NYSE-listed (AAP) automotive aftermarket retailer at $11.3B revenue with 4,700+ stores; sold Worldpac in 2024 to focus on retail competing with AutoZone and O'Reilly for US automotive parts market.
Advance Auto Parts is a Raleigh, North Carolina-based automotive aftermarket parts retailer — listed on NYSE (NYSE: AAP) — operating 4,700+ stores across North America selling auto parts, accessories, batteries, and maintenance products to both DIY consumers and professional automotive repair shops (the DIFM — Do It For Me — segment) through its Advance Auto Parts, Carquest Auto Parts, and Worldpac wholesale distribution brands. Founded in 1932 and generating $11.3 billion in revenue in fiscal year 2024, Advance Auto Parts is the third-largest US automotive parts retailer (after AutoZone and O'Reilly Automotive) serving the $80 billion+ US automotive aftermarket.
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