Carlyle Completes Worldpac Acquisition from Advance Auto Parts

Advance Auto Parts Announces Closing Of Sale Of Worldpac To …

2 weeks from now

Nov 4, 2024  · The sale agreement was announced on Aug. 22, 2024 with a transaction value of $1.5 billion. The company estimates net proceeds of approximately $1.2 billion after taxes and …

morningstar.com

Advance Auto Parts Sells Worldpac Unit To Carlyle Group For $1.5 …

2 weeks from now

Aug 22, 2024  · Advance now expects its net sales in 2024 to be between $11.15 billion and $11.25 billion, down from its prior expectations of $11.3 billion and $11.4 billion. The company …

reuters.com

Advance Auto Parts Sells Worldpac Unit To Carlyle Group For $1.5 ...

2 weeks from now

Aug 22, 2024  · By Nathan Gomes and Abigail Summerville. (Reuters) - Advance Auto Parts said on Thursday it would sell its Worldpac unit for $1.5 billion as part of its latest attempt at …

yahoo.com

Advance Auto Parts Sale Of Worldpac Is Part Of A Long Decline

2 weeks from now

Aug 27, 2024  · Advance Auto Parts has had a challenging time over the last few years, going from $11.2 billion in revenue and $464.4 million in net income in 2022 to $11.3 billion in …

globest.com

Breaking News: Advance Auto Parts Selling Worldpac For $1.5 Billion

2 weeks from now

Aug 22, 2024  · Advance Auto Parts announced the sale of Worldpac, Inc., an automotive parts wholesale distribution business that generated $2.1 billion in revenue and approximately $100 …

vehicleservicepros.com

Advance Auto Parts To Sell Worldpac To Carlyle For $1.5 Billion

2 weeks from now

Aug 22, 2024  · Advance Auto Parts AAP -2.32% has agreed to sell its Worldpac subsidiary to Carlyle CG -1.01% Group for $1.5 billion in cash. The aftermarket car-parts retailer said …

wsj.com

Advance Auto Parts Closing Hundreds Of Locations Following …

2 weeks from now

11 hours ago  · Advance Auto Parts' stock is down over 28% over the past year and more than 32% in 2024 to date, though it rose about 2% during Thursday's trading on the news. Advance …

foxbusiness.com

Advance Auto Parts Announces Sale Of Worldpac To Carlyle For …

2 weeks from now

Aug 22, 2024 3:15am. Advance Auto Parts Announces Sale of Worldpac to Carlyle for $1.5 Billion. Sale simplifies Advance’s enterprise structure and sharpens focus on the blended box …

morningstar.com

Advance Auto Parts Is Closing Hundreds Of Stores In An Effort To …

2 weeks from now

10 hours ago  · Advance Auto Parts is closing more than 500 stores and shedding another 200 independent locations ... another 200 independent locations as part of its efforts to ... $1.5 …

go.com

Advance Auto Parts To Exit Western U.S. As It Closes More Than

2 weeks from now

Meanwhile, comparable-store sales, or sales of stores open at least a year, were down 2.3% to miss expectations of a 1.7% decline. Cost of sales fell by much more than sales, down 11.5% …

msn.com

Advance Auto Parts To Close Over 700 Stores, Impact On NY Unclear

2 weeks from now

15 hours ago  · The closures are part of the company's "strategic plan to improve business performance," the report says, as comparable store sales decreased 2.3% in Q3 2024 and net …

democratandchronicle.com

Advance Auto Parts Closing 700 Stores - Triad Business Journal

2 weeks from now

13 hours ago  · The announcement comes on the heels of Advance Auto completing its sale of Worldpac for $1.5 billion on Nov. 1. The plan to sell Worldpac has been in the works for at …

bizjournals.com

Industry Demand Looks Healthy, But Advance Still Dealing With …

2 weeks from now

10 hours ago  · The Auto Care Association estimated that the top four auto parts retail chains (led by AutoZone, O’Reilly, Advance, and Napa) in 2023 operated about 50% of the industry’s …

morningstar.com

Advance Auto Parts To Close Hundreds Of Stores; Stock Jumps

2 weeks from now

18 hours ago  · Net sales fell to $2.1 billion, down from $2.2 billion the prior year, and also lagging forecasts of $2.67 billion. Advance Auto Parts said it expects full-year net sales from continuing ...

investopedia.com