Advance Auto Parts Opening New Stores After Completing Strategic Optimization of U.S. Retail Footprint [Yahoo! Finance]
Advance Auto Parts Inc. (AAP)
Last advance auto parts inc. earnings: 2/18 06:30 am
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Source: Yahoo! Finance
RALEIGH, N.C., March 26, 2025 BUSINESS WIRE )--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers, announced today that it has completed the store closure phase of its transformation plan and is entering its next phase of returning to growth. Optimization of the retail footprint was key to Advance's broader transformation plan to reposition the company for long-term success. Now, more than 75% of the Company's stores are in markets where the company has the No. 1 or No. 2 position based on store density, strengthening its presence in strategic communities. With that phase complete, the Company now expects to open 30 new locations in the United States in 2025 and at least an additional 100 new locations through 2027, including larger "market hubs." Since the beginning of this year, Advance has opened six new stores in Florida, New Jersey, Tennessee and Virgini
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News
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AAP
Earnings
- 10/30/25 - Beat
AAP
Sec Filings
- 12/5/25 - Form 4
- 11/14/25 - Form 4
- 11/14/25 - Form 144
- AAP's page on the SEC website