As one of the foremost retailer of aftermarket automotive parts, batteries, accessories and maintenance items, Advance Auto Parts, headquartered in Roanoke, Va. will give their financial statement for the second quarter of 2007. The market result will close on August 8, 2007. A conference will be considered on the following day, August 9, 2007 specifying the company’s results which will start at 8:00 a. m. Eastern Time in conjunction with its website and by dialing (866) 908-1AAP. The replay of the business’ outcome will also be made accessible along with its website, www.AdvanceAutoParts.com and will be available for one year.

Before, Advance Auto Parts was a privately held parts dealer and later on named Advance Auto Parts, Inc. which is now a public company. Discount Auto Parts, Inc. signed a definite agreement with Advance to purchase Discount in a joined transaction that builds the second-biggest auto parts retailer in the United States based on store count and sales. Advance Auto Parts has opened its first store in Albany at 609 North Cross Street. Since April 21, 2007, the Company runs 3,150 stores in 40 states, Puerto Rico, and the Virgin Islands. Stores carry quality brand name parts such as AC Delco, Monroe, and Purolator. Advance Auto Parts provides both the do-it-yourself and professional installer markets. Advance and Discount generated more than $3.0 billion in revenues. The professional installer market consists of the auto parts that Advance sells to professional repair shops and accounts for 15% of revenue. The administration believes that large benefits will be achieved through purchasing and distribution efficiencies and other outflow savings. Such efficiencies could total $30 million on an annual basis, assumed by the Company.

Advance Auto Parts claimed that the second-store sales assessment were likely to be up 1% to 2% against the preceding guidance of 3% to 5%. The company concerns that the earnings per share (EPS) would likely be in a range of $0.57 to $0.59 versus previous guidance of $0.65 to $0.68.

Aside from providing the customers with aftermarket parts and other items, Advance Auto Parts also grants many other services especially to their workers which includes Company Paid Life Insurance, Health Care, Team Member Store Discount, Military Leave, Vacation Time, 401(K) Retirement Savings Plan, Dependent Scholarships, Service Awards, Sick Leave, Holiday Pay, Stock Purchase Plan, Business Travel Accident Insurance, Optional Part-Time Team Member Benefits Plan including limited Medical, Short Term Disability, and Term Life Insurance, Jury Duty, Medical And Dependent Care Flexible Spending Accounts, Optional Vision Care Coverage, Optional Dental Coverage, Optional Team Member Life & Accidental Death & Dismemberment Insurance, Optional Spouse Life & Accidental Death & Dismemberment Insurance, Optional Dependent Child Life & Accidental Death & Dismemberment Insurance, Optional Short-Term And Long-Term Disability Insurance, Life balance Program (Team Member Assistance Program), Optional Legal Benefits Plan, Bereavement Leave and other benefits which the Company may extend to their employees.

Automotive Aftermarket Industry has been doing well in the industry with substantial growth and it will continue to prove this development in the future.

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