Advance Auto Parts Inc
Company Profile
Business description
Advance Auto Parts is a leading auto parts retailer in North America with more than 5,000 store and branch locations. About 60% of the firm’s sales are geared toward the professional channel, with the remaining 40% going to the do-it-yourself market. Through its vast store footprint and distribution network, Advance manages thousands of stock-keeping units conducive to various vehicle makes and models. The retailer primarily competes on the basis of inventory availability and service speed, making the operating efficiency of its hub and spoke distribution model critical to meeting customer needs.
Contact
4200 Six Forks Road
RaleighNC27609
USAT: +1 540 362-4911
E: invrelations@advance-auto.com
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Specialty Retail
Fiscal Year End
31 December 2024
Employees
69,000
Morningstar Investment Ideas
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