Message #1 From:
NewsBot Date: December 14, 2006 05:30:00 AM
AAP News Advance Auto Parts Reaches One Billion in Commercial Sales
ROANOKE, Va.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE:AAP), a leading automotive aftermarket
retailer of parts, batteries, accessories and maintenance items
announced that the Company has reached a milestone of $1 billion in
commercial sales during a single fiscal year, excluding Autopart
International stores. In addition, 2006 marks the tenth anniversary of
the launch of the Company’s commercial sales
program.
Advance Auto Parts began its commercial sales program in 1996 in the
Roanoke, Virginia market. Since that time, the Company has focused on
growing the program to meet the needs of Advance’s
Do-It-For-Me (DIFM) customers.
As of the end of the Company’s third quarter
on October 7, 2006, 2,398 Advance stores operated a commercial delivery
program, which represented approximately 81 percent of the Company’s
store base; and commercial sales comprised approximately 23 percent of
total sales in Advance Auto Parts stores.
“This is a tremendous milestone for our
company and our Commercial Sales team,” says
Michael Coppola, Chairman, President and CEO. “We
thank our commercial customers for their loyalty and patronage. In
addition, I would like to thank both our Store and Commercial teams for
providing all our customers with the knowledgeable advice and legendary
service for which Advance Auto Parts is known.”
“In addition to this milestone for our
commercial program, 2006 has held many celebration opportunities
including opening our 3,000th store and
celebrating our fifth anniversary as a public company,”
continues Coppola. “We are also on the cusp
of celebrating, in 2007, 75 years of serving our customers. The Advance
Auto Parts team has many reasons to celebrate our history and
accomplishments, and to get even more excited about our future
opportunities.”
About Advance Auto Parts, Inc.
Headquartered in Roanoke, Va., Advance Auto Parts is the second-largest
retailer of automotive parts, accessories, batteries and maintenance
items in the United States based on sales and store count. As of October
7, 2006, the Company operated 3,029 stores in 40 states, Puerto Rico and
the Virgin Islands. The Company serves both the do-it-yourself and
professional installer markets.
Additional information about the Company, employment opportunities,
services, as well as on-line purchase of parts and accessories can be
found on the Company's Web site at www.AdvanceAutoParts.com.
