Quantcast
Jump to content

DIY like a pro! Shop from over 1,000,000 Repair Manuals at eManualOnline.com! As low as $14.99 per manual. Shop now.


DIY like a pro! Shop from over 1,000,000 Repair Manuals at eManualOnline.com! As low as $14.99 per manual. Shop now.


DIY like a pro! Shop from over 1,000,000 Repair Manuals at eManualOnline.com! As low as $14.99 per manual. Shop now.

  • Welcome to Auto Parts Forum

    Whether you are a veteran automotive parts guru or just someone looking for some quick auto parts advice, register today and start a new topic in our forum. Registration is free and you can even sign up with social network platforms such as Facebook, Twitter, Google, and LinkedIn. 

     

AutoZone Vs. Advance Vs. O'Reilly


TieRod
 Share

Recommended Posts

Interesting article about the big 3 retailers. Advance seems to be losing market share while Autozone is said to be able to ride out online and retail competitive pressures, while O'reilly is growing.

link hidden, please login to view

 

Keep a vehicle long enough and you’re bound to make a trip to the parts store, but which of the big chains is best positioned to motor ahead?

No. 2 Advance Auto Parts, Inc. 

link hidden, please login to view
 is looking like an also-ran compared to AutoZone, Inc. 
link hidden, please login to view
 and O'Reilly Automotive Inc 
link hidden, please login to view
, according Bank of America Merrill Lynch analyst 
link hidden, please login to view
.

Advance Losing Market Share

She put Advance at Underperform and set a price target of $87.50, reinstating coverage of the stock and two of its rivals. It was trading at $97.94, down 12 cents at last check.

link hidden, please login to view

She rated AutoZone at Buy and set a price target of $625. It was trading at $544.55, up 5.78 percent, at last check.

She rated O’Reilly Automotive a Buy with a price target of $250. It was at $200.15, up 1.61 percent.

Advance has been hit hardest among the parts chains, down 42 percent on the year compared to 30 percent for the sector, she wrote. Its problems include market share loss and restructuring efforts that have yet to pay off in earnings growth.

Advance has to be hoping for restructuring initiates to bear fruit, a significant downturn in new vehicle sales, improvements in the supply chain or a buyout by one of its competitors.

Industry leader AutoZone seems position to withstand the online and bricks-and-mortar competition, she wrote.

No. 3 O’Reilly plans to add 190 stores this year and its robust network of distribution centers and hub stores enables it to deliver parts quickly.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

