | April 29, 1932; 92 years ago (1932-04-29) |
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) |
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Products | Replacement automotive parts & accessories |
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Number of employees | 69,000 (2023) |
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Website | advanceautoparts |
Footnotes / references [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]