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ADVANCE AUTO PARTS INC — fact timeline

Source-grounded facts extracted from ADVANCE AUTO PARTS INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

AAP ADVANCE AUTO PARTS INC JSON

Kristen L. Soler departed as Executive Vice President, Chief Human Resources Officer at ADVANCE AUTO PARTS INC.

“Kristen L. Soler, Executive Vice President, Chief Human Resources Officer of Advance Auto Parts, Inc. (the “Company”) will be leaving the Company to pursue other opportunities.”
Shareholder Votes

ADVANCE AUTO PARTS INC shareholders approved Ratification of the appointment of Deloitte and Touche LLP as the Company's independent registered public accounting firm for 2026 at the 2026-05-20 meeting.

“Stockholders ratified the appointment of Deloitte and Touche LLP as the Company's independent registered public accounting firm for 2026. The vote on the proposal was as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 56,420,460 947,410 62,792 0”
Shareholder Votes

ADVANCE AUTO PARTS INC shareholders approved Non-binding advisory vote to approve the compensation of the Company's named executive officers at the 2026-05-20 meeting.

“The compensation of the named executive officers was approved by the following non-binding advisory vote: FOR AGAINST ABSTAIN BROKER NON-VOTES 50,144,674 2,032,744 83,542 5,169,702”
Shareholder Votes

ADVANCE AUTO PARTS INC shareholders approved Election of 10 nominees to serve as members of the Board of Directors until the 2027 Annual Meeting of Stockholders at the 2026-05-20 meeting.

“The 2026 Annual Meeting of Stockholders of Advance Auto Parts, Inc. (the “Company”) was held on Wednesday, May 20, 2026. The following matters were submitted to a vote by the stockholders: (1) election of 10 nominees to serve as members of the Board of Directors until the 2027 Annual Meeting of Stockholders, (2) non-binding advisory vote to approve the compensation of the Company’s named executive officers, and (3) ratification of the appointment of Deloitte and Touche LLP as the Company’s independent registered public accounting firm for 2026. All nominees were elected to the Board of Directors with the following vote counts: FOR AGAINST ABSTAIN Carla J. Bailo 51,110,772 1,131,507 18,681 John F. Ferraro 51,749,350 492,651 18,959 Joan M. Hilson 51,841,525 391,429 28,006 Cynthia T. Jamison 52,071,507 170,571 18,882 Richard A. Johnson 51,204,355 1,038,936 17,669 Eugene I. Lee, Jr. 43,991,451 8,250,306 19,203 Shane M. O’Kelly 51,958,485 285,044 17,431 Thomas W. Seboldt 51,573,276 671,156”
Earnings Releases

ADVANCE AUTO PARTS INC reported first quarter ended April 25, 2026 results: revenue $2.6 billion, EPS $0.39. Guidance reaffirmed.

“to strong operational execution, which is driving stronger asset productivity and margin expansion." First Quarter 2026 Results ( 1 ) First quarter 2026 net sales totaled $2.6 billion, compared with $2.6 billion in the first quarter of the prior year. First quarter 2025 net sales included approximately $51 million related to sales at stores closed during Q1'25”
Debt Financings

ADVANCE AUTO PARTS INC incurred senior notes of $975,000,000 with Computershare Trust Company, N.A. at 7.375% per annum maturing 2033.

“(ii) $975,000,000 in aggregate principal amount of 7.375% Senior Notes due 2033 (the “2033 Notes” and, together with the 2030 Notes, the “Notes”).”
Debt Financings

ADVANCE AUTO PARTS INC incurred senior notes of $975,000,000 with Computershare Trust Company, N.A. at 7.000% per annum maturing 2030.

“On August 4, 2025, Advance Auto Parts, Inc. (the “Company”) completed an offering of (i) $975,000,000 in aggregate principal amount of 7.000% Senior Notes due 2030 (the “2030 Notes”)”

Herman L. Word, Jr. departed as Executive Vice President, Professional, Independents and Canada at ADVANCE AUTO PARTS INC.

“Herman L. Word, Jr., Executive Vice President, Professional, Independents and Canada, will be retiring from Advance Auto Parts, Inc. (the 'Company').”

Sherice R. Torres departed as Director at ADVANCE AUTO PARTS INC.

“On February 12, 2025, Sherice R. Torres informed the Board of Directors (the “Board”) of Advance Auto Parts, Inc. (the “Company”) that she would not be standing for re-election to the Board at the Company’s upcoming annual meeting of shareholders.”

