---
schema_version: "secwatch.filing_event.v1"
accession: "0001158449-24-000192"
form_type: "8-K"
ticker: "AAP"
cik: "0001158449"
company_name: "ADVANCE AUTO PARTS INC"
filed_at: "2024-08-22T23:59:59+00:00"
generated_at: "2026-05-31T07:59:36.471632+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Advance Auto Parts sells Worldpac for $1.5B; Q2 EPS $0.75 vs $1.32 YoY

## Summary
- Net sales $2.7B flat YoY; comparable store sales +0.4%.
- GAAP diluted EPS $0.75 vs $1.32 in Q2 2023; operating margin fell to 2.7% from 4.7%.
- Announced sale of Worldpac for $1.5B to sharpen focus on Advance blended box.
- Full-year 2024 guidance: net sales $11.15B-$11.25B, diluted EPS $2.00-$2.50.
- Regular quarterly dividend of $0.25 per share declared; payable Oct 25, 2024.

## SEC filing metadata
- accession: 0001158449-24-000192
- form_type: 8-K
- ticker: AAP
- cik: 0001158449
- company_name: ADVANCE AUTO PARTS INC
- filed_at: 2024-08-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1158449/000115844924000192/0001158449-24-000192-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1158449/000115844924000192/aap-20240822.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001158449-24-000192
- JSON: https://secwatch.observer/filing/0001158449-24-000192.json
- Plain text: https://secwatch.observer/filing/0001158449-24-000192.txt

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