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Campaigns / Starboard Value → Advance Auto Parts
Starboard Value vs. Advance Auto Parts

Advance Auto Parts · AAP

1 deck published between 2015-09-30 and 2015-09-30 — 23 pages, 23 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2015-09-30 initial thesis

    2015 09 Starboard Advanced Auto Parts Presentation Sep 2015

    23pp · full_deck

    AAP trails O'Reilly and AutoZone by 800-900bps in EBITDA margins; closing the gap plus Worldpac monetization, buybacks, and multiple rerating drives AAP from $171 to over $350.