Advance Auto Parts (AAP) Tops Q4 EPS by 15c, Guidance Beats Consensus

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Go back to Advance Auto Parts (AAP) Tops Q4 EPS by 15c, Guidance Beats Consensus

Advance Auto Parts Reports Fourth Quarter and Record Full Year 2021 Results

February 14, 2022 4:45 PM EST

Full Year Net Sales Increased 8.8% to $11.0 Billion; Comparable Store Sales Increased 10.7%
Operating Cash Flow Increased 14.7% to $1.1 Billion; Free Cash Flow Increased 17.2% to $822.6 Million
Returned $1.0 Billion in Cash to Shareholders

$1.0 Billion Increase to Existing Share Repurchase Authorization
Quarterly Cash Dividend Increased 50% to $1.50 Per Share

RALEIGH, N.C.--(BUSINESS WIRE)-- Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America, that serves both professional installer and do-it-yourself customers, announced its financial results for the fourth quarter (12 weeks) and full year... More