Throughout the year, Advance Team Members and customers are tireless in their efforts in support of diabetes research. Every September, the Company holds an annual JDRF "sneaker" sales program in more than 3,400 stores in 39 states, Puerto Rico and the Virgin Islands. Customers purchase paper "sneakers" for $1 and $5. In addition, the Company raised additional funds through its Store Support Center in Roanoke, Virginia and in distribution centers across the country by participating in local Walk to Cure Diabetes events, hosting golf tournaments, silent auctions, and other fundraisers. Advance also hosted its 1st annual Vendor Golf Tournament, which featured a golf clinic from PGA Tour pro golfer Paul Azinger and professional golf instructor Matt Killen. The first year tournament was an incredible success, raising over $1 million for JDRF in 2009. $3.8 million sets a new single year record for Advance Auto Parts.

"We appreciate the tremendous participation from both our do-it-yourself and commercial customers. Their contributions have helped Advance donate $20 million over the course of 16 years to diabetes research," said Keith Oreson, Senior Vice President, Human Resources, and Chairman of the company's JDRF campaign.

"JDRF is very proud of the ongoing support and immense dedication Advance Auto Parts has shown in helping to fight type 1 diabetes and its complications," said Alan J. Lewis, Ph.D., President and CEO of JDRF. "Congratulations and thank you to Advance Auto Parts, its customers and Team Members for 16 years of incredible support."

ABOUT JDRF

JDRF is the leader in research leading to a cure for type 1 diabetes in the world. It sets the global agenda for diabetes research, and is the largest charitable funder and advocate of diabetes science worldwide. The mission of JDRF is to find a cure for diabetes and its complications through the support of research. Type 1 diabetes is an autoimmune disease that strikes children and adults suddenly, and can be fatal. Until a cure is found, people with type 1 diabetes have to test their blood sugar and give themselves insulin injections multiple times or use a pump -- each day, every day of their lives. And even with that intensive care, insulin is not a cure for diabetes, nor does it prevent its eventual and devastating complications, which may include kidney failure, blindness, heart disease, stroke, and amputation.

Since its founding in 1970 by parents of children with type 1 diabetes, JDRF has awarded more than $1.3 billion to diabetes research, including more than $100 million in 22 countries in FY2009.

ABOUT ADVANCE AUTO PARTS, INC.

Headquartered in Roanoke, Va., Advance Auto Parts, a leading automotive aftermarket retailer of parts, accessories, batteries, and maintenance items in the United States, serves both the do-it-yourself and professional installer markets As of October 10, 2009, the Company operated 3,418 stores in 39 states, Puerto Rico, and the Virgin Islands.

Advance Auto Parts supports a variety of non-profit organizations at the corporate and local levels and encourages its Team Members to become actively involved in various community-based charitable organizations. Nationally, Advance Auto Parts is a strong supporter of United Way and the Juvenile Diabetes Research Foundation (JDRF). Since 1994, Advance Auto Parts has raised more than $20 million for JDRF and is one of that organization's largest corporate supporters.

Additional information about the Company, employment opportunities, customer services, and on-line shopping for parts and accessories can be found on the Company's web site at www.AdvanceAutoParts.com.

SOURCE: Advance Auto Parts, Inc.

Advance Auto Parts, Inc. 
Shelly Whitaker, APR 
Direct: 540-561-8452 
Fax: 540-561-6445 
shelly.whitaker@advanceautoparts.com 
or 
Juvenile Diabetes Research Foundation 
Joana Casas 
Direct: 212-479-7560 
mcasas@jdrf.org

SmarTrend is bearish on shares of AAP and our subscribers received a Downtrend alert on August 13, 2009 at $42.55, which has returned 9.1% to date.

