Advance Auto Parts AZ. Adv Orly sales. 4.0 B. 2.7B. 4.2B comp 13.6 - .6. 8.7 net. 539 M. -87M. 550 gross 50.1% 36 % 52% commer 15% inc - 10. 15% share. $2,500. $48.00. 925 earnings $27.56. $- 86. $25.6 FCF. 1.7 Billion. -122M.1.45 Looks like a going out of business sale for Advance Auto Quickly conceding market share Commercial accounts are nervous about extended warranties at Advance Auto NOT being honored if they go out of business Auto Zone can smell the blood in the water and are making every effort about getting Advance Auto Parts business. Auto Zone is even considering extended payment terms for commercial accounts to get them to change over. Advance Auto is already hemorrhaging their free cash flow this will again play into Auto Zone 's favor. They were riding high with their 4th or 5th CEO a while back stock was briefly at $240.00 Quite a collapse for Advance Auto just a matter of time DO NOT BUY ANY AAP STOCK ITS A HONEY TRAP IT WILL NOT GET BETTER EVER #AUTOZONE #ADVANCEAUTO #OREILLY #NAPA #GENUINEPARTS #XLParts #PARTSAUTHORITY #Wallstreet #Vanguard #Blackrock #Sixthstreet
Advance lost a lot of great people over time and Dave , you were one of them !!!!
Advance lost a lot of great people over time and Dave , you were one of them !!!!
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1yTook an early retirement 2 1/2 years ago. I could see the writing on the wall. AAP was going in the wrong direction, focus was in all the wrong areas. It was once said “ take care of your team, and they will take care of your customers”. We quit taking care of the team, and every time the stock price dropped, we blamed the team. Further cuts at store level; payroll, staffing, and benefits. A shame that after 21 years as a DM, I left making 35k less than I made when I was first promoted in 2001. Not to mention the loss of a company car, and company cell phone. This was all explained away by being told “ you’re one of the lucky ones, because you’re a top performer”. Needless to say, 14 of my 17 store managers left shortly after.