Business Context and Reporting Period
Company: Advance Auto Parts, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: November 20, 2003
Reporting Period: The filing reports on a specific transaction completed after the close of business on November 18, 2003, and a press release issued on November 19, 2003.
Key Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The document is a regulatory disclosure regarding a specific equity transaction.
Material Changes
The material event disclosed is the sale of company stock by a significant shareholder:
- Seller: FS Equity Partners IV, L.P., an investment fund controlled by Freeman Spogli & Co. LLC.
- Transaction: Sale of 1.5 million shares of Advance Auto Parts, Inc. common stock.
- Timing: Transaction completed after market close on November 18, 2003.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It serves solely to disclose the share sale under Regulation FD and includes a press release as Exhibit 99.1.
Investor Verification Checklist
- Verify the current ownership percentage of FS Equity Partners IV, L.P. following the sale of 1.5 million shares.
- Review the attached press release (Exhibit 99.1) for details on the transaction price and total proceeds.
- Confirm if this sale triggers any additional reporting requirements or changes in beneficial ownership filings (Schedule 13D/G).