Advance is offering its Speed Perks Members double points on Pennzoil synthetic motor oil, Gold and Platinum batteries and Carquest Platinum brake pads and rotors at its more than 4,300 stores across the U.S. from Aug. 29 to Sept. 2.
For the first half of 2019, Advance reported net sales of $5.3 billion, a 1.6% increase over the first half of 2018. Comparable store sales for the first half were up 1.5% year-over-year.
Customers who sign-up for Speed Perks in store, online at https://shop.advanceautoparts.com, or by texting “SPEED” to 77333 can start earning $5 Perks Bucks after spending as little as $40 online or at any Advance Auto Parts and company-owned Carquest stores in the U.S. and Puerto Rico.
McDonell brings more than two decades of marketing experience and a proven track record of building and growing brands to the Advance team.
Net sales for the first quarter of 2019 were $3 billion, a 2.7% increase versus the first quarter of the prior year. Comparable store sales for the first quarter of 2019 increased 2.7%.
Page brings more than 25 years of broad-based accounting and finance experience to Advance. Most recently, he served as senior vice president and chief accounting officer for Under Armour.
Bucking an industry trend, Advance Auto Parts said its growth in DIY sales outpaced professional sales for existing stores in the fourth quarter.
Advance Auto Parts: Any Incremental Sales From Walmart Partnership Will Be ‘Upside’ To 2019 Guidance
During Advance’s Feb. 19 conference call, President and CEO Tom Greco said any incremental sales generated from the Walmart partnership “will be all upside” to its full-year revenue guidance. Advance and Walmart announced the partnership in October.
The parts retailer’s fourth quarter net sales increased 3.3 percent to $2.1 billion.
H&R Block President and CEO Jeffrey Jones II, and former Best Buy executive Sharon McCollam join Advance’s board of directors.
Army Master Sgt. George Vera, Marine Sgt. Kirstie Ennis To Serve As Dignitaries For Advance Auto Parts Clash
These heroic military veterans will serve as Grand Marshal and Honorary Pace Car Driver for the annual NASCAR preseason race at Daytona International Speedway.
“I am pleased with our teams’ ability to deliver meaningful financial and operational improvements over the past several quarters,” said Executive Vice President and Chief Financial Officer Jeff Shepherd.