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Advance Auto Parts 2016 Fiscal Results

In its 2016 financial report, Advance Auto Parts Inc. reported total sales year-over-year were down to $9.57 billion, compared to 2015’s $9.74 billion.

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In its 2016 financial report, Advance Auto Parts Inc. reported total sales year-over-year were down to $9.57 billion, compared to 2015’s $9.74 billion.

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The company’s gross profit rate was also slightly down at 44.5% of sales for fiscal 2016, compared to 45.4% in 2015.

Additionally, the company’s adjusted operating income was 9.4% in 2016 versus 10.2% in 2015.

Advance Auto Parts operates 5,062 stores and 127 Worldpac branches, plus it serves 1,250 independently owned Carquest stores, as of December 31, 2016.

 

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