---
schema_version: "secwatch.filing_event.v1"
accession: "0001158449-22-000229"
form_type: "8-K"
ticker: "AAP"
cik: "0001158449"
company_name: "ADVANCE AUTO PARTS INC"
filed_at: "2022-08-23T23:59:59+00:00"
generated_at: "2026-06-23T21:54:33.965485+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Advance Auto Parts Q2 adj. EPS $3.74 (+10%) but comp sales -0.6%; lowers FY guidance

## Summary
- Net sales of $2.7B (+0.6% YoY); comparable store sales fell 0.6% due to DIY omnichannel pressure.
- GAAP diluted EPS $2.38 (-13.1%); adjusted diluted EPS $3.74 (+10.0%).
- Adjusted operating income margin 11.7%, a 7-year high, up 34 bps YoY.
- Lowered FY 2022 guidance: net sales $11.0-11.2B (prev. $11.2-11.5B), adj. EPS $12.75-13.25 (prev. $13.30-13.85).
- Returned $291M to shareholders via buybacks and dividends; $1.1B remaining under buyback program.

## SEC filing metadata
- accession: 0001158449-22-000229
- form_type: 8-K
- ticker: AAP
- cik: 0001158449
- company_name: ADVANCE AUTO PARTS INC
- filed_at: 2022-08-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1158449/000115844922000229/0001158449-22-000229-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1158449/000115844922000229/aap-20220823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001158449-22-000229
- JSON: https://secwatch.observer/filing/0001158449-22-000229.json
- Plain text: https://secwatch.observer/filing/0001158449-22-000229.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.