  • Similar Topics

    • By Counterman
      Advance Auto Parts announced it has opened 22 new stores in the Los Angeles market as part of the company’s broader strategic expansion into the Western United States. 
      In spring 2021, Advance announced its plan to expand into California by leasing 109 Pep Boys stores and converting them to Advance stores, more than half of which are in the Los Angeles area. 
      “We estimate that 70% of our customers in Los Angeles fit the profile of the classic do-it-yourselfer. Pairing that with the more than 7.6 million registered vehicles in Los Angeles’ unique car culture, this is a tremendous opportunity for Advance to bring care and speed to motorists through expert advice and best-in-class products and services,” said Tom Greco, president and chief executive officer of Advance. “Our timing couldn’t be better as the average vehicle age increases while used car and gasoline prices are rising, resulting in greater demand for vehicle maintenance.”
      Vehicle owners in Los Angeles and other parts of the West will gain access to everything Advance stores offer, such as free curbside and in-store pickup within 30 minutes of ordering online, as well as some of the most trusted automotive brands in the world, including DieHard, the company noted. In response to the emerging popularity of hybrid and electric cars, Advance last month introduced the DieHard EV battery – the first-to-market 12-volt battery designed specifically for hybrid and electric vehicles and sold exclusively at Advance.
      Advance also will support local communities and professional technicians across California by employing approximately 1,850 team members in the state when all 109 stores are converted, including staffing the company’s newly opened 45,000-square-foot “super hub” flagship location, centrally located off the 10 and 110 freeways in the Pico Union neighborhood near downtown Los Angeles. 
      With a growing need to service the approximately 14 million registered vehicles in California, including an increased number of electric and hybrid vehicles, Advance also brings the ability for professional repair partners to expand their technical knowledge with virtual and in-person training opportunities, available through Carquest Technical Institute and Worldpac Training Institute, which are developed and taught by factory-trained instructors and available to automotive technicians nationwide, Advance noted.
      The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
    • By AutoZone
      MEMPHIS, Tenn. , June 08, 2022 (GLOBE NEWSWIRE) -- AutoZone (NYSE:AZO) recognized 16 of its top vendors last night at its 2022 Vendor Partner Summit. The awards honor companies who provided exceptional performance and demonstrated a strong commitment to customer satisfaction during the past year.
      link hidden, please login to view
    • By Counterman
      Representing “the next wave of DieHard brand innovation,” the hand tools are “made to deliver reliability and confidence that’s ideal for all DIYers, including the new, younger generation of auto enthusiasts,” Advance said in a news release.  
      “We saw an opportunity to speak to the evolving, modern DIYer who’s looking to not only explore and build their DIY skills, but also their DIY confidence,” said Jason McDonell, executive vice president of merchandising, marketing and eCommerce at Advance. “That’s why DieHard hand tools are built with innovation in mind, along with the reliability and durability DieHard is known for.”
      A new, younger generation of auto enthusiasts with different levels of DIY confidence, ambitions and passions has emerged alongside an increase in vehicle demand and retention. In fact, the auto care category is expected to grow by 4.7% between now and 2027. The DieHard hand tools were specifically made to deliver the reliability and confidence these new, modern DIYers need, Advance noted.
      “This generation builds their toolbox over time, on a project-by-project basis that creates memory after memory,” said McDonell. “We wanted to develop tools that power their full potential – from the screwdriver that helped replace a taillight to learning why a ratchet is every auto DIYers best friend.”
      Hitting shelves and online just in time for Father’s Day, new DieHard hand tools are lab-tested to exceed all industry testing standards for strength and durability, with all hand tools coming with a lifetime warranty. DieHard tools were designed with new features, including an anti-slip design on all combination wrenches; ergonomic handles on all drivers; and professional-quality, 90-tooth sealed head ratchets that will last a lifetime, according to the company.
      Since acquiring the DieHard brand in 2019, Advance Auto Parts has continued to position the brand as driving the next generation of car care. Advance has brought the 50-year legacy of DieHard batteries to a new category – tools – and recently entered the electric-vehicle conversation with the launch of the first-to-market 12-volt battery designed specifically for hybrid and electric vehicles, DieHard EV.
      Advance Auto Parts also began rolling out DieHard power tools, jacks and lifts online and in store late last year. In honor of Father’s Day, shoppers can take $20 off the
      link hidden, please login to view from May 26 to June 22. To further celebrate the confidence new DieHard hand tools empower, this Father’s Day, Advance identified and surprised two modern DIY dads during their first foray into DIY with their own personal hype man, Jake Fehling – the “DieHard Hype Man in a Van.” With the help of Advance, Fehling charged into each DIY moment in a DieHard-branded van to encourage those selected and power future projects with a lifetime supply of DieHard hand tools.
      The retailer’s “DieHard Hype Man in a Van” also visited a local Advance Auto Parts in Charlotte, North Carolina, to surprise and delight dads “in the wild” with their own new set of DieHard hand tools.
      link hidden, please login to view. The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
    • By Counterman
      Jennerstown Speedway in Jennerstown, Pennsylvania has claimed the $50,000 prize as winner of the “Advance My Track Challenge,” a community engagement-based program led by Advance Auto Parts.
      Jennerstown secured the most votes out of six NAAPWS (NASCAR Advance Auto Parts Weekly Series) tracks participating in the final round of voting. Opened in the late 1920s as a dirt oval, the speedway was paved in 1987. Officially measuring as a .522-mile track, Jennerstown hosts NAAPWS racing and other racing series from April to October on an annual basis.
      Jennerstown will be able to use the grand prize for capital facility enhancements and efforts to support the local community.
      “Jennerstown is a true gem of the grassroots racing scene in Pennsylvania, and we’re proud to celebrate their team and community as winners of the Advance My Track Challenge,” said Jason McDonell, Advance’s executive vice president of merchandising, marketing and eCommerce. “Fans have supported racing at Jennerstown for generations and winning this challenge is a great example of their passion and dedication for their local track. We’ve enjoyed seeing how Advance My Track has been embraced by the racing community and we look forward to advancing grassroots racing in the years to come.”
      Jennerstown also will host an Advance Auto Parts-themed night for race fans during an upcoming weekend of racing in 2022. As part of the Advance My Track Challenge, Advance awarded $15,000 to the track finishing with the second-most votes, Alaska Raceway Park in Palmer, Alaska. The track finishing in third, Adams County Speedway in Corning, Iowa, received $10,000.
      “It’s great to see a historic track such as Jennerstown win the Advance My Track Challenge in their return to the NASCAR Advance Auto Parts Weekly Series family,” said NASCAR Senior Vice President of Racing Development & Strategy Ben Kennedy. “We know Jennerstown will use this award to continue to elevate the track and grassroots racing within the community, and we appreciate Advance’s continued dedication to supporting these facilities. Additionally, we’re looking forward to Alaska Raceway Park and Adams County Speedway taking advantage of their opportunity to build upon their strong foundation in their regions.”
      The Advance My Track Challenge began April 5, with 21 NAAPWS tracks across the United States and Canada represented in the program’s first round of voting. Fans voted up to three times daily in the first round, which concluded May 6. The six tracks receiving the most fan votes took part in the final round of voting, from May 9-13.
      More than 130,000 total votes were tallied during this year’s challenge.
      Advance promoted the program through its partnership with the Team Penske organization and its driver Ryan Blaney, a seven-time NASCAR Cup Series race winner. He raced the No. 12 Advance Auto Parts Ford Mustang with “Advance My Track Challenge” branding at the April 9 Martinsville Speedway race and on May 9 at Darlington Raceway.
      “First off, I’m excited for the team at Jennerstown,” said Blaney. “It’s a track that has meant a lot to my family. My grandfather raced there for many years, so it’s neat to see them win the Advance My Track Challenge. This is such an outstanding program, and I think it’s great what Advance is doing to support local race tracks. These tracks are all so important to their communities, and for local race fans, there’s no better value than visiting your local NASCAR track on a Saturday.”
      Learn more about the drivers, teams and NASCAR’s local tracks that make up the NASCAR Advance Auto Parts Weekly Series by visiting the series page on
      link hidden, please login to view. The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view

