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Advance Stores Company Inc (500) logoAS

Advance Stores Company Inc (500)

About

Advance Auto Parts is a publicly traded automotive aftermarket parts retailer founded in 1932 and headquartered in Raleigh, North Carolina. The company operates approximately 4,305 Advance-branded stores across the United States, Canada, Puerto Rico, and the U.S. Virgin Islands, alongside 281 Carquest company-operated locations and a network of 934 independently owned Carquest retailers extending into Mexico and the Caribbean. With roughly 62,800 team members and 2024 revenue of $9.09 billion, Advance Auto Parts ranks among North America's largest automotive parts retailers.

The company serves two primary customer segments: professional installers and do-it-yourself customers. Products span the full range of automotive aftermarket parts and related accessories, distributed through company-operated retail locations and e-commerce channels. This dual-channel approach allows the business to serve customers through both physical stores and online sales, with inventory and logistics infrastructure supporting both the company's direct operations and the independent Carquest retailer network across its geographic footprint.

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