Advance Auto Parts, Inc. Overview
Pro stress-test →Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of January 3, 2026, Advance operated 4,305 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The company is executing a significant turnaround strategy after years of operational challenges.
Strategic Profile
Pro stress-test →The company returned to full year positive comparable sales growth following three years of negative results and expanded adjusted operating income margin by over 200-basis points. The company has closed some of its more unprofitable locations, focusing more on larger hub stores that have higher margins and allow for a more organized supply chain, and expects to open 40 to 45 stores this year, with 10 to 15 of them as hub locations. This restructuring positions the company for sustainable profitability.
Competitive Landscape
Pro stress-test →Advance Auto Parts is an automotive aftermarket parts provider classified in the Retail Trade sector and operates in the automotive parts and accessories stores industry, focusing on supplying parts and related products that support maintenance and repair needs across a broad range of vehicles. The company competes primarily against larger independent retailers and regional players in a fragmented $150B+ US aftermarket.
Industry Context
Advance Auto Parts, Inc. operates in Automotive Aftermarket Retail.
Key facts
Founded: 1932 · Headquarters: Raleigh, NC · Employees: Not available · Revenue: $8.5B (2026 guidance) · Market cap: $3.4B