Write to Chip Brian at cbrian@tradethetrend.com

---------------------------------------------------------------------------------------------

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(1)  The Company has retrospectively applied a change in accounting
     principle made in the first quarter for costs included in inventory
     to all prior periods presented herein related to cost of sales and
     selling, general and administrative expenses (SG&A). Refer to the
     accompanying financial statements included in this press release for
     further explanation.
(2)  For the twelve and forty weeks ended October 10, 2009, diluted EPS
     includes a $0.04 and $0.15 charge, respectively, related to store
     divestitures. In addition, the Company's adoption of the two-class
     method of calculating earnings per share during the first quarter
     2009 decreased the Company's diluted EPS for the twelve weeks ended
     October 4, 2008 by $0.01.

"I am very proud of our Team Members' ability to drive continuous improvements in customer satisfaction and Team Member engagement. Their ability to revitalize our core values and actions to drive our four strategies resulted in strong top line growth, a 53% increase in free cash flow and a 100 basis-point increase on our return on invested capital," said Darren R. Jackson, Chief Executive Officer.

Third Quarter and Year-to-Date Highlights

Total sales for the third quarter increased 6.3% to $1.26 billion, compared with total sales of $1.19 billion in the third quarter of fiscal year 2008. The sales increase reflected the net addition of 66 new stores during the past 12 months and a comparable store sales gain of 4.7% compared to a decrease of 0.1% during the third quarter last year. Adjusting for the calendar shift due to the 53rd week last year, third quarter comparable store sales increased approximately 5.2%. The 4.7% comparable store sales gain was comprised of an 11.8% increase in Commercial and a 1.7% increase in do-it-yourself (DIY). This compares to a 10.8% increase in Commercial and a 4.1% decrease in DIY during the third quarter last year. Year-to-date comparable store sales increased 6.1% driven by a 14.9% increase in Commercial and a 2.4% increase in DIY.

The Company's gross profit rate was 49.2% of sales during the third quarter as compared to 47.3% in the prior year, which reflects a 190 basis-point improvement. The 190 basis-point improvement was primarily due to continued investments in pricing and merchandising capabilities, parts availability, decreased inventory shrink and improved store execution. Year-to-date, the Company's gross profit rate was 49.1%, or 167 basis points favorable to the same period in fiscal 2008.

The Company's SG&A rate was 40.9% of sales during the third quarter as compared to 39.3% during the third quarter last year. Excluding the impact of store divestitures, the Company's SG&A rate increased 110 basis points. This increase was driven by higher incentive compensation, increased investments in store labor and Commercial Sales force, higher medical expenses and continued investments to improve the Company's gross profit rate and to launch the Company's new E-commerce website. The SG&A rate increase was partially offset by lower advertising expenses and occupancy expense leverage as a result of the Company's 4.7% comparable store sales increase. Year-to-date, the Company's SG&A rate was 39.8% versus 38.1% during the same period last year. Excluding the impact of store divestitures, the year-to-date SG&A rate was 39.3%.

Operating cash flow through the third quarter increased 67% to $628.5 million from $375.8 million through the same period last year. Free cash flow through the third quarter was $414.0 million or a 53% increase through the same period last year. This increase was primarily driven by an improvement in working capital management, increased deferred taxes and an increase in net income. The increase in free cash flow, allowed the Company to decrease its total outstanding bank debt by $192 million over the past year. Capital expenditures were $132.6 million through the third quarter. This compares to capital expenditures of $137.0 million in 2008, a decrease of $4.4 million primarily due to the timing of new store development, partially offset by routine spending on existing stores and Information Technology investments.

"Our third quarter marked our seventh consecutive quarter of double-digit Commercial comp sales growth, our third consecutive quarter of positive DIY comps and our fourth consecutive quarter of strong gross profit rate improvements. These results fueled our third consecutive quarter of double-digit operating income and EPS growth on a comparable basis. We are pleased with the $414 million year-to-date free cash flow we generated and the fact that we continued to strengthen our balance sheet while making solid progress on our goal to obtain investment grade ratings," said Mike Norona, Executive Vice President and Chief Financial Officer.

