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Added to YB: 2026-03-11

Pitch date: 2026-03-09

AAP [neutral]

Advance Auto Parts, Inc.

-13.76%

current return

Author Info

No bio for this author

Company Info

Advance Auto Parts, Inc. provides automotive aftermarket parts. The company offers batteries and battery accessories; belts and hoses; brakes and brake pads; chassis parts; climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alignment parts.

Market Cap

$2.7B

Pitch Price

$50.30

Price Target

N/A

Dividend

2.26%

EV/EBITDA

4.16

P/E

24.67

EV/Sales

0.60

Sector

Specialty Retail

Category

turnaround

Show full summary:
iMGP Small Company Fund Portfolio Holding: Advance Auto Parts, Inc.

AAP (holding update): Largest detractor in quarter. Under new leadership executing ROIC-enhancing turnaround, but earnings yet to inflect. Timing of inflection pushed out by inflation & consumer behavior. Remains high conviction long-term ROIC opportunity holding despite near-term headwinds & market focus on current results only.

Read full article (1 min)