Advance Auto Parts, Inc., an automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers, will report its fourth quarter and full year 2021 results after the market closes on Monday, February 14, 2022.
The company will host a conference call to discuss the results on Tuesday, February 15, 2022.
Interested parties can listen to the event via a webcast scheduled to begin at 8:00 a.m. Eastern Time.
The webcast will be accessible via the company’s Investor Relations website (ir.AdvanceAutoParts.com).
To join by phone, please pre-register online for dial-in and passcode information.
Upon registering, participants will receive a confirmation with call details and a registrant ID.
While registration is open through the live call, the company suggests registering a day in advance or at minimum 10 minutes before the start of the call.
A replay of the conference call will be available on the company’s Investor Relations website for one year.
The company had previously updated its full year 2021 guidance upward:
“We are pleased with the first three quarters of the year and the continued momentum as we began the fourth quarter,” said Jeff Shepherd, executive vice president and chief financial officer during the third quarter results release.
“As a result, we are increasing our full-year 2021 sales and profit guidance to reflect the positive results year-to-date and our expectations for the balance of the year. This guidance incorporates both continued top-line strength as well as higher than planned inflation headwinds. Additionally, we are reducing our guidance for new store openings and capital expenditures for the year. The construction environment in California remains challenging primarily related to the ongoing pandemic. We remain committed to the successful conversion of our 109 California locations and are confident once completed will be highly accretive to our growth trajectory.”
About Advance Auto Parts
Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of October 9, 2021, Advance operated 4,727 stores and 234 Worldpac branches in the United States, Canada, Puerto Rico and the U.S. Virgin Islands. The company also serves 1,325 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands.
Additional information about Advance, including employment opportunities, customer services, and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com
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