Key Financial Metrics and Statistics (1)
                                            Twelve        Comparable                  Forty         Comparable                  Comparable
                                            Weeks Ended   Twelve Weeks Ended          Weeks Ended   Forty Weeks Ended           Fifty-Two Weeks Ended
                                            October 10,   October 10,   October 4,    October 10,   October 10,   October 4,
                                            2009          2009          2008          2009          2009          2008          FY 2008      FY 2007
Sales Growth %                                    6.3%          6.3%          2.6%          8.1%          8.1%          4.1%         6.1%         4.9%
Sales per Square Foot (2)(3)                $     217     $     217     $     207     $     217     $     217     $     207     $    208     $    207
DIY Comp %                                        1.7%          1.7%          (4.1%)        2.4%          2.4%          (2.6%)       (2.3%)       (1.1%)
Commercial Comp %                                 11.8%         11.8%         10.8%         14.9%         14.9%         11.6%        12.1%        6.2%
Operating Income per Team Member (2)(4)     $     9.13    $     10.04   $     9.25    $     9.13    $     10.04   $     9.25    $    9.49    $    9.40
SG&A per Store (2)(5)(6)                    $     643     $     629     $     584     $     643     $     629     $     584     $    590     $    581
Return on Invested Capital (2)(7)                 14.4%         15.1%         14.1%         14.4%         15.1%         14.1%        14.0%        13.7%
Gross Margin Return on Inventory (2)(5)(8)  $     3.95    $     3.83    $     3.46    $     3.95    $     3.83    $     3.46    $    3.37    $    3.29
Total Store Square Footage, end of period         24,952        24,952        24,627        24,952        24,952        24,627       24,711       23,982
Total Team Members, end of period                 49,341        49,341        47,886        49,341        49,341        47,886       47,582       44,141

(1)  In thousands except for sales per square foot, gross margin return
     on inventory and total Team Members.
(2)  The financial metrics presented are calculated on an annual basis
     and accordingly reflect the last four quarters completed. The
     Company has presented its financial metrics on a comparable basis as
     a result of certain non-comparable items included in its financial
     results for the last four quarters. Third quarter and year-to-date
     2009 comparable results exclude expenses associated with the store
     divestitures as discussed later in this press release. Fiscal 2008
     comparable results exclude the additional week of business (53rd
     week) as well as a non-cash inventory adjustment resulting from a
     change in inventory management approach for slow-moving inventory.
(3)  Sales per square foot is calculated as net sales divided by an
     average of beginning and ending store square footage.
(4)  Operating income per Team Member is calculated as operating income
     divided by an average of beginning and ending Team Members.
(5)  The Company has retroactively applied the change in accounting
     principle made in the first quarter 2009 to all financial metrics
     presented herein containing cost of sales and SG&A as explained in
     the accompanying financial statements included in this press release.
(6)  SG&A per store is calculated as SG&A divided by the average of
     beginning and ending store count.
(7)  Return on invested capital (ROIC) is calculated in detail in the
     accompanying financial statements included in this press release.
(8)  Gross margin return on inventory is calculated as gross profit
     divided by an average of beginning and ending inventory, net of
     accounts payable and financed vendor accounts payable.

Store Information

During the third quarter, the Company opened 24 stores, including 9 Autopart International stores. The Company also closed 13 stores. As of October 10, 2009, the Company's total store count was 3,418 including 151 Autopart International stores.

Share Repurchases

Under the Company's share repurchase authorization plan, the Company repurchased 879,910 shares of its common stock during the third quarter at an aggregate cost of $35.2 million, or an average price of $40.00 per share. At the end of the third quarter, the Company had $139.4 million available from the $250 million share repurchase authorization approved by the Board of Directors in May 2008.

2009 Store Divestitures

As a result of the previously announced store divestiture initiative, the Company closed 12 stores during the quarter and expects to divest a total of 40 to 50 unprofitable stores in 2009 that are delivering unacceptable strategic or financial results. During the third quarter, the Company recorded a $0.04 EPS charge primarily due to lease exit costs for the 12 stores that were closed during the quarter. Year-to-date, the Company has closed 36 stores which resulted in a $0.15 EPS charge. The Company estimates that the incremental store divestitures will result in a $0.15 to $0.22 charge to EPS in fiscal 2009.

