Advance Auto Parts, Inc. (NYSE:AAP) Q4 2023 Earnings Conference Call February 28, 2024 8:00 AM ET

Company Participants

Elisabeth Eisleben - Senior Vice President, Communications and Investor Relations

Shane O'Kelly - President and Chief Executive Officer

Ryan Grimsland - Executive Vice President and Chief Financial Officer

Conference Call Participants

Chris Horvers - JPMorgan

Michael Lasser - UBS

Simeon Gutman - Morgan Stanley

Greg Melich - Evercore ISI

Bret Jordan - Jefferies

Steven Forbes - Guggenheim Partners

Seth Sigman - Barclays

Chris Bottiglieri - BNP Paribas

Seth Basham - Wedbush Securities

Michael Baker - D.A. Davidson

Brian Nagel - Oppenheimer

Scott Ciccarelli - Truist Securities

Max Rakhlenko - Cowen and Company

Operator

Welcome to the Advance Auto Parts' Fourth Quarter and Full Year 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 Q4 and Full Year 2023 results. I'm joined today by Shane O'Kelly, our President and Chief Executive Officer; and Ryan Grimsland, our Executive Vice President and Chief Financial Officer. Following Shane and Ryan'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 forward-looking statements and factors that could cause actual results to differ can be found under the captions Forward-Looking Statements in our earnings release 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 O'Kelly.

Shane O'Kelly

Thanks, Elizabeth, and good morning. Before we dive into the details of the quarter, I want to take a moment to thank the entire Advance team for their dedication and continued focus on serving our customers throughout 2023.

I continued to travel coast to coast during the past few months, meeting customers, meeting team members from our stores, and team members from our distribution centers. I remain impressed with our team's strong work ethic and their unwavering commitment to helping our customers.