Advance Auto Parts, Inc.
0H9G.L
London Stock Exchange54.19
USD
-2.09
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Advance Auto Parts, Inc.
0H9G.L
(London Stock Exchange)
Recent
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54.19
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div
yld
- -
ROIC.AI
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- Business
- Advance Auto Parts, Inc. (0H9G.L) is a leading automotive aftermarket parts provider serving professional installers and do-it-yourself customers with a network of approximately 4,285 company-operated stores primarily in the United States, plus locations in Canada, Puerto Rico, and the U.S. Virgin Islands, in addition to supporting 881 independently owned Carquest branded stores across these regions, Mexico, and various Caribbean islands; the company retails batteries and accessories, belts and hoses, brakes and pads, chassis and climate control parts, clutches and drive shafts, engines and components, exhaust systems, hub assemblies, ignition parts and wires, radiators and cooling systems, starters and alternators, steering and alignment components, air filters, fuel and oil additives, fuel filters, grease and lubricants, motor oil, oil filters, transmission fluid, part cleaners, treatments, and tools through physical stores, AdvanceAutoParts.com, and its mobile app. Headquartered in Raleigh, North Carolina, and founded in 1929, Advance Auto Parts targets owners of domestic and imported cars, vans, SUVs, and light- and heavy-duty trucks. Recent developments include the completed sale of its Worldpac distributor unit to Carlyle Group for $1.5 billion in November 2024 to streamline operations and fund core business improvements; completion of a store optimization plan closing over 700 locations and four distribution centers; and a shift to expansion with 30 new U.S. stores opened or planned for 2025—including larger market hub formats in states such as Florida, Illinois, Maryland, Ohio, Virginia, and Wisconsin—aiming for at least 100 additional locations through 2027 to enhance parts availability, same-day delivery, and customer experience via upgraded layouts, inventory management, and staff training.