Dividend

On November 10, 2009, the Company's Board of Directors declared a regular quarterly cash dividend of $0.06 per share to be paid on January 8, 2010 to stockholders of record as of December 24, 2009.

Investor Conference Call

The Company will host a conference call on Thursday, November 12, 2009 at 10:00 a.m. Eastern Time to discuss its quarterly results. To listen to the live call, please log on to the Company's website, www.AdvanceAutoParts.com, or dial (866) 908-1AAP. The call will be archived on the Company's website until November 12, 2010.

About Advance Auto Parts

Headquartered in Roanoke, Va., Advance Auto Parts, Inc., a leading automotive aftermarket retailer of parts, accessories, batteries, and maintenance items in the United States, serves both the do-it-yourself and professional installer markets. As of October 10, 2009, the Company operated 3,418 stores in 39 states, Puerto Rico, and the Virgin Islands. Additional information about the Company, employment opportunities, customer services, and online shopping for parts and accessories can be found on the Company's website at www.AdvanceAutoParts.com.

Certain statements contained in this release are forward-looking statements, as that statement is used in the Private Securities Litigation Reform Act of 1995. Forward-looking statements address future events or developments, and typically use words such as believe, anticipate, expect, intend, plan, forecast, outlook or estimate. These statements discuss, among other things, expected growth and future performance, including store growth, capital expenditures, comparable store sales, SG&A, operating income, gross profit rate, free cash flow, profitability and earnings per diluted share for fiscal year 2009. These forward-looking statements are subject to risks, uncertainties and assumptions including, but not limited to, competitive pressures, demand for the Company's products, the market for auto parts, the economy in general, inflation, consumer debt levels, the weather, acts of terrorism, availability of suitable real estate, dependence on foreign suppliers and other factors disclosed in the Company's 10-K for the fiscal year ended January 3, 2009 on file with the Securities and Exchange Commission. Actual results may differ materially from anticipated results described in these forward-looking statements. The Company intends these forward-looking statements to speak only as of the time of this news release and does not undertake to update or revise them as more information becomes available.

Advance Auto Parts, Inc. and Subsidiaries
Condensed Consolidated Balance Sheets
(in thousands)
(unaudited)
                                   October 10,      January 3,       October 4,
                                   2009             2009             2008
Assets
Current assets:
Cash and cash equivalents          $     216,215    $     37,358     $     21,307
Receivables, net                         92,993           97,203           93,778
Inventories, net                         1,657,067        1,623,088        1,717,656
Other current assets                     46,381           49,977           46,078
Total current assets                     2,012,656        1,807,626        1,878,819
Property and equipment, net              1,070,217        1,071,405        1,053,789
Assets held for sale                     3,062            2,301            2,295
Goodwill                                 34,387           34,603           34,603
Intangible assets, net                   26,670           27,567           27,888
Other assets, net                        18,906           20,563           10,865
                                   $     3,165,898  $     2,964,065  $     3,008,259
Liabilities and Stockholders'
Equity
Current liabilities:
Bank overdrafts                    $     -          $     20,588     $     -
Current portion of long-term debt        1,307            1,003            680
Financed vendor accounts payable         51,953           136,386          181,929
Accounts payable                         959,692          791,330          853,839
Accrued expenses                         400,965          372,510          335,454
Other current liabilities                59,041           43,177           50,560
Total current liabilities                1,472,958        1,364,994        1,422,462
Long-term debt                           278,149          455,161          470,494
Other long-term liabilities              122,235          68,744           57,792
Total stockholders' equity               1,292,556        1,075,166        1,057,511
                                   $     3,165,898  $     2,964,065  $     3,008,259

NOTE: These preliminary condensed consolidated balance sheets
have been prepared on a basis consistent with our previously
prepared balance sheets filed with the Securities and Exchange
Commission for our prior quarter and annual report, but do not
include the footnotes required by generally accepted accounting
principles, or GAAP, for complete financial statements.

