Advance Auto Parts, Inc. is the largest automotive aftermarket parts provider in North America. Advance Auto Parts was founded in 1932 and is currently headquartered in Roanoke, Virginia. They serve both the professional installer and the do-it-yourself customer through their more than 6,500 stores in the United States, Puerto Rico, the U.S. Virgin Islands, and Canada. Advance Auto Parts operates their more than 5,200 stores under the Advance Auto Parts, Autopart International (AI), Carquest, and Woldpac banners. Advance Auto Parts employs approximately 70,000 team members. Its stores carry brand-name replacement parts, batteries, maintenance items, and automotive chemicals for individual car owners.
They are given an investment grade rating of BBB- from Standard and Poors and a long-term rating of Baa2 from Moody’s.
- Industry: Auto Related
- Holding Company: Advance Auto
- Lease Structure: NN
- S&P Bond Rating: BBB-
- Moody’s Bond Rating: Baa2
- Website: https://shop.advanceautoparts.com/home