Advance Auto Parts, based in Roanoke, Virginia, is a leading retailer of automotive parts and accessories in the United States. Boosted by the January 2014 acquisition of General Parts International, Advance operated 4,843 stores and 168 World Pac branches as of April 18, 2020, and served 1,258 independently owned Carquest branded stores. The company serves both the 'do-it-yourself' (DIY), and the professional installer (DIFM) markets under the Advance Auto Parts, Carquest, World Pac and Autopart International nameplates. Advance's footprint extends to 49 states (not Hawaii), Puerto Rico, the Virgin Islands and Canada. Approximately 40% of 2019's $9.4 billion in sales were to retail (DIY) shoppers and 60% were to commercial (DIFM) customers.
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Deborah Ciervo, CFAAnalyst: Generalist