Saturday, August 3, 2013

"AAP" for Advance Auto Parts Inc

Unless the context otherwise requires, ?Advance,? ?we,? ?us,? ?our,? and similar  terms refer to Advance Auto Parts, Inc., its predecessor, its subsidiaries and  their respective operations. Our fiscal year consists of 52 or 53 weeks ending  on the Saturday closest to December 31 of each year. Fiscal 2003 included 53  weeks of operations. All other fiscal years presented included 52 weeks of  operations.  Overview  We primarily operate within the United States automotive aftermarket industry,  which includes replacement parts (excluding tires), accessories, maintenance  items, batteries and automotive chemicals for cars and light trucks (pickup  trucks, vans, minivans and sport utility vehicles). We currently are the second  largest specialty retailer of automotive parts, accessories and maintenance  items to "do-it-yourself," or DIY, and ?do-it-for-me,? or DIFM, customers in the  United States, based on store count and sales.Advance Auto Parts, Inc. (Advance) is a specialty retailer of automotive aftermarket parts, accessories, batteries and maintenance items primarily operating within the United States. The Company operates in two segments: Advance Auto Parts (AAP), and Autopart International (AI). The AAP segment is comprised of its store operations, which operate under the trade names Advance Auto Parts and Advance Discount Auto Parts. The AI segment consists of the operations of Autopart International, Inc. which operates under the Autopart International trade name. The Company’s stores carry a product line for cars, vans, sport utility vehicles and light trucks. The Company serves both do-it-yourself (DIY), and do-it-for-me (Commercial), customers. On December 31, 2012, the Company acquired B.W.P. Distributors, Inc.

No comments:

Post a Comment