As inventory and supply chain issues slowly dissipate, aftermarket auto parts retailer Advance Auto Parts showed incremental growth at the end of 2022. Reporting Q4 2022 earnings on Tues. (Feb. 28), Advance Auto Parts management took a positive outlook on 2023 despite lingering uncertainty about...
The parade of retail executives invoking “resilience” in their earnings reports last week was as long as it was diverse. In what was a literal stream of verbal confidence, leader after leader offered fresh business insights from a range of retail categories, telling analysts, in...
Today in data, new reports show consumers are keeping their cars longer and demanding new kinds of vehicles. Data 45M: Number of electric vehicles (EVs) and hybrids that will be on the road by 2030, according to projections from Advance Auto Parts 8.4M: Number of...
The American love affair with cars may still be intact but that special, 100-year-old relationship has never faced more changes and challenges at one time than it is right now. Consumers are not only keeping their cars longer with the average vehicle age rising about 12...
February 28, 2023
As inventory and supply chain issues slowly dissipate, aftermarket auto parts retailer Advance Auto Parts showed incremental growth at the end of 2022. Reporting Q4 2022 earnings on Tues. (Feb. 28), Advance Auto Parts management took a positive outlook on 2023 despite lingering uncertainty about the year to come. “In 2022, our team members once […]
November 16, 2021
Car parts retailer Advance Auto Parts, Inc. on Monday (Nov. 15) reported that net sales for the third quarter were up 3.1% to $2.6 billion, with comparable sales also increased...
November 04, 2021
Car parts retailer Advance Auto Parts on Thursday (Nov. 4) rolled out Carquest by Advance, targeting the do-it-yourself approach to automotive repair and independent owners who get more operations and...
August 24, 2021
As drivers return to the road, they’re putting more miles on their cars — and that means they need parts and services. That could explain why Advance Auto Parts, an...
