Advance Auto Parts Reaches One Billion in Commercial Sales.Company Also Celebrates Tenth Anniversary of Commercial Sales Program ROANOKE, Va. -- Advance Auto Parts Founded in 1932, Advance Auto Parts (NYSE: AAP), headquartered in Roanoke, Virginia, is the second-largest retailer of automotive replacement parts and accessories in the United States. AAP had 2005 sales of approx. $4. , Inc. (NYSE NYSE See: New York Stock Exchange :AAP AAP - Association of American Publishers ), a leading automotive aftermarket retailer of parts, batteries, accessories and maintenance items announced that the Company has reached a milestone of $1 billion in commercial sales during a single fiscal year, excluding Autopart International stores. In addition, 2006 marks the tenth anniversary of the launch of the Company's commercial sales program. Advance Auto Parts began its commercial sales program in 1996 in the Roanoke, Virginia Roanoke is an independent city located in the Commonwealth of Virginia. The city of Roanoke is adjacent to the city of Salem and the town of Vinton and is otherwise surrounded by, but politically separate from, Roanoke County. market. Since that time, the Company has focused on growing the program to meet the needs of Advance's Do-It-For-Me (DIFM DIFM Do It for Me (as opposed to Do It Yourself) DIFM Due-In From Maintenance DIFM Digital Instantaneous Frequency Measurement DIFM Distributed Interactive Fire Mission ) customers. As of the end of the Company's third quarter on October 7, 2006, 2,398 Advance stores operated a commercial delivery program, which represented approximately 81 percent of the Company's store base; and commercial sales comprised approximately 23 percent of total sales in Advance Auto Parts stores. "This is a tremendous milestone for our company and our Commercial Sales team," says Michael Coppola Michael "Trigger Mike" Coppola (1904 - October 1, 1966) was a New York mobster involved in narcotics who headed many Luciano-Genovese family criminal operations from the late 1930's until the early 1960's. , Chairman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We thank our commercial customers for their loyalty and patronage. In addition, I would like to thank both our Store and Commercial teams for providing all our customers with the knowledgeable advice and legendary service for which Advance Auto Parts is known." "In addition to this milestone for our commercial program, 2006 has held many celebration opportunities including opening our 3,000th store and celebrating our fifth anniversary as a public company," continues Coppola. "We are also on the cusp of celebrating, in 2007, 75 years of serving our customers. The Advance Auto Parts team has many reasons to celebrate our history and accomplishments, and to get even more excited about our future opportunities." About Advance Auto Parts, Inc. Headquartered in Roanoke, Va., Advance Auto Parts is the second-largest retailer of automotive parts, accessories, batteries and maintenance items in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. based on sales and store count. As of October 7, 2006, the Company operated 3,029 stores in 40 states, Puerto Rico and the Virgin Islands. The Company serves both the do-it-yourself and professional installer markets. Additional information about the Company, employment opportunities, services, as well as on-line purchase of parts and accessories can be found on the Company's Web site at www.AdvanceAutoParts.com. |
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