ADVANCE AUTO PARTS, INC. (NYSE:AAP) Files An 8-K Results of Operations and Financial Condition

ADVANCE AUTO PARTS, INC. (NYSE:AAP) Files An 8-K Results of Operations and Financial Condition

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Item 2.02 Results of Operations and Financial Condition.

On February 21, 2017, Advance Auto Parts, Inc. (the “Company”)
issued a press release setting forth its financial results for its
fourth quarter>and fifty-two>weeks ended December 31, 2016.
This release includes forward looking statements including, but are
not limited to, statements related to the Company’s 2017 fiscal
year.
The Company’s financial results for the fourth quarter>and
fifty-two>weeks ended December 31, 2016>and January 2,
2016>include General Parts International, Inc. (“GPI”)
integration costs, store consolidation costs, support center
restructuring expenses and amortization of GPI acquired intangible
assets. As a result of these expenses, the Companys financial
results for these periods include certain non-operational expenses.
Thus, the Companys financial results have been presented in this
press release on both a generally accepted accounting principles
(“GAAP”) basis and on an adjusted basis to exclude the
integration costs, store consolidation costs, restructuring
expenses and amortization recognized in the respective periods. The
Company has provided the required reconciliations of the financial
results reported on an adjusted basis to the most directly adjusted
GAAP basis and has provided an explanation as to why the financial
results presented on a non-GAAP basis are useful to investors.
The press release is attached as Exhibit 99.1 and incorporated by
reference herein.
Item 9.01 Financial Statements and Exhibits.>
(d) Exhibits.
Exhibit Number
99.1
Press Release, dated February 21, 2017, issued by Advance
Auto Parts, Inc.
Note: The information contained in this Current Report on Form 8-K
(including Exhibit 99.1) shall not be deemed to be filed for the
purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, or otherwise subject to the liabilities of that section.
>
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
ADVANCE AUTO PARTS, INC.
(Registrant)
Date: February 21, 2017
/s/ Thomas B. Okray
()*
Thomas B. Okray
Executive Vice President and Chief Financial Officer
* Print name and title of the signing officer under his


About ADVANCE AUTO PARTS, INC. (NYSE:AAP)

Advance Auto Parts, Inc. provides automotive aftermarket parts in North America, serving do-it-for-me (commercial) and do-it-yourself (DIY), customers, as well as independently owned operators. The Company’s stores and branches offer a selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks. The Company also offers other miscellaneous offerings, including e-services. The Company operates approximately 5,170 total stores and over 120 branches, which operate in the United States, Canada, Puerto Rico and the United States Virgin Islands under the names Advance Auto Parts, Autopart International (AI), Carquest and Worldpac. The Company serves its commercial customers and DIY customers through various channels ranging from traditional brick and mortar store locations to self-serving e-commerce sites.

ADVANCE AUTO PARTS, INC. (NYSE:AAP) Recent Trading Information

ADVANCE AUTO PARTS, INC. (NYSE:AAP) closed its last trading session up +0.59 at 161.58 with 1,561,644 shares trading hands.

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