Advance Auto Parts Inc 2025年季度报告

FORM10-Q________________________________________________________________ ☒QUARTERLY REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period endedOctober4, 2025 ☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period from ________ to ________. ADVANCE AUTO PARTS, INC. (Exact name of registrant as specified in its charter)_________________________ 54-2049910 4200 Six Forks Road,Raleigh,North Carolina27609(Address of principal executive offices) (Zip Code)(540)362-4911(Registrant’s telephone number, including area code) Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Act of1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to suchfiling requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Registration S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submitsuch files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer,a non-accelerated filer, a smaller reporting company oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growthcompany”in Rule 12b-2 of the Exchange Act. ☒Accelerated filer☐Smaller reporting companyEmerging growth company Large accelerated filerNon-accelerated filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ As of October27, 2025, the number of shares of the registrant’s common stock outstanding was60,022,245shares. TABLE OF CONTENTS PageNOTE REGARDING FORWARD LOOKING STATEMENTS1PART I.FINANCIAL INFORMATIONItem 1.Condensed Consolidated Financial Statements of Advance Auto Parts, Inc. and Subsidiaries(unaudited)2Condensed Consolidated Balance Sheets2Condensed Consolidated Statements of Operations3Condensed Consolidated Statements of Comprehensive Income4Condensed Consolidated Statements of Changes in Stockholders’ Equity5Condensed Consolidated Statements of Cash Flows7Notes to the Condensed Consolidated Financial Statements9Item 2.Management's Discussion and Analysis of Financial Condition andResults of Operations22Item 3.Quantitative and Qualitative Disclosures About Market Risk34Item 4.Controls and Procedures34PART II.OTHER INFORMATIONItem 1.Legal Proceedings34Item 1A.Risk Factors34Item 2.Unregistered Sales of Equity Securities and Use of Proceeds35Item 5.Other Information36Item 6.Exhibits37SIGNATURE38 FORWARD-LOOKING STATEMENTS Certain statements herein are “forward-looking statements” within the meaning of the Private Securities Litigation ReformAct of 1995. Forward-looking statements are usually identifiable by words such as “anticipate,” “believe,” “could,” “estimate,”“expect,” “forecast, “guidance,” “intend,” “likely,” “may,” “plan,” “position,” “possible,” “potential,” “probable,” “project,” “should,”“strategy,” “target,” “will,” or similar language. All statements other than statements of historical fact are forward-looking statements,including, but not limited to, statements about the Company’s strategic initiatives, restructuring and asset optimization plans, financialobjectives, including with respect to the Company's reorganized debt capital structure, operational plans and objectives, statementsabout the benefits of the Company's Worldpac sale and use of proceeds therefrom, statements regarding expectations for economicconditions, future business and financial performance, including with respect to tariffs, as well as statements regarding underlyingassumptions related thereto. Forward-looking statements reflect the Company’s views based on historical results, current informationand assumptions related to future developments. Except as may be required by law, the Company undertakes no obligation to updateany forward-looking statements made herein. Forward-looking statements are subject to a number of risks and uncertainties that couldcause actual results to differ materially from those projected or implied by the forward-looking statements. They include, amongothers, the Company’s ability to hire, train and retain qualified employees, the timing and implementation of strategic initiatives, risksassociated with the Company’s restructuring and asset optimization plans, risks relating to incurrence of indebtedne