Advance Auto Parts Files 8-K

TL;DR

AAP filed an 8-K on Nov 13, 2024, reporting a material agreement and financial docs.

AI Summary

On November 13, 2024, Advance Auto Parts, Inc. filed an 8-K report. The filing indicates the company entered into a material definitive agreement and also includes financial statements and exhibits. Specific details of the agreement or financial figures were not provided in the excerpt.

Why It Matters

This filing signals a significant event for Advance Auto Parts, Inc., potentially involving new contractual obligations or financial disclosures that could impact investors and stakeholders.

Risk Assessment

Risk Level: low — The filing is a standard procedural report and does not contain specific negative or positive financial news in the provided excerpt.

Key Players & Entities

• ADVANCE AUTO PARTS, INC. (company) — Registrant
• November 13, 2024 (date) — Date of earliest event reported
• 4200 Six Forks Road (address) — Principal executive offices
• Raleigh (location) — City of principal executive offices
• North Carolina (location) — State of principal executive offices
• 27609 (zip_code) — ZIP code of principal executive offices
• 5403624911 (phone_number) — Registrant's telephone number

FAQ

From the Filing

0001193125-24-257954.txt : 20241114 0001193125-24-257954.hdr.sgml : 20241114 20241114063059 ACCESSION NUMBER: 0001193125-24-257954 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20241113 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241114 DATE AS OF CHANGE: 20241114 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: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16797 FILM NUMBER: 241456975 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 8-K 1 d845415d8k.htm 8-K 8-K ADVANCE AUTO PARTS INC false 0001158449 0001158449 2024-11-13 2024-11-13     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 13, 2024       ADVANCE AUTO PARTS, INC. (Exact name of registrant as specified in its charter)       Delaware   001-16797   54-2049910 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.) 4200 Six Forks Road , Raleigh , North Carolina 27609 (Address of principal executive offices) (Zip Code) (540) 362-4911 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:     ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)     ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)     ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))     ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $0.0001 par value   AAP   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       INFORMATION TO BE INCLUDED IN THE REPORT Item 1.01 Entry into a Material Definitive Agreement. On November 13, 2024, Advance Auto Parts, Inc. (the “Company”) entered into Amendment No. 5 to the Credit Agreement, dated November 9, 2021, by and among the Company, as Borrower, Advance Stores Company, Incorporated, as a Guarantor, the lenders party thereto, and Bank of America, N.A., as administrative agent (the “2021 Credit Agreement”). Amendment No. 5 (i) permits up to $575 million of certain restructuring charges to be added back to Consolidated EBITDAR (as defined therein), (ii) permits up to $800&#