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Advance Auto Parts, Inc. Profile and Vital Financial Information

Advance Auto Parts AAP
Search Advance Auto Parts website and find the section called "Investor Relations" to obtain the financial information of the company over the past several years. Answer the following questions:
1. Provide a brief description of the Advance Auto Parts Inc, its main business and operational activities and a short synopsis of the main developments of the company over the past few years. Current stock price of the company. Company sales/revenue for the past three years (e.g., 2010, 2011, 2012). Company profitability (net income) for the past three years. Total assets for the past three years. Total liabilities for the past three years. Owners' equity for the past three years. Other financial information you find relevant. Find out what you can about Advance Auto Parts Inc IPO.

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Advance Auto Parts AAP

1. Provide a brief description of the Advance Auto Parts Inc, its main business and operational activities and a short synopsis of the main developments of the company over the past few years.

Advance Auto Parts, Inc. is a retailer of "automotive aftermarket parts, accessories, batteries, and maintenance items" (Yahoo Finance, 2014).

As of December 29, 2012, the Company operated 3,576 AAP stores throughout 39 states in the Northeastern, Mid-Atlantic, Southeastern and Midwestern (inclusive of South Central) regions of the United States, Puerto Rico and the Virgin Islands (Reuters, 2014).
In 2013, Advance Auto Parts Inc. increased its cash reserves by $514.36 million. The company generated $331.22 million cash from financing while $2.04 billion was spent on acquiring one new company (NYSE Services, n.d.).

In January 2014, Advance Auto Parts, Inc. acquired General Parts International, Inc. (Reuters, 2014).

As of April 19, 2014 Advance operated 5,276 company-operated stores, 105 Worldpac branches, and served approximately 1,400 independently owned Carquest branded stores in 49 states, Puerto Rico, the Virgin Islands and Canada. Advance employs approximately 74,000 Team Members (Advance Stores Company, n.d ...

Solution Summary

This is a brief discussion of Advance Auto Parts, Inc. sales/revenue, liabilities, net income, and stockholders equity for the 2010, 2011, and 2012.

$2.19