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Jim Wade President. Advance Auto Parts – At a Glance. Founded in 1932 Headquartered in Roanoke, Virginia Owned by the Taubman family until 1998 Publicly traded on NYSE since 2001, Symbol : AAP Sales totaled $6.0 billion in 2010 Member of the Fortune 500
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Jim Wade President
Advance Auto Parts – At a Glance • Founded in 1932 • Headquartered in Roanoke, Virginia • Owned by the Taubman family until 1998 • Publicly traded on NYSE since 2001, Symbol: AAP • Sales totaled $6.0 billion in 2010 • Member of the Fortune 500 • Serve both the do-it-yourself (63%) and professional installer (37%)markets • Strategy focused on Service and Parts Availability
Advance Auto Parts – Our Stores • Over 3,600 stores in 39 states, Puerto Rico, and the Virgin Islands • Since1994, added over 3,200 stores half thru new store openings and half thru acquisitions • Will open approximately 120 stores in 2011 and again in 2012 • One new store every 3 days
Advance Auto Parts - Our Team • Employ over 52,000 Team Members • Over 1,600 in the Roanoke Valley • 250,000 sq. ft. corporate office at Crossroads Office facility • Regional Offices across the country in Minneapolis, Boston, Chicago, Denver, Lakeland, FL • Office in Silicon Valley, California for our E-Commerce Team • Office in Taipei, Taiwan for Global Sourcing
Our Success is Based on our Corporate Values Inspire and build the self-confidence and success of every Team Member Serve our customers better than anyone else – help them succeed Grow the business and profitability with integrity
Community Service is a Core Part of Our Values • Our Community Service Charter • Four Focus Areas for Community Service • Health-Improving the health and well being of others • Education-Helping people reach their potential by providing educational opportunities • At Risk Children and Families-Helping children and families meet their critical needs • Disaster relief-Providing timely support to those impacted by disasters
How does Community Service Work? • Modeled thru our Officer Team • Leadership roles • Culturally supported by enabling volunteerism • Culturally supported thru recognition • Garnett E. Smith Community Service Award • Includes our customers • Includes our vendors • Supported monetarily by our team members and our company
Community Support - JDRF • Garnett Smith, our former CEO and long-time Team Member, began Advance’s charitable relationship with the Juvenile Diabetes Research Foundation in 1994. • Since then, we have raised over $25 million to support the search for a cure for Type 1 Juvenile Diabetes. • Last year’s campaign raised a record-breaking $4.8 million. • Making Advance JDRF’s Number One Corporate Supporter!
Community Support – United Way We have partnered with United Way for more than 20 years to help our fellow citizens. Our 2010 United Way campaign raised more than $700,000!
Just a Few More Examples… • American Red Cross • Habitat for Humanity • American Cancer Society • W.E. Skelton 4H Center • Virginia Western Community College Education Foundation • Center in the Square • Local clubs, organizations, across the country