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Advance Auto Parts Reports Fourth-Quarter Results


ROANOKE, Va. – Advance Auto Parts has announced its financial results for its fourth quarter and fiscal year ended Dec. 31, 2011.

Fourth-quarter comparable earnings per diluted share (EPS) were 90 cents, which was a 57.9 percent increase over the fourth quarter of fiscal 2010. For fiscal 2011, EPS increased 29.4 percent to $5.11 on top of a 31.7 percent increase in EPS during fiscal 2010.

Total sales for the fourth quarter increased 4.5 percent to $1.33 billion, compared with total sales of $1.27 billion during the fourth quarter of fiscal 2010. Advance said the 4.5 percent sales increase reflects the net addition of 99 new stores during the past 12 months and a comparable store sales gain of 2.9 percent compared to an 8.9 percent comparable store sales gain during the fourth quarter of fiscal 2010. Fiscal 2011 comparable store sales increased 2.2 percent on top of an 8 percent increase in fiscal 2010.

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