Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of December 29, 2018, Advance operated 4,966 stores and 143 Worldpac branches in the United States, Canada, Puerto Rico and the U.S. Virgin Islands. The Company also serves 1,231 independently owned Carquest branded stores across these locations in addition to Mexico, the Bahamas, Turks and Caicos, British Virgin Islands and Pacific 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.
(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 35 in our 2018 Annual Report on Form 10-K. Free cash flow of $617 million can be reconciled to net cash provided by operating activities on a GAAP basis of $811 million by adding back purchases of property and equipment of $194 million. (2) Diluted earnings per share have been reported on an adjusted basis to exclude certain non-operational and non-cash expenses in 2018 and 2017, including General Parts International, Inc. (“GPI”) integration and store closure and consolidation expenses, GPI amortization of 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 2018 and 2017 can be found on pages 17 and 20 of “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our 2018 Annual Report on Form 10-K.Download 10-K
Thomas R. Greco
Michael T. Broderick
Robert B. Cushing
Tammy M. Finley
Natalie S. Schechtman
Jeffrey W. Shepherd
Ruben E. Slone
Through championing diversity and inclusion in our workforce, providing development and growth opportunities for our Team Members, ensuring safe working conditions, reducing our environmental impacts , and importantly, participating in and contributing to the communities where we live and serve, we are proud of the culture we are creating at Advance.
"More kindness and respect from employees creates customer loyalty, thanks @AdvanceAuto on Colerain, you have a loyal customer now."
– Joe from Cincinnati, OH
"Many thanks to Guy in Chardon for replacing my battery in the frigid, windy cold weather today""
– Michele from Chardon, OH
"New Ulm, Minnesota's #AdvanceAutoParts store rocks! Great, polite and friendly service!"
– Kerry from Minnesota
"Just want to give a shout out to Store 7376 Rice St, St. Paul!! Hands down best group around. They go above and beyond every time!"
– Shawn from Circle Pines, MN