Advance Auto Parts, Inc. and Subsidiaries
Condensed Consolidated Statements of Operations
Twelve Week Periods Ended
October 10, 2009 and October 4, 2008
(in thousands, except per share data)
(unaudited)
                                                                                                 October 10,        October 4,
                                                                                                 2009               2008
Net sales                                                                                        $     1,262,576    $     1,187,952
Cost of sales, including purchasing and warehousing costs (a)                                          641,117            625,777
Gross profit (a)                                                                                       621,459            562,175
Selling, general and administrative expenses (a)                                                       516,604            466,278
Operating income                                                                                       104,855            95,897
Other, net:
Interest expense                                                                                       (5,339    )        (6,672    )
Other income (expense), net                                                                            487                (223      )
Total other, net                                                                                       (4,852    )        (6,895    )
Income before provision for income taxes                                                               100,003            89,002
Provision for income taxes                                                                             38,024             32,847
Net income                                                                                       $     61,979       $     56,155
Basic earnings per share (b)                                                                     $     0.65         $     0.59
Diluted earnings per share (b)                                                                   $     0.65         $     0.58
Average common shares outstanding (b)                                                                  94,656             95,019
Average common shares outstanding - assuming dilution (b)                                              95,474             95,758
(a)                   Effective first quarter 2009, the Company implemented a change in
                      accounting principle for costs included in inventory. The table
                      below represents the impact of the accounting change on previously
                      reported amounts (in thousands):
                                                                                 As Previously
                      Twelve week period ended October 4, 2008:                  Reported        Adjustments        As Adjusted
                      Cost of sales, including purchasing and warehousing costs  $      610,833  $     14,944       $     625,777
                      Gross profit                                                      577,119        (14,944   )        562,175
                      Selling, general and administrative expenses                      481,222        (14,944   )        466,278
(b)                   Average common shares outstanding is calculated based on the
                      weighted average number of shares outstanding for the quarter. At
                      October 10, 2009 and October 4, 2008, we had 94,663 and 94,678
                      shares outstanding, respectively. Effective first quarter 2009, the
                      Company adopted the two-class method of calculating its earnings per
                      share. Accordingly, the Company reduced its net income by $309 and
                      $215 for the twelve weeks ended October 10, 2009 and October 4,
                      2008, respectively, for purposes of calculating its basic and
                      diluted earnings per share. As a result of this adoption, the
                      Company's diluted earnings per share for the twelve weeks ended
                      October 4, 2008 has been reduced by $0.01.
NOTE: These preliminary condensed consolidated statements of
operations have been prepared on a basis consistent with our
previously prepared statements of operations filed with the
Securities and Exchange Commission for our prior quarter and annual
report, except for the change in accounting principle for inventory
costs, but do not include the footnotes required by GAAP for
complete financial statements.

