---
schema_version: "secwatch.filing_event.v1"
accession: "0001158449-23-000032"
form_type: "8-K"
ticker: "AAP"
cik: "0001158449"
company_name: "ADVANCE AUTO PARTS INC"
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T21:01:21.492034+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AAP Q4 adj. EPS $2.88 (+39% YoY); FY22 GAAP EPS $8.27; guides FY23 EPS $10.20-$11.20

## Summary
- Q4 net sales $2.5B (+3.2%), comp store sales +2.1%.
- Q4 adj. diluted EPS $2.88 (+39% vs $2.07); GAAP diluted EPS $1.79 (+37.7%).
- Full year net sales $11.2B (+1.4%); GAAP diluted EPS $8.27 (-13.4% YoY).
- Full year free cash flow $298.2M vs $822.6M prior year.
- FY23 guidance: net sales $11.4B-$11.6B, operating margin 7.8%-8.2%, diluted EPS $10.20-$11.20.

## SEC filing metadata
- accession: 0001158449-23-000032
- form_type: 8-K
- ticker: AAP
- cik: 0001158449
- company_name: ADVANCE AUTO PARTS INC
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1158449/000115844923000032/0001158449-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1158449/000115844923000032/aap-20230228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001158449-23-000032
- JSON: https://secwatch.observer/filing/0001158449-23-000032.json
- Plain text: https://secwatch.observer/filing/0001158449-23-000032.txt

## Key facts
- Earnings Releases
  ADVANCE AUTO PARTS INC reported fourth quarter and year ended December 31, 2022 results: revenue $2.5 billion, EPS $1.79.
  - Period: fourth quarter and year ended December 31, 2022
  - Revenue: $2.5 billion
  - EPS: $1.79
  - Result: reported results
  source text: specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Advance Auto Parts Reports Fourth Quarter and Full Year 2022 Results Fourth Quarter Net Sales Increased 3.2% to $2.5 Billion; Comparable Store Sales Increased 2.1% Operating Income Margin Increased 64 Basis Points; Adjusted Operating Income Margin Increased 146 Basis Points Full Year Net Sales
  evidence_url: https://www.sec.gov/Archives/edgar/data/1158449/000115844923000032/0001158449-23-000032-index.htm
- Earnings Releases
  ADVANCE AUTO PARTS INC reported full year ended December 31, 2022 results: revenue $11.2 billion, EPS $8.27.
  - Period: full year ended December 31, 2022
  - Revenue: $11.2 billion
  - EPS: $8.27
  - Result: reported results
  source text: Store Sales Increased 2.1% Operating Income Margin Increased 64 Basis Points; Adjusted Operating Income Margin Increased 146 Basis Points Full Year Net Sales Increased 1.4% to $11.2 Billion; Comparable Store Sales Increased 0.3% Operating Income Margin Decreased 122 Basis Points; Adjusted Operating Income Margin Increased 24 Basis Points Diluted EPS Decreased 13.4%;
  evidence_url: https://www.sec.gov/Archives/edgar/data/1158449/000115844923000032/0001158449-23-000032-index.htm

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