Advance Auto Parts, Inc. (NYSE:AAP) Q3 2023 Earnings Conference Call November 15, 2023 8:00 AM ET

Company Participants

Elisabeth Eisleben - Senior Vice President, Communications and Investor Relations

Shane O'Kelly - President and Chief Executive Officer

Tony Iskander - Interim Chief Financial Officer

Conference Call Participants

Michael Lasser - UBS

Christian Carlino - JPMorgan

Elizabeth Suzuki - Bank of America Merrill Lynch

Steven Zaccone - Citigroup

Bret Jordan - Jefferies

Scot Ciccarelli - Truist Securities

Jacquelyn Sussman - Morgan Stanley

Chris Bottiglieri - BNP Paribas

Steven Forbes - Guggenheim Partners

Seth Basham - Wedbush

Zachary Fadem - Wells Fargo

Michael Montani - Evercore ISI

Brian Nagel - Oppenheimer

Operator

Hello and welcome to the Advance Auto Parts' Third Quarter 2023 Conference Call. Before we begin, Elisabeth Eisleben, Senior Vice President, Communications and Investor Relations, will make a brief statement concerning forward-looking statements that will be discussed on this call.

Elisabeth Eisleben

Good morning and thank you for joining us to discuss our Q3 2023 results. I'm joined by Gene Lee, our Interim Executive Chair; Shane O'Kelly, President and Chief Executive Officer; and Tony Iskander, Interim Chief Financial Officer. Following Shane and Tony's prepared remarks, we will turn our attention to answering your questions.

Before we begin, please be advised that remarks today will contain forward-looking statements. All statements other than statements of the historical fact are forward-looking statements, including but not limited to statements regarding our ongoing strategic and operational review, initiatives, plans, projections and future performance. Actual results could differ materially from those projected or implied by the forward-looking statements.

Additional information about factors that could cause actual results to differ can be found under the captions Forward-Looking Statements and Risk Factors in our most recent Form 10-K and subsequent filings made with the commission.

Now let me turn the call over to Shane.

Shane O'Kelly

Good morning, everyone, and thank you for joining us. I'm pleased to be here for my first earnings call as the CEO of Advance. We have several topics to discuss with you this morning.

But before I begin, I'd like to thank all of Advance's team members who I've come to know during my first 60 days with the company. During that time, I visited our stores across multiple markets, met with numerous customers, spent time in our distribution centers, got to know our Carquest Independence and attended our Annual Vendor Summit where I had the chance to meet with many of our major suppliers.