Advance Auto Parts releases preliminary Q2 financial highlights

by | Jul 24, 2025 | 0 comments

Advance Auto Parts, Inc., a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers announced preliminary second quarter 2025 financial highlights.

“Our team remains focused on implementing our strategic initiatives to improve business performance. We are pleased to share preliminary second-quarter financial results, which align with the upper range of our expectations, demonstrating progress in our turnaround efforts,” said Shane O’Kelly, president and chief executive officer.

“Today, we are announcing proactive debt financing transactions, aimed at preserving financial flexibility for the business as we continue to execute our initiatives.”

“We are working closely with our banking partners to establish a revised debt financing structure that we believe serves as a bridge toward re-attainment of an investment grade credit rating in the future,” said Ryan Grimsland, executive vice president and chief financial officer.

“As we navigate the dynamic macro-economic environment, the additional liquidity generated from our financing plans will support the new asset-backed revolving loan facility and commitments under the supply chain financing program utilized by our vendors. We believe that our revised debt structure will position us to maintain continued access to this program while providing us the optionality to optimize the program for the long-term.”

Preliminary Second Quarter 2025 Financial Highlights

Based on preliminary unaudited financials for the second quarter ended July 12, 2025, the company expects to report the following (in USD):

  • Net sales: $1.98 billion to $2.00 billion
  • Year-over-year comparable store sales percent change: 0.0% to +0.1%
  • Adjusted operating income margin(1): 2.8% to 3.0%

The Company expects to report financial results for the second quarter ended July 12, 2025 before the market opens on Thursday, August 14, 2025.

About Advance Auto Parts

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. As of April 19, 2025, Advance operated 4,285 stores primarily within the United States, with additional locations in Canada, Puerto Rico, and the U.S. Virgin Islands. The company also served 881 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services, and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *