Advance Auto Parts (AAP) Tops Q4 EPS by 45c

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Advance Auto Parts Reports Fourth Quarter and Full Year 2022 Results

February 28, 2023 6:30 AM EST

Fourth Quarter
Net Sales Increased 3.2% to $2.5 Billion; Comparable Store Sales Increased 2.1%
Operating Income Margin Increased 64 Basis Points; Adjusted Operating Income Margin Increased 146 Basis Points

Full Year
Net Sales Increased 1.4% to $11.2 Billion; Comparable Store Sales Increased 0.3%
Operating Income Margin Decreased 122 Basis Points; Adjusted Operating Income Margin Increased 24 Basis Points
Diluted EPS Decreased 13.4%; Adjusted Diluted EPS Increased 8.5%
Returned $934 Million in Cash to Shareholders

RALEIGH, N.C.--(BUSINESS WIRE)-- Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts... More