Advance Auto Parts, Inc. is the largest automotive aftermarket parts provider in North America. The company was founded in 1932 and is currently headquartered in Roanoke, Virginia. It serves both the professional installer as well as domestic customers through their more than 6,500 stores spread all across the United States, Puerto Rico, the U.S. Virgin Islands, and Canada. Advance Auto Parts operates more than 5,200 stores under the Advance Auto Parts, Autopart International (AI), Carquest, and Woldpac banners. The company accommodates approximately 70,000 team members. Its stores provide brand-name replacement parts, batteries, maintenance items, and automotive chemicals to individual car owners.
They have obtained 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: http://shop.advanceautoparts.com/home