Advance Auto Parts news and trends

Almost All of AT&T’s Wireless Customers Hacked as Snowflake Breach Snowballs
Security & Fraud // July 12, 2024

The interconnected global operating landscape has never held more opportunity for businesses. Or more threats. Gaining a deeper understanding of the threat landscape and the top tactics, techniques and procedures (TTPs) of ransomware gangs is increasingly crucial for firms. News broke Friday (July 12) that...

Fresh Wave of Major Cyberattacks Exposes Key Enterprise Security Weaknesses
Cybersecurity // June 11, 2024

On a weekly basis, businesses operating within security-critical industries are reminded that security is critical. In just the past handful of days, three substantial cyberattacks on city governments, healthcare systems, and a sensitive data storage cloud infrastructure platform occurred independently. On Monday (June 10), it...

Advance Auto Parts Fights Headwinds to End Q4 on Slightly Better Footing
Earnings // February 28, 2023

As inventory and supply chain issues slowly dissipate, aftermarket auto parts retailer Advance Auto Parts showed incremental growth at the end of 2022. Reporting Q4 2022 earnings on Tues. (Feb. 28), Advance Auto Parts management took a positive outlook on 2023 despite lingering uncertainty about...

Widespread Reports of ‘Resilience’ Lift Hopes in Battered Retail Industry
Retail // May 31, 2022

The parade of retail executives invoking “resilience” in their earnings reports last week was as long as it was diverse. In what was a literal stream of verbal confidence, leader after leader offered fresh business insights from a range of retail categories, telling analysts, in...

Quick Reads
Advance Auto Parts Sells Wholesale Arm for $1.5 Billion

August 22, 2024
Advance Auto Parts has sold its wholesale operation Worldpac for $1.5 billion. The sale, to funds managed by the Carlyle Group, is expected to be finalized by the end of the year, Advance said in a Thursday (Aug. 22) news release. “The sale enables our team to sharpen their focus on decisive actions to turn around the Advance blended […]

Advance Auto Parts Fights Headwinds to End Q4 on Slightly Better Footing

February 28, 2023
As inventory and supply chain issues slowly dissipate, aftermarket auto parts retailer Advance Auto Parts showed incremental growth at the end of 2022. Reporting Q4 2022 earnings on Tues. (Feb....

Advance Auto Parts Sales Growth Continues  

November 16, 2021
Car parts retailer Advance Auto Parts, Inc. on Monday (Nov. 15) reported that net sales for the third quarter were up 3.1% to $2.6 billion, with comparable sales also increased...

Advance Auto Parts Debuts New DIY Retail Concept

November 04, 2021
Car parts retailer Advance Auto Parts on Thursday (Nov. 4) rolled out Carquest by Advance, targeting the do-it-yourself approach to automotive repair and independent owners who get more operations and...