Tammy M. Finley departed as Executive Vice President, General Counsel and Corporate Secretary at ADVANCE AUTO PARTS INC.

“Tammy M. Finley, the Company’s Executive Vice President, General Counsel and Corporate Secretary, will be leaving the organization and beginning her retirement.”
Restructurings & Charges

ADVANCE AUTO PARTS INC announced a restructuring with charges of approximately $350 million to $750 million affecting approximately 500 stores, approximately 200 independent locations and four distribution centers.

“centers, including asset-related charges, lease termination fees and other incremental costs to exit facilities. The Company currently estimates that it will incur approximately $350 million to $750 million of total costs, including (a) cash costs consisting of (i) approximately $45 million of involuntary and voluntary severance costs and benefits, (ii) a range of”
M&A Transactions

ADVANCE AUTO PARTS INC completed a disposition involving an affiliate of the Carlyle Group (the "Buyer") for $1.5 billion (closed 2024-11-01).

“On November 1, 2024, the Company completed the sale of Worldpac to the Buyer pursuant to the terms of the Agreement for aggregate cash consideration of approximately $1.5 billion”

Elizabeth E. Dreyer departed as Senior Vice President, Controller and Chief Accounting Officer at ADVANCE AUTO PARTS INC.

“On October 2, 2024, Elizabeth E. Dreyer, the Company’s Senior Vice President, Controller and Chief Accounting Officer informed the Company of her intent to resign and begin retirement.”

Anthony A. Iskander resigned as Senior Vice President, Finance and Treasurer at ADVANCE AUTO PARTS INC.

“On September 30, 2024, Anthony A. Iskander, Senior Vice President, Finance and Treasurer, who served as Interim Chief Financial Officer of Advance Auto Parts, Inc. (the “Company”) from August 18, 2023 to November 26, 2023 and assumed the principal accounting officer responsibilities on an interim basis from October 18, 2023 to November 26, 2023, informed the Company of his intent to resign, effective October 11, 2024.”

Jason M. Hand changed role as Senior Vice President, U.S. Stores at ADVANCE AUTO PARTS INC.

“Jason M. Hand, Senior Vice President, U.S. Stores, will take additional responsibility related to store operations, will continue to lead the Company’s regional vice presidents and will now report directly to the Company’s Chief Executive Officer.”

Herman L. Word, Jr. changed role as Executive Vice President, Professional, Canada and Independents at ADVANCE AUTO PARTS INC.

“Effective September 13, 2024, Mr. Word serves as Executive Vice President, Professional, Canada and Independents.”

Thomas Seboldt was appointed as director at ADVANCE AUTO PARTS INC.

“each of the New Directors was appointed to the Board effective March 11, 2024.”

Gregory Smith was appointed as director at ADVANCE AUTO PARTS INC.

“each of the New Directors was appointed to the Board effective March 11, 2024.”

Brent Windom was appointed as director at ADVANCE AUTO PARTS INC.

“each of the New Directors was appointed to the Board effective March 11, 2024.”
Material Agreements

ADVANCE AUTO PARTS INC amended Amendment No. 4 to the Credit Agreement dated November 9, 2021 with Bank of America, N.A., as administrative agent (effective 2024-02-26).

“On February 26, 2024, we entered into Amendment No. 4 to the Credit Agreement dated November 9, 2021, with Advance Auto Parts, Inc., as Borrower, Advance Stores Company, Incorporated, as a Guarantor, the lenders party thereto, and Bank of America, N.A., as administrative agent (the "2021 Credit Agreement")”

Elizabeth E. Dreyer was appointed as Senior Vice President, Controller and Chief Accounting Officer at ADVANCE AUTO PARTS INC.

“On January 5, 2024, Advance Auto Parts, Inc. (the “Company”) announced the appointment of Elizabeth E. Dreyer to the position of Senior Vice President, Controller and Chief Accounting Officer, commencing January 9, 2024.”
Earnings Releases

ADVANCE AUTO PARTS INC reported third quarter ended October 7, 2023 results: revenue $2.7 billion, EPS $(0.82). Guidance reaffirmed.

