Skip to main content

Advance Auto Parts - Fundamentalanalyse - Jahresbericht / Bilanz / Geschäftsbericht

Advance Auto Parts (ISIN: US00751Y1064, WKN: 982516) Kursdatum: 21.07.2017 Kurs: 105,270 USD
Beschreibung Daten
Symbol AAP
Marktkapitalisierung 7.761.872.896,00 USD
Land Vereinigte Staaten von Amerika
Indizes S&P 500
Sektor Konsumgüter
Rohdaten nach US GAAP in Millionen USD
Aktiensplits 2005-09-26 - 3:2 | 2004-01-05 - 2:1 |
Internet
Letztes Bilanz Update 28.02.2017

Fundamentaldaten

Fundamental Verhältnisse errechnet am: 21.07.2017
KFCV KCV DIV Rendite GKR EKQ KGV KUV KBV
17,59 11,25 0,23% 5,80 30,25 16,45 0,80 3,15

Firmenbeschreibung

Quarterly Financial Data (unaudited):The following table summarizes quarterly financial data for Fiscal 2015 and 2014:2015 First Second Third Fourth  (16 weeks) (12 weeks) (12 weeks) (12 weeks)Net sales $3,038,233 $2,370,037 $2,295,203 $2,033,545Gross profit 1,393,924 1,087,289 1,032,387 909,172Net income 148,112 149,998 120,469 54,819         Basic earnings per common share 2.02 2.04 1.64 0.75Diluted earnings per common share 2.00 2.03 1.63 0.74         2014 First Second Third Fourth  (16 weeks) (12 weeks) (12 weeks) (13 weeks)Net sales $2,969,499 $2,347,697 $2,289,456 $2,237,209Gross profit 1,353,122 1,062,108 1,034,442 1,003,941Net income 147,726 139,488 122,177 84,434         Basic earnings per common share 2.02 1.91 1.67 1.15Diluted earnings per common share 2.01 1.89 1.66 1.15Note: Quarterly and year-to-date computations of per share amounts are made independently. Therefore, the sum of per share amounts for the quarters may not be equal to the per share amount for the year.

Firmenstrategie

Principles of Consolidation The consolidated financial statements include the accounts of Advance and its wholly owned subsidiaries. All intercompany balances and transactions have been eliminated in consolidation.

RevenueRecognitionPolicyTextBlock

Revenue Recognition


The Company recognizes revenue at the time the sale is made, at which time the Company’s walk-in customers take immediate possession of the merchandise or same-day delivery is made to the Company’s commercial delivery customers, which include certain independently-owned store locations. For e-commerce sales, revenue is recognized either at the time of pick-up at one of the Company’s store locations or at the time of shipment depending on the customer’s order designation. Sales are recorded net of discounts, sales incentives and rebates, sales taxes and estimated returns and allowances. The Company estimates the reduction to sales and cost of sales for returns based on current sales levels and the Company’s historical return experience. The Company’s reserve for sales returns and allowances was not material as of January 2, 2016 and January 3, 2015.


SegmentReportingDisclosureTextBlock

Segment and Related Information:


As of January 2, 2016, the Company's operations are comprised of 5,171 stores and 122 branches, which operate in the United States, Canada, Puerto Rico and the U.S. Virgin Islands primarily under the trade names “Advance Auto Parts,” "Carquest," "Autopart International" and "Worldpac." These locations offer a broad selection of brand name, OEM and proprietary automotive replacement parts, accessories, and maintenance items primarily for domestic and imported cars and light trucks. While the mix of Commercial and DIY customers varies among the four store brands, all of the locations serve customers through similar distribution channels. The Company is implementing a multi-year plan to fully integrate the Carquest company-operated stores and overall operations into Advance Auto Parts and to eventually integrate the availability of all of the Company's product offerings throughout the entire chain.


The Company's Advance Auto Parts operations are currently comprised of five geographic areas which include the operations of the stores operating under the Advance Auto Parts, Carquest and Autopart International trade names. Each of the Advance Auto Parts geographic areas, in addition to Worldpac, are individually considered operating segments which are aggregated into one reportable segment. Effective in the first quarter of 2015, the Company expanded from three geographic areas, which previously comprised the Advance Auto Parts and Autopart International operations, to five areas, inclusive of the Carquest operations, such that Carquest is no longer an operating segment. Included in the Company's overall store operations are sales generated from its e-commerce platforms. The Company's e-commerce platforms, primarily consisting of its online websites and Commercial ordering platforms, are part of its integrated operating approach of serving its Commercial and DIY customers. The Company's online websites allow its DIY customers to pick up merchandise at a conveniently located store location or have their purchases shipped directly to them. The majority of the Company's online DIY sales are picked up at store locations. Through the Company's online ordering platforms, Commercial customers can conveniently place orders with a designated store location for delivery to their places of business or pick-up.


The following table summarizes financial information for each of the Company’s product groups for the years ended January 2, 2016, January 3, 2015 and December 28, 2013, respectively.

 
 
2015
 
2014
 
2013
Percentage of Sales, by Product Group
 
 
 
 
 
 
Parts and Batteries
 
69
%
 
69
%
 
67
%
Accessories
 
13
%
 
13
%
 
14
%
Chemicals
 
7
%
 
8
%
 
10
%
Oil
 
8
%
 
8
%
 
9
%
Other
 
3
%
 
2
%
 
%
Total
 
100
%
 
100
%
 
100
%

EarningsPerSharePolicyTextBlock

Earnings per Share


The Company uses the two-class method to calculate earnings per share. Under the two-class method, unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are considered participating securities and are included in the computation of earnings per share. Certain of the Company’s shares granted to Team Members in the form of restricted stock and restricted stock units are considered participating securities.


Accordingly, earnings per share is computed by dividing net income attributable to the Company’s common shareholders by the weighted-average common shares outstanding during the period. The two-class method is an earnings allocation formula that determines income per share for each class of common stock and participating security according to dividends declared and participation rights in undistributed earnings. Diluted income per common share reflects the more dilutive earnings per share amount calculated using the treasury stock method or the two-class method.


Basic earnings per share of common stock has been computed based on the weighted-average number of common shares outstanding during the period, which is reduced by stock held in treasury and shares of nonvested restricted stock units. Diluted earnings per share is calculated by including the effect of dilutive securities. Diluted earnings per share of common stock reflects the weighted-average number of shares of common stock outstanding, outstanding deferred stock units and the impact of outstanding stock options and stock appreciation rights (collectively “share-based awards”). Share-based awards containing performance conditions are included in the dilution impact as those conditions are met.