    • DIY like a pro! Shop from over 1,000,000 Repair Manuals at eManualOnline.com! As low as $14.99 per manual. Shop now.


      DIY like a pro! Shop from over 1,000,000 Repair Manuals at eManualOnline.com! As low as $14.99 per manual. Shop now.


      DIY like a pro! Shop from over 1,000,000 Repair Manuals at eManualOnline.com! As low as $14.99 per manual. Shop now.

    • By Counterman
      Advance Auto Parts reported first-quarter net sales of $3.4 billion, a 1.3% year-over-year increase.
      Comparable-store sales increased by 0.6%. However, comparable sales increased by 25.3% on a two-year stack, which blends comparable-sales from 2022 and 2021.
      “In the first quarter of 2022, we delivered our eighth consecutive quarter of comparable-store sales, adjusted operating income and adjusted earnings per share growth,” said Tom Greco, president and chief executive officer. “We started 2022 with strong mid-single-digit comp growth through the first 10 weeks of our 16-week quarter. During the final six weeks, we experienced comp declines driven by our DIY omnichannel business. This was primarily a result of headwinds from the expected lap of the DIY sales boost from the 2021 stimulus as well as a slower start to the spring selling season due to cooler temperatures and higher precipitation. These headwinds have subsided during the first four weeks of our second quarter with comparable-sales growth within our full-year guidance range.”
      On the same day that Advance announced its first-quarter results, the company introduced the DieHard EV with xEV by Clarios. Advance says it’s the first auto parts retailer to sell 12-volt batteries designed specifically for hybrid and battery-electric vehicles.
      “We believe the investments we’ve made in the company, our team members as well as our supplier partners are enabling us to capitalize on emerging opportunities while staying focused on the disciplined execution of our long-term strategic plan,” Greco said. “Consistent with this, we continue to build and strengthen a differentiated customer offering behind improved parts availability, industry-leading innovation and an enhanced online and in-store experience. This includes today’s announcement that Advance Auto Parts is the first-to-market with our exclusive DieHard EV battery for hybrid and battery electric vehicles. This innovative 12-volt battery will provide improved and longer-lasting battery performance for the increasing power demands of hybrid and electric vehicles.”
      Advance reaffirmed its full-year guidance of net sales between $11.2 billion and $11.5 billion and comparable sales increasing by 1% to 3%, among other metrics.
      “We continue to execute against our long-term plans, despite volatility within the broader macro environment,” said Jeff Shepherd, executive vice president and chief financial officer. “Based on our Q1 results and 2022 outlook, we’re reaffirming our 2022 guidance including comparable-store sales growth, adjusted operating-margin expansion and double-digit adjusted earnings-per-share growth. Importantly, we’re slightly increasing our adjusted diluted EPS guidance range reflecting year-to-date share repurchases.”
      The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
×
  • Create New...