We are a leader in the automotive aftermarket industry, with over 5,000 company-operated stores and branches in the United States, Canada, Puerto Rico, and the Virgin Islands. We also serve more than 1,200 independently-owned Carquest-branded stores across these locations, in addition to Mexico, the Bahamas, Turks and Caicos, British Virgin Islands, and Pacific Islands. We wouldn’t be able to say “YES!” to our Customers without our valuable 70,000-plus
(1) Free cash flow is a non-GAAP measure and should be considered in addition to, but not as a substitute for, information contained in our “Consolidated Statements of Cash Flows” that can be found on page F-6 in our 2017 Form 10-K included in this annual report. Free cash flow of $411 million can be reconciled to net cash provided by operating activities on a GAAP basis of $601 million by adding back purchases of property and equipment of $190 million. (2) Diluted earnings per share have been reported on an adjusted basis to exclude certain non-operational and non-cash expenses in 2017 and 2016, including General Parts International, Inc. (“GPI”) integration and store consolidation costs, amortization of GPI acquired intangible assets, transformation expenses and the net impact of the Tax Cuts and Jobs Act. A reconciliation of the adjusted financial results to the most comparable GAAP results for 2017 and 2016 can be found on pages 17 and 21 of “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our 2017 Form 10-K included in this annual report.Download 10-K
Thomas R. Greco
Michael T. Broderick
Robert B. Cushing
Tammy M. Finley
Natalie S. Schechtman
Jeffrey W. Shepherd
Jeffrey C. Smith (*)
John F. Bergstrom (2‡)
John C. Brouillard (3)
Brad W. Buss (1‡,3)
Fiona P. Dias (2,3)
John F. Ferraro (4‡,1)
Thomas R. Greco
Adriana Karaboutis (1,4)
Eugene I. Lee, Jr. (2,4)
William S. Oglesby (2,3‡)
Reuben E. Slone (1,3)
*Chairman of the Board ‡Committee Chair
Committee Membership: 1 – Audit 2 – Compensation 3 – Finance 4 – Nominating and Corporate Governance
We are driving sustainable growth through significant investments in our Team Members, caring for our Customers, and giving back to the communities where we live and serve.
We’re committed to becoming an industry leader in workplace diversity and promoting a positive culture. Our Team Member Networks expanded in 2017 and continue to empower growth and diversity across the company that embody the Cultural Beliefs of Advance.
We invested heavily throughout 2017 to grow talent, while providing current Team Members new training and development opportunities. We introduced our Be An Owner incentive program in 2017 to recognize top performers in both our Customer Support Center and Supply Chain teams.
We empower our Team Members by trusting in their expertise, while investing in advanced training and incentive programs. Our Fuel the Frontline program recognized top-performing frontline Team Members by rewarding them with company stock!
In 2017, we recycled 5,809,604 gallons of oil.
That’s enough oil for over 2 million families to take cross-country road trips.
In 2017, we recycled 130,315 tons of lead-acid Batteries.
That’s enough battery charge to power over 6 million medium-sized vehicles.
We recycled 40,810 gallons of antifreeze/coolant in 2017. We are expanding this recycling program to even more stores next year.
That’s over 900-million miles of antifreeze/coolant protection.
DIY customers now enjoy a mobile-friendly shopping experience on our newly enhanced website, separating us from the competition.
We now offer even more parking lot services to our DIY Customers, including free engine code scanning and additional “perks” for our Speed Perks members.
With more than 5,000 locations, our knowledgeable Team Members are here to help you find the right part, getting you back on the road.
"Advancing a World in Motion"
"Let's Get You Back on the Road"
"Passion For Customers…Passion For YES!"
Professional Customers now have access to a broader range of inventory across one platform, making shopping with us better than ever.
AdvancePro allows our Professional Customers to shop online and fully access our common catalog anywhere and time.
30,000 technicians trained yearly at Carquest Technical Institute (CTI) and WORLDPAC Technical Institute (WTI).
"Just wanted to say thank you again to my guys at Atascocita Store #7857 for getting me "Back on the Road" after an outrageous estimate from a national chain shop. Doing the work and research myself with help from y'all saved me over $500! Thank you for your smart and friendly service!"
Leslie McKee Lormann, Atascocita, Texas
"My husband has been an employee in Houston for 6 years – thank you for taking care of our family during #Harvey"
Sara Caron, Houston, TX
"Give Renee at your Garner, NC location some love! She fixed my car today - when no one else could.#WomenLead #STEM She installed the battery I bought @AdvanceAuto. Terminal wasn't fitting properly, & she fixed it. Second time Renee has helped me!"
Nanette George, Garner, NC
"I just wanted to say how much I really appreciated the efforts of your employee Nick at your Ambridge, PA location this evening. I needed a battery replaced in 18-degree weather. He spent a good half hour working on it in the extreme conditions because it was corroded. He was very professional and did a top-notch job! Kudos!"
Dann Carr, Ambridge, PA
"I was in Chattanooga, TN a few weeks ago and got a check engine light. I stopped by Store #1486 and one of the employees there, Mr. Dewayne Meadows, was kind enough to read the code for me. Luckily it was just a gas cap that was not tightened down, but since it was the first day of a 5-day vacation, it was certainly a relief to know that there wasn't anything seriously wrong. Mr. Meadows was knowledgeable, courteous, and very friendly. I just wanted you to know what an asset he is to your company. Thanks again."
Joe Rhoades, Warner Robins, GA
"I would just like to take a moment to tell you about 2 stellar employees at your Store # 02672 on Auburn Drive in Virginia Beach, VA. In my opinion they went above and beyond last night to help me and my daughter. The employees’ names are Dustin and Alfredo."
Melissa Lynn Noble, Virginia Beach, VA
"My words fall short of my appreciation for Dustin's help from the Advance Auto Parts store in Vicksburg, MS! He is a great asset to your company!"
Lane Beasley, Vicksburg, MS
"I just wanted to let you know what a great experience I had in store #6270 earlier this morning. I was happy to see that your prices on the Rain-X wiper blades were significantly cheaper than Auto Zone's prices AND you have great customer service too. Joe was more than happy to pop on my new blades for me. I just wanted to give him a shout out and to let you know that you have great employees in that store who you should reward for doing a great job."
Kay McCampbell, Cartersville, GA