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Argus•November 21, 2023
Argus•November 21, 2023Advance Auto Parts, Inc.: Execution issues and rising costs continue to impact; maintaining HOLD
Summary
Advance Auto Parts, based in Raleigh, North Carolina, is a leading retailer of automotive parts and accessories in the United States. 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 In
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Analyst Profile
David E. Coleman
Securities Analyst and Quantitative Portfolio StrategistAt Argus Research, David covers various Airline, Tobacco and Materials companies and is also a quantitative portfolio strategist. He received his undergraduate degree from Edinboro University of Pennsylvania, graduating magna cum laude with a Bachelor of Science degree in Biology and a minor in Psychology. Prior to joining Argus, David worked in a variety of industries, ranging from industrial engineering to commercial fishing. David is the great-grandson of Harold B. Dorsey, who founded Argus in 1934. He started his career at Argus in the Economics department.