“a filing. --- EX-99 (EX-99) --- Advance Auto Parts Reports Third Quarter 2023 Results and Provides Updates on Strategic and Operational Review Q3 Net Sales Increased 2.9% to $2.7 Billion; Comparable Store Sales Increased 1.2% Executing on New $150 Million Cost Reduction Program Initiates Sale Processes for Worldpac and Canadian Business RALEIGH, N.C., November”

Ryan P. Grimsland was appointed as Executive Vice President, Chief Financial Officer at ADVANCE AUTO PARTS INC.

“On November 13, 2023, Advance Auto Parts, Inc. (the "Company") appointed Ryan P. Grimsland to the position of Executive Vice President, Chief Financial Officer, commencing November 27, 2023.”

Anthony A. Iskander was appointed as Principal Accounting Officer at ADVANCE AUTO PARTS INC.

“Anthony A. Iskander, Interim Chief Financial Officer, Senior Vice President, Finance and Treasurer, will assume the principal accounting officer responsibilities on an interim basis upon his departure.”

William J. Pellicciotti, Jr. resigned as Senior Vice President, Controller and Chief Accounting Officer at ADVANCE AUTO PARTS INC.

“On September 26, 2023, William J. Pellicciotti, Jr., Senior Vice President, Controller and Chief Accounting Officer of Advance Auto Parts, Inc. (the “Company”) informed the Company of his intent to resign from his position, effective October 18, 2023, to pursue another opportunity.”
Earnings Releases

ADVANCE AUTO PARTS INC reported second quarter ended July 15, 2023 results: revenue $2.7 billion, EPS $1.43.

“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”

Shane M. O’Kelly was appointed as President, Chief Executive Officer at ADVANCE AUTO PARTS INC.

“appointed Shane M. O’Kelly, 54, to the position of President, Chief Executive Officer and as a director of the Company, commencing September 11, 2023.”
Governance Changes

ADVANCE AUTO PARTS INC: The Board approved an amendment and restatement of the Amended and Restated By-Laws, effective August 8, 2023, updating procedures for director nominations and stockholder proposals, establishing Delaware Chancery Court as exclusive forum for certain corporate law claims, and making administrative c (effective 2023-08-08).

“On August 8, 2023, the Board of Directors (the “Board”) of Advance Auto Parts, Inc. (the “Company”) approved an amendment and restatement of the Amended and Restated By-Laws of the Company (as so amended and restated, the “Amended By-Laws”), effective as of such date.”
Earnings Releases

ADVANCE AUTO PARTS INC reported full year 2023 results: revenue $11,200 $11,300, EPS $6.00 $6.50. Guidance lowered.

“Prior FY 2023 Outlook Updated FY 2023 Outlook As of February 28, 2023 As of May 31, 2023 ($ in millions, except per share data) Low High Low High Net sales $ 11,400 $ 11,600 $ 11,200 $ 11,300 Comparable store sales (1) 1.0 % 3.0 % (1.0) % 0.0 % Operating income margin 7.8 % 8.2 % 5.0 % 5.3 % Income tax rate 24.0 % 25.0 % 24.0 % 25.0 % Diluted EPS $ 10.20 $”
Earnings Releases

ADVANCE AUTO PARTS INC reported its first quarter ended April 22, 2023 results: revenue $3.4 billion, EPS $0.72. Guidance lowered.

“Advance Auto Parts Reports First Quarter 2023 Results Q1 Net Sales Increased 1.3% to $3.4 Billion; Comparable Store Sales Decreased 0.4% Operating Income of $90.0 Million; Operating Income Margin of 2.6% RALEIGH, N.C., May 31, 2023 - Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America, that serves both professional installer and do-it-yourself customers, announced its financial results for the first quarter ended April 22, 2023.”
Shareholder Votes

ADVANCE AUTO PARTS INC shareholders rejected Stockholder proposal regarding requiring an independent Board chair at the 2023-05-24 meeting.

“A majority of the Company’s outstanding shares were cast against the vote to approve the stockholder proposal regarding requiring an independent Chair of the Board. The vote on the proposal was as follows: FOR AGAINST ABSTAIN BROKER NON-VOTES 8,757,411 37,141,397 44,251 4,854,930”
Shareholder Votes

ADVANCE AUTO PARTS INC shareholders approved Ratification of the appointment of Deloitte and Touche LLP as the Company's independent registered public accounting firm for 2023 at the 2023-05-24 meeting.

