Advance Auto Parts Files 2023 10-K

Ticker: AAP · Form: 10-K · Filed: 2024-03-12T00:00:00.000Z

Sentiment: neutral

Topics: 10-K, annual-report, financials

TL;DR

AAP 2023 10-K is in. Full year financials and strategy details out now.

AI Summary

Advance Auto Parts Inc. filed its 2023 10-K on March 12, 2024, reporting on its fiscal year ending December 30, 2023. The filing details the company's financial performance and operational status. Key financial data and strategic information are presented for investors and stakeholders.

Why It Matters

This filing provides a comprehensive overview of Advance Auto Parts' financial health and operational strategies for the past fiscal year, crucial for understanding the company's current standing and future prospects.

Risk Assessment

Risk Level: medium — The filing is a standard annual report, but the auto parts retail sector can be subject to economic fluctuations and competitive pressures.

Key Numbers

Key Players & Entities

FAQ

What is the fiscal year end date for this 10-K filing?

The fiscal year end date is 20231230.

When was this 10-K filed with the SEC?

This 10-K was filed on 20240312.

What is the company's name?

The company's name is ADVANCE AUTO PARTS INC.

What is the company's principal business address?

The company's principal business address is 4200 SIX FORKS ROAD, RALEIGH, NC 27609.

In which state was Advance Auto Parts Inc. incorporated?

Advance Auto Parts Inc. was incorporated in DE.

From the Filing

0001158449-24-000048.txt : 20240312 0001158449-24-000048.hdr.sgml : 20240312 20240312162841 ACCESSION NUMBER: 0001158449-24-000048 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 100 CONFORMED PERIOD OF REPORT: 20231230 FILED AS OF DATE: 20240312 DATE AS OF CHANGE: 20240312 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCE AUTO PARTS INC CENTRAL INDEX KEY: 0001158449 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO & HOME SUPPLY STORES [5531] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 542049910 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16797 FILM NUMBER: 24742508 BUSINESS ADDRESS: STREET 1: 4200 SIX FORKS ROAD CITY: RALEIGH STATE: NC ZIP: 27609 BUSINESS PHONE: 5403624911 MAIL ADDRESS: STREET 1: 4200 SIX FORKS ROAD CITY: RALEIGH STATE: NC ZIP: 27609 10-K 1 aap-20231230.htm 10-K aap-20231230 false FY 0001158449 2023 P3Y P5Y P3Y http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccountsPayableCurrent 0001158449 2023-01-01 2023-12-30 0001158449 2023-07-15 iso4217:USD 0001158449 2024-03-05 xbrli:shares 0001158449 2023-10-08 2023-12-30 0001158449 2023-12-30 0001158449 2022-12-31 iso4217:USD xbrli:shares 0001158449 2022-01-02 2022-12-31 0001158449 2021-01-03 2022-01-01 0001158449 us-gaap:CommonStockMember 2021-01-02 0001158449 us-gaap:AdditionalPaidInCapitalMember 2021-01-02 0001158449 us-gaap:TreasuryStockCommonMember 2021-01-02 0001158449 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-02 0001158449 us-gaap:RetainedEarningsMember 2021-01-02 0001158449 2021-01-02 0001158449 us-gaap:RetainedEarningsMember 2021-01-03 2022-01-01 0001158449 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-03 2022-01-01 0001158449 us-gaap:CommonStockMember 2021-01-03 2022-01-01 0001158449 us-gaap:AdditionalPaidInCapitalMember 2021-01-03 2022-01-01 0001158449 us-gaap:TreasuryStockCommonMember 2021-01-03 2022-01-01 0001158449 us-gaap:CommonStockMember 2022-01-01 0001158449 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 0001158449 us-gaap:TreasuryStockCommonMember 2022-01-01 0001158449 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 0001158449 us-gaap:RetainedEarningsMember 2022-01-01 0001158449 2022-01-01 0001158449 us-gaap:RetainedEarningsMember 2022-01-02 2022-12-31 0001158449 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-02 2022-12-31 0001158449 us-gaap:AdditionalPaidInCapitalMember 2022-01-02 2022-12-31 0001158449 us-gaap:CommonStockMember 2022-01-02 2022-12-31 0001158449 us-gaap:TreasuryStockCommonMember 2022-01-02 2022-12-31 0001158449 us-gaap:CommonStockMember 2022-12-31 0001158449 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001158449 us-gaap:TreasuryStockCommonMember 2022-12-31 0001158449 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001158449 us-gaap:RetainedEarningsMember 2022-12-31 0001158449 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-30 0001158449 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-30 0001158449 us-gaap:CommonStockMember 2023-01-01 2023-12-30 0001158449 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-30 0001158449 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-12-30 0001158449 us-gaap:CommonStockMember 2023-12-30 0001158449 us-gaap:AdditionalPaidInCapitalMember 2023-12-30 0001158449 us-gaap:TreasuryStockCommonMember 2023-12-30 0001158449 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-30 0001158449 us-gaap:RetainedEarningsMember 2023-12-30 0001158449 aap:StoresMember 2023-12-30 aap:store 0001158449 aap:BranchesMember 2023-12-30 0001158449 aap:IndependentlyownedCarqueststorelocationsMember 2023-12-30 0001158449 2023-01-01 2023-10-07 0001158449 srt:MinimumMember us-gaap:SoftwareDevelopmentMember 2023-12-30 0001158449 us-gaap:SoftwareDevelopmentMember srt:MaximumMember 2023-12-30 aap:segment 0001158449 aap:PartsAndBatteriesMember 2023-01-01 20

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