{"schema_version":"secwatch.filing_event.v1","accession":"0001158449-23-000201","form_type":"8-K","ticker":"AAP","cik":"0001158449","company_name":"ADVANCE AUTO PARTS INC","filed_at":"2023-08-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.252557+00:00","generated_at":"2026-06-11T04:39:41.486448+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Advance Auto Parts Q2 EPS $1.43 vs $2.38 YoY; cuts FY2023 guidance to $4.50-$5.10","bullets":["Net sales $2.7B (+0.8%); comp store sales -0.6%; operating income margin 5.0% vs 7.6% prior year.","Diluted EPS $1.43 vs $2.38 YoY; net cash used in operations $164.6M vs $308.5M provided.","FY2023 guidance cut: EPS now $4.50-$5.10 (prior $6.00-$6.50); operating margin 4.0%-4.3%.","Initiated comprehensive operational and strategic review; Shane O'Kelly named next CEO.","Regular dividend $0.25/share declared; payable Oct 27, 2023, record Oct 13, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001158449-23-000201","json":"https://secwatch.observer/filing/0001158449-23-000201.json","markdown":"https://secwatch.observer/filing/0001158449-23-000201.md","text":"https://secwatch.observer/filing/0001158449-23-000201.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1158449/000115844923000201/0001158449-23-000201-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1158449/000115844923000201/aap-20230823.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T04:39:41.486448+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a2b79ec1bed92f5186a4a2d60dfb91f1e256459a","claim":"ADVANCE AUTO PARTS INC reported second quarter ended July 15, 2023 results: revenue $2.7 billion, EPS $1.43.","evidence_excerpt":"be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Advance Auto Parts Reports Second Quarter 2023 Results Q2 Net Sales Increased 0.8% to $2.7 Billion; Comparable Store Sales Decreased 0.6% Operating Income of $134.4 Million; Operating Income Margin of 5.0% Separately Announces Leadership Appointments Initiated Comprehensive","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1158449/000115844923000201/0001158449-23-000201-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended July 15, 2023"},{"label":"Revenue","value":"$2.7 billion"},{"label":"EPS","value":"$1.43"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}