Advance Auto Parts Inc. (AAP)
Frequently Asked Questions About Advance Auto Parts Inc. (AAP)
Does Advance Auto Parts offer commercial services?
Yes, Advance Auto Parts offers a range of commercial services designed to support automotive repair businesses and fleets, including dedicated account management, bulk buying options, and specialized products tailored for automotive professionals.
Does Advance Auto Parts offer online shopping?
Yes, Advance Auto Parts provides a comprehensive online shopping experience, allowing customers to browse products, check store availability, and place orders for delivery or in-store pickup through their website and mobile app.
How does Advance Auto Parts handle customer service?
Advance Auto Parts prioritizes customer service through various channels, including in-store assistance, online support, and customer service hotlines. The company focuses on addressing customer inquiries efficiently and providing expert advice for automotive needs.
How does Advance Auto Parts support customers with DIY projects?
Advance Auto Parts supports customers with DIY projects by offering resources such as how-to videos, technical advice, and in-store support from knowledgeable staff. The company also offers free services like battery testing and installation on certain products.
How many stores does Advance Auto Parts operate?
As of the latest available data, Advance Auto Parts operates approximately 4,800 stores across the United States, Canada, and Mexico, making it one of the largest retailers in the automotive aftermarket.
Is Advance Auto Parts involved in any community initiatives?
Yes, Advance Auto Parts is engaged in various community initiatives, including partnerships with local organizations, educational programs focused on automotive technology, and initiatives to support military veterans and their families.
What are the company's sustainability initiatives?
Advance Auto Parts is committed to sustainability through various initiatives, including waste reduction, energy efficiency programs in stores, and responsible sourcing practices. The company aims to reduce its environmental footprint while providing eco-friendly products to customers.
What are the future growth prospects for Advance Auto Parts?
The future growth prospects for Advance Auto Parts appear positive as the automotive aftermarket continues to expand. The company aims to enhance its digital capabilities, improve customer engagement, and grow its market share through innovative services and product offerings.
What does Advance Auto Parts Inc. do?
Advance Auto Parts Inc. is a leading retailer and supplier of automotive replacement parts, accessories, and maintenance items in North America. The company operates through both company-owned stores and a vast network of independent distributors, providing customers with a wide selection of products and services to maintain and repair their vehicles.
What is the company's return policy?
Advance Auto Parts typically offers a hassle-free return policy, allowing customers to return unused products within 30 days of purchase with a valid receipt. Certain exclusions may apply, especially for special orders or electrical parts.
What is the stock performance history of Advance Auto Parts?
Advance Auto Parts has experienced fluctuating stock performance since its initial public offering, with various factors impacting its share price, including market demand for auto parts, overall economic conditions, and company-specific initiatives. Investors should refer to recent financial summaries for updated analyses.
What sets Advance Auto Parts apart from its competitors?
Advance Auto Parts distinguishes itself from competitors through its extensive inventory, commitment to customer service, and access to automotive expertise. The company's additional services, such as free diagnostics and installation, provide added value to customers.
What technology does Advance Auto Parts use to enhance customer experience?
Advance Auto Parts utilizes cutting-edge technology to enhance customer experience, including mobile applications for shopping, an integrated e-commerce platform for convenience, and advanced inventory management systems to ensure product availability and quick service.
What type of customer loyalty program does Advance Auto Parts offer?
Advance Auto Parts offers a loyalty program called Speed Perks, which provides customers with discounts, promotional offers, and rewards points for purchases. Members can earn points on qualifying purchases and receive special promotions based on their shopping history.
What types of products does Advance Auto Parts sell?
Advance Auto Parts offers a wide range of products including automotive batteries, brakes, engine parts, lighting, and other essential maintenance parts. They also provide tools, accessories, and fluids necessary for vehicle upkeep.
When was Advance Auto Parts founded?
Advance Auto Parts was founded in 1932 as the Advance Stores Company, and it has since grown and rebranded to become one of the top automotive parts retailers in the United States, with a significant presence in Mexico and Canada as well.
Where is the headquarters of Advance Auto Parts located?
The headquarters of Advance Auto Parts is located in Raleigh, North Carolina. This central hub supports the company's operations across its extensive network of stores and online platforms.
Who are the main competitors of Advance Auto Parts?
The primary competitors of Advance Auto Parts include AutoZone, O'Reilly Automotive, and NAPA Auto Parts. These companies also operate extensive networks of retail stores and provide similar products and services in the automotive aftermarket.
Who is the current CEO of Advance Auto Parts?
As of the latest available information, the CEO of Advance Auto Parts is Thomas Greco. He assumed this role in 2016 and has been steering the company towards growth and innovation in the automotive retail landscape.
What is the current price of Advance Auto Parts Inc.?
The current price of Advance Auto Parts Inc. is 35.01
When was Advance Auto Parts Inc. last traded?
The last trade of Advance Auto Parts Inc. was at 7:00 pm EDT on April 4th, 2025
What is the market capitalization of Advance Auto Parts Inc.?
The market capitalization of Advance Auto Parts Inc. is 2.29B
How many shares of Advance Auto Parts Inc. are outstanding?
Advance Auto Parts Inc. has 65.44M shares outstanding.