“Stockholders ratified the appointment of Deloitte and Touche LLP as the Company’s independent registered public accounting firm for 2023. The vote on the proposal was as follows: FOR AGAINST ABSTAIN 48,085,665 2,690,861 21,463”
Shareholder Votes

ADVANCE AUTO PARTS INC shareholders approved Non-binding advisory vote on the frequency of votes to approve the compensation of the Company's named executive officers at the 2023-05-24 meeting.

“The vote for frequency of future votes on the compensation of the named executive officers was as follows on a non-binding, advisory basis: ONE YEAR TWO YEARS THREE YEARS ABSTAIN BROKER NON-VOTES 44,759,972 18,461 1,135,711 28,915 4,854,930”
Shareholder Votes

ADVANCE AUTO PARTS INC shareholders approved Non-binding advisory vote to approve the compensation of the Company's named executive officers at the 2023-05-24 meeting.

“The compensation of the named executive officers was approved by the following non-binding advisory vote: FOR AGAINST ABSTAIN BROKER NON-VOTES 41,764,021 4,101,396 77,642 4,854,930”
Shareholder Votes

ADVANCE AUTO PARTS INC shareholders approved Approval of the 2023 Employee Share Purchase Plan at the 2023-05-24 meeting.

“The 2023 Employee Share Purchase Plan was approved by the following non-binding advisory vote: FOR AGAINST ABSTAIN BROKER NON-VOTES 45,751,592 166,358 25,109 4,854,930”
Shareholder Votes

ADVANCE AUTO PARTS INC shareholders approved Approval of the 2023 Omnibus Incentive Compensation Plan at the 2023-05-24 meeting.

“The 2023 Omnibus Incentive Compensation Plan was approved by the following non-binding advisory vote: FOR AGAINST ABSTAIN BROKER NON-VOTES 43,989,962 1,919,774 33,323 4,854,930”
Shareholder Votes

ADVANCE AUTO PARTS INC shareholders approved Election of nine nominees to serve as members of the Board of Directors until the 2024 Annual Meeting of Stockholders at the 2023-05-24 meeting.

“All nominees were elected to the Board of Directors with the following vote counts: FOR AGAINST ABSTAIN Carla J. Bailo 45,382,063 534,994 26,002 John F. Ferraro 45,368,401 547,593 27,065 Thomas R. Greco 45,493,498 419,321 30,240 Joan M. Hilson 45,702,034 214,148 26,877 Jeffrey J. Jones II 42,295,471 3,620,288 27,300 Eugene I. Lee, Jr. 44,386,764 1,335,452 220,843 Douglas A. Pertz 45,125,348 790,229 27,482 Sherice R. Torres 45,498,115 418,323 26,621 Arthur L. Valdez Jr. 45,710,595 205,516 26,948 There were 4,854,930 broker non-votes recorded for each nominee.”

Robert B. Cushing changed role as Executive Vice President, Professional at ADVANCE AUTO PARTS INC.

“"On April 12, 2023, Advance Auto Parts, Inc. (the “Company”) and Robert B. Cushing, 69, Executive Vice President, Professional, agreed to reassign portions of Mr. Cushing’s job responsibilities to other executives to further streamline field operations and support long-term succession planning."”
Debt Financings

ADVANCE AUTO PARTS INC incurred senior notes of $300,000,000 aggregate principal amount at 5.950% maturing March 9, 2028.

“On March 9, 2023, Advance Auto Parts, Inc., a Delaware corporation (the “Company”), completed its previously announced offering of $300,000,000 aggregate principal amount of its 5.900% Notes due March 9, 2026 (the “2026 Notes”) and $300,000,000 aggregate principal amount of its 5.950% Notes due March 9, 2028 (the “2028 Notes,” and together with the 2026 Notes, the “Notes”).”
Debt Financings

ADVANCE AUTO PARTS INC incurred senior notes of $300,000,000 aggregate principal amount at 5.900% maturing March 9, 2026.

“On March 9, 2023, Advance Auto Parts, Inc., a Delaware corporation (the “Company”), completed its previously announced offering of $300,000,000 aggregate principal amount of its 5.900% Notes due March 9, 2026 (the “2026 Notes”) and $300,000,000 aggregate principal amount of its 5.950% Notes due March 9, 2028 (the “2028 Notes,” and together with the 2026 Notes, the “Notes”).”
Material Agreements

ADVANCE AUTO PARTS INC entered into Underwriting Agreement with J.P. Morgan Securities LLC, BofA Securities, Inc. and Truist Securities, Inc., as representatives of the several underwriters valued at $300,000,000 aggregate principal amount of 5.900% Notes due March 9, 2026 and $300,000,000 aggregate (effective 2023-03-06).

