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ADVANCE ™ AUTO PARTS Exhibit 99.1 Advance Auto Parts Reports Second Quarter 2026 Results 1 Q2 2026 Adjusted Operating Income Margin Expands By Over 250 Basis Points Year - Over - Year 1 Reaffirms Full Year 2026 Sales , Adjusted Operating Income Margin and Free Cash Flow Guidance 1 Repurchased Debt ; Net Leverage Moved Lower to 2.1x in Q2 2026 From 2.4x in Q1 2026 RALEIGH , N.C. , August 20 , 2026 - Advance Auto Parts , Inc. ( NYSE : AAP ) , a leading automotive aftermarket parts provider in North America , that serves both professional installer and do - it - yourself customers , announced its financial results for the second quarter ended July 18 , 2026 . " During the second quarter , the Advance team maintained focus on executing our strategic initiatives to achieve solid profitability , while navigating a volatile demand environment and I thank the team for their hard work and commitment to serving our customers , " said Shane O'Kelly , president and chief executive officer . " Our second quarter comparable sales results reflected low - single - digit growth in the Pro channel , which performed in line with expectations along with Main Street Pro trends outpacing overall Pro trends . However , total enterprise sales performance was impacted by the DIY channel as tighter household budgets constrained spending more than we anticipated , especially during the last four weeks of the quarter . The focus on executing our initiatives helped Advance achieve a significant milestone with the return to positive year to date free cash flow , following two years of outflows . We view this as an important proof point in our strategic journey as we work to create long - term value for our shareholders . " Second Quarter 2026 Results ( 1 ) Second quarter 2026 net sales totaled $ 2.0 billion , compared with $ 2.0 billion in the second quarter of the prior year . Comparable store sales for the second quarter 2026 decreased 0.5 % . The Company's second quarter 2026 gross profit was $ 0.9 billion , or 46.2 % of net sales compared with $ 0.9 billion , or 43.5 % in the second quarter of 2025. Adjusted gross profit was $ 0.9 billion , or 46.2 % of net sales in the second quarter of 2026 compared with $ 0.9 billion , or 43.8 % in the second quarter of 2025. Second quarter 2026 adjusted gross profit included $ 26 million in refunds related to tariffs that were previously paid under the International Emergency Economic Powers Act ( IEEPA ) . Excluding these refunds , the increase in gross profit as a percentage of net sales compared to the second quarter of 2025 was primarily driven by expansion in product margin supported by our merchandising initiatives . The Company's second quarter 2026 selling , general and administrative ( SG & A ) expenses were $ 0.8 billion , or 41.1 % of net sales compared with $ 0.9 billion , or 42.4 % of net sales in the second quarter of 2025. Adjusted SG & A expenses were $ 0.8 billion , or 40.6 % of net sales in the second quarter of 2026 compared with $ 0.8 billion , or 40.7 % of net sales in the second quarter of 2025 . The Company's second quarter 2026 operating income was $ 101 million , or 5.1 % of net sales , compared with $ 22 million , or 1.1 % of net sales in the second quarter of 2025. Adjusted operating income was $ 112 million or 5.6 % of net sales in the second quarter of 2026 , compared with $ 61 million or 3.0 % of net sales in the second quarter of 2025 . ( 1 ) The Company calculates comparable store sales based on the change in store sales starting once a location has been open for approximately one year and by including e - commerce sales and excluding sales fulfilled by distribution centers to independently owned Carquest locations . The Company includes sales from relocated stores in comparable store sales from the original date of opening . Closed stores are not included in the comparable store sales calculation . Comparable store sales is intended only as supplemental information and is not a substitute for Net sales presented in accordance with accounting principles generally accepted in the United States of America ( " GAAP " ) . ADVANCE AUTO PARTS