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

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