Back to Sectors

AAP

ADVANCE AUTO PARTS INC
8 filings tracked
consumer discretionaryautomotive aftermarketMID ($2B-10B)

Signal Magnitude Chart

BULLISH | 80% | 5/21/2026 | margin expansionBULLISH | 70% | 5/21/2026 | earnings beatBEARISH | 60% | 5/21/2026 | debt restructureNEUTRAL | 40% | 5/21/2026 | divestitureBULLISH | 60% | 5/22/2026 | management changeNEUTRAL | 30% | 5/22/2026 | management changeBULLISH | 60% | 5/22/2026 | management changeNEUTRAL | 30% | 5/22/2026 | management changeBULLISH | 60% | 5/22/2026 | management changeNEUTRAL | 30% | 5/22/2026 | management changeBULLISH | 60% | 5/22/2026 | management changeNEUTRAL | 30% | 5/22/2026 | management changeBULLISH | 60% | 5/22/2026 | management changeNEUTRAL | 30% | 5/22/2026 | management changeBULLISH | 60% | 5/22/2026 | management changeNEUTRAL | 30% | 5/22/2026 | management changeBULLISH | 60% | 5/22/2026 | management changeNEUTRAL | 30% | 5/22/2026 | management changeMay 26May 26HIGHLOW
bullish
bearish
neutral

Signal Timeline

bullishMay 22

Successful re-election of the full board of directors provides leadership continuity.

management change
60%
neutralMay 22

Significant broker non-votes and specific director opposition suggest underlying governance tension.

management change
30%
bullishMay 22

Successful re-election of the full board of directors provides leadership continuity.

management change
60%
neutralMay 22

Significant broker non-votes and specific director opposition suggest underlying governance tension.

management change
30%
bullishMay 22

Successful re-election of the full board of directors provides leadership continuity.

management change
60%
neutralMay 22

Significant broker non-votes and specific director opposition suggest underlying governance tension.

management change
30%
bullishMay 22

Successful re-election of the full board of directors provides leadership continuity.

management change
60%
neutralMay 22

Significant broker non-votes and specific director opposition suggest underlying governance tension.

management change
30%
bullishMay 22

Successful re-election of the full board of directors provides leadership continuity.

management change
60%
neutralMay 22

Significant broker non-votes and specific director opposition suggest underlying governance tension.

management change
30%
bullishMay 22

Successful re-election of the full board of directors provides leadership continuity.

management change
60%
neutralMay 22

Significant broker non-votes and specific director opposition suggest underlying governance tension.

management change
30%
bullishMay 22

Successful re-election of the full board of directors provides leadership continuity.

management change
60%
neutralMay 22

Significant broker non-votes and specific director opposition suggest underlying governance tension.

management change
30%
bullishMay 21

Gross profit margin expanded by 221 basis points to 45.1%.

margin expansion
80%
bullishMay 21

Operating income swung from a $131 million loss to a $69 million profit.

earnings beat
70%
bearishMay 21

Interest expenses more than doubled due to $1.95 billion senior note issuance.

debt restructure
60%
neutralMay 21

Finalized working capital payments related to the sale of Worldpac.

divestiture
40%

Filing History

8-KMay 22, 2026

The May 2026 Annual Meeting results present a dichotomy between nominal stability and underlying volatility. While the official tally shows a clear victory for management, the granular data regarding broker non-votes and specific director opposition suggests that the path to a full turnaround remains contested. Investors must now weigh the benefit of a stable board against the signals of latent shareholder dissatisfaction as the company attempts to navigate its operational recovery.

10-QMay 21, 2026

The latest filing reveals a company in the midst of a high-stakes transition. Advance Auto Parts has successfully cleared the most expensive hurdles of its 2024 restructuring plan, resulting in a leaner operating model and a return to profitability at the operating level. However, this operational victory is being offset by a deteriorating debt profile and restricted liquidity, creating a tension between improved store-level performance and corporate-level financial pressure. Investors are now faced with a trade-off between the company's improved operational efficiency and its increased leverage. The ultimate success of the turnaround will depend on whether the company can maintain its margin gains and comparable store growth while servicing its expanded debt load. The potential for a tariff refund remains a wildcard that could provide a necessary liquidity injection, but the core narrative remains focused on the sustainability of the current margin trajectory.