Business Context and Reporting Period
This Form 8-K Current Report was filed by Advance Auto Parts, Inc. on September 8, 2003, regarding events occurring on September 5, 2003. The filing serves as a Regulation FD disclosure concerning a significant transaction involving a major shareholder.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a specific equity transaction rather than periodic financial performance.
Material Changes
- Shareholder Transaction: FS Equity Partners IV, L.P., an investment fund controlled by Freeman Spogli & Co. LLC, sold 1.25 million shares of Advance Auto Parts, Inc. common stock.
- Transaction Timing: The sale was completed after the close of business on September 4, 2003.
- Disclosure: The company issued a press release on September 5, 2003, to announce this transaction.
Guidance, Outlook, and Risks
The filing does not contain management commentary on future guidance, outlook, or operational risks. It strictly reports the sale of shares by a significant investor. The document includes a standard disclaimer stating that the information contained in this report (including the attached press release) shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934.
Investor Verification Checklist
- Verify the current ownership percentage of FS Equity Partners IV, L.P. following the sale of 1.25 million shares.
- Review the attached Exhibit 99.1 (Press Release dated September 5, 2003) for details on the transaction price and remaining holdings.
- Confirm if this transaction triggers any additional reporting requirements under beneficial ownership rules.