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Corporate Profile

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of December 31, 2022, Advance operated 4,770 stores and 316 Worldpac branches primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The company also served 1,311 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services, and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com.

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Why Advance

Advance is a leading automotive aftermarket parts provider, serving both professional installers and Do-It-Yourself customers, with a differentiated position to deliver long-term sustainable growth:

  • Advantaged digital capabilities
  • Unified professional operating model creates scale
  • Innovating DIY omnichannel

Advance is investing in long-term growth through the business to build a competitive advantage and enhancing our Customer Value Proposition:

  • Investing in important information technology enhancements and Supply Chain optimization
  • Investing in our people as they are "our best part"
  • Building our brand and driving omnichannel improvments

Significant opportunity to increase shareholder value through:

  • Top-line growth
  • Margin expansion through meaningful cost reduction and productivity initiatives
  • Disciplined cash flow management to enable continued growth

Dedicated to social responsibility through:

  • Environmentally responsible business practices focused on leaving the world a better place for future generation
  • Championing diversity and inclusion in our workforce while providing meaningful growth and development opportunities for our Team Members
  • Dedication to supporting the communities in which we live and serve through focused support of Health & Wellness, Education and Veteran organizations

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