“On March 6, 2023, Advance Auto Parts, Inc., a Delaware corporation (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”) by and among the Company, the subsidiary guarantor signatory thereto (the “Subsidiary Guarantor”), and J.P. Morgan Securities LLC, BofA Securities, Inc. and Truist Securities, Inc., as representatives of the several underwriters listed in Schedule 1 thereto, pursuant to which the Company agreed to sell $300,000,000 aggregate principal amount of 5.900% Notes due March 9, 2026 and $300,000,000 aggregate principal amount of 5.950% Notes due March 9, 2028.”
Earnings Releases

ADVANCE AUTO PARTS INC reported full year ended December 31, 2022 results: revenue $11.2 billion, EPS $8.27.

“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%;”
Earnings Releases

ADVANCE AUTO PARTS INC reported fourth quarter and year ended December 31, 2022 results: revenue $2.5 billion, EPS $1.79.

“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”

Thomas R. Greco departed as President and Chief Executive Officer at ADVANCE AUTO PARTS INC.

“On February 22, 2023, Thomas R. Greco, President and Chief Executive Officer of Advance Auto Parts, Inc. (the “Company”) informed the Company’s Board of Directors (the “Board”) of his intention to retire from his position at the end of the year.”

Reuben E. Slone departed as Executive Vice President, Supply Chain at ADVANCE AUTO PARTS INC.

“On December 9, 2022, Reuben E. Slone, Executive Vice President, Supply Chain of Advance Auto Parts, Inc. (the “Company”) notified the Company that he would be retiring in April 2023.”
Earnings Releases

ADVANCE AUTO PARTS INC reported the third quarter ended October 8, 2022 results: revenue $2.6 billion, EPS $1.84. Guidance reaffirmed.

“Third Quarter 2022 Results (1) • Net sales increased 0.8% to $2.6 billion • Comparable store sales (2) decreased 0.7% • Gross profit decreased 0.2% to $1.2 billion; Adjusted gross profit (3) increased 2.9% to $1.2 billion • Gross profit margin decreased 44 basis points to 44.7% of Net sales; Adjusted gross profit margin (3) increased 98 basis points to 47.2% of Net sales • SG&A increased 5.2% to $1.0 billion; Adjusted SG&A (3) increased 5.4% to $989.3 million • SG&A was 38.0% of Net sales compared with 36.4% of Net sales; Adjusted SG&A (3) was 37.5% of Net sales compared with 35.8% of Net sales • Operating income decreased 22.7% to $177.2 million; Adjusted operating income (3) decreased 5.8% to $258.0 million • Operating income margin was 6.7% of Net sales compared with 8.7% of Net sales; Adjusted operating income margin (3) was 9.8% of Net sales compared with 10.4% of Net sales • Diluted EPS decreased 31.3% to $1.84; Adjusted diluted EPS (3) decreased 11.5% to $2.84”

Joan M. Hilson was appointed as Director at ADVANCE AUTO PARTS INC.

“On March 15, 2022, the Board of Directors (the “Board”) of Advance Auto Parts, Inc. (the “Company”) appointed Joan M. Hilson to the Board, effective March 15, 2022.”

William Pellicciotti was appointed as Senior Vice President, Controller and Chief Accounting Officer at ADVANCE AUTO PARTS INC.

“On January 11, 2022, Advance Auto Parts, Inc. (the “Company”) announced that its Board of Directors (“Board”) has appointed William Pellicciotti to become the Company's Senior Vice President, Controller and Chief Accounting Officer (Principal Accounting Officer), effective January 24, 2022.”

Sherice R. Torres was appointed as Director at ADVANCE AUTO PARTS INC.

“On and effective September 1, 2021, the Board of Directors (the “Board”) of Advance Auto Parts, Inc. (the “Company”) appointed Sherice R. Torres to the Board.”

Sharon McCollam resigned as Director at ADVANCE AUTO PARTS INC.

“In connection with her upcoming appointment as President, Chief Financial Officer of Albertsons Companies, Sharon McCollam resigned from the Board of Directors (the “Board”) of Advance Auto Parts, Inc. (the “Company”) on August 20, 2021.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.