Advance Auto Parts, Inc. and Subsidiaries
Condensed Consolidated Statements of Operations
Forty Week Periods Ended
October 10, 2009 and October 4, 2008
(in thousands, except per share data)
(unaudited)
                                                                                                  October 10,        October 4,
                                                                                                  2009               2008
Net sales                                                                                         $     4,269,056    $     3,949,867
Cost of sales, including purchasing and warehousing costs (a)                                           2,172,959          2,076,555
Gross profit (a)                                                                                        2,096,097          1,873,312
Selling, general and administrative expenses (a)                                                        1,698,885          1,505,178
Operating income                                                                                        397,212            368,134
Other, net:
Interest expense                                                                                        (18,430   )        (26,247   )
Other income (expense), net                                                                             633                (287      )
Total other, net                                                                                        (17,797   )        (26,534   )
Income before provision for income taxes                                                                379,415            341,600
Provision for income taxes                                                                              143,521            127,973
Net income                                                                                        $     235,894      $     213,627
Basic earnings per share (b)                                                                      $     2.48         $     2.24
Diluted earnings per share (b)                                                                    $     2.46         $     2.23
Average common shares outstanding (b)                                                                   94,647             95,003
Average common shares outstanding - assuming dilution (b)                                               95,325             95,669
(a)                   Effective first quarter 2009, the Company implemented a change in
                      accounting principle for costs included in inventory. The table
                      below represents the impact of the accounting change on previously
                      reported amounts (in thousands):
                                                                                 As
                                                                                 Previously
                      Forty week period ended October 4, 2008:                   Reported         Adjustments        As Adjusted
                      Cost of sales, including purchasing and warehousing costs  $     2,028,459  $     48,096       $     2,076,555
                      Gross profit                                                     1,921,408        (48,096   )        1,873,312
                      Selling, general and administrative expenses                     1,553,274        (48,096   )        1,505,178
(b)                   Average common shares outstanding is calculated based on the
                      weighted average number of shares outstanding for the quarter. At
                      October 10, 2009 and October 4, 2008, we had 94,663 and 94,678
                      shares outstanding, respectively. Effective first quarter 2009, the
                      Company adopted the two-class method of calculating its earnings per
                      share. Accordingly, the Company reduced its net income by $1,214 and
                      $740 for the forty weeks ended October 10, 2009 and October 4, 2008,
                      respectively, for purposes of calculating its basic and diluted
                      earnings per share. As a result of this adoption, the Company's
                      basic earnings per share for the forty weeks ended October 4, 2008
                      has been reduced by $0.01.
NOTE: These preliminary condensed consolidated statements of
operations have been prepared on a basis consistent with our
previously prepared statements of operations filed with the
Securities and Exchange Commission for our prior quarter and annual
report, except for the change in accounting principle for inventory
costs, but do not include the footnotes required by GAAP for
complete financial statements.

Advance Auto Parts, Inc. and Subsidiaries
Condensed Consolidated Statements of Cash Flows
Forty Week Periods Ended
October 10, 2009 and October 4, 2008
(in thousands)
(unaudited)
                                                                   October 10,       October 4,
                                                                   2009              2008
Cash flows from operating activities:
Net income                                                         $     235,894     $     213,627
Depreciation and amortization                                            114,856           113,297
Share-based compensation                                                 13,446            13,405
Provision (benefit) for deferred income taxes                            56,013            (1,465   )
Excess tax benefit from share-based compensation                         (2,531   )        (8,994   )
Other non-cash adjustments to net income                                 8,256             1,549
Decrease (increase) in:
Receivables, net                                                         4,210             (8,518   )
Inventories, net                                                         (33,979  )        (187,741 )
Other assets                                                             4,988             7,501
Increase in:
Accounts payable                                                         168,362           164,869
Accrued expenses                                                         43,576            60,656
Other liabilities                                                        15,359            7,658
Net cash provided by operating activities                                628,450           375,844
Cash flows from investing activities:
Purchases of property and equipment                                      (132,622 )        (136,954 )
Proceeds from sales of property and equipment                            2,565             6,351
Other                                                                    -                 (3,413   )
Net cash used in investing activities                                    (130,057 )        (134,016 )
Cash flows from financing activities:
Decrease in bank overdrafts                                              (20,565  )        (30,000  )
(Decrease) increase in financed vendor accounts payable                  (84,433  )        28,380
Dividends paid                                                           (22,772  )        (23,155  )
Net payments on credit facilities                                        (176,500 )        (34,000  )
Proceeds from the issuance of common stock, primarily exercise of        31,978            34,533
stock options
Excess tax benefit from share-based compensation                         2,531             8,994
Repurchase of common stock                                               (49,567  )        (219,429 )
Other                                                                    (208     )        (498     )
Net cash used in financing activities                                    (319,536 )        (235,175 )
Net increase in cash and cash equivalents                                178,857           6,653
Cash and cash equivalents, beginning of period                           37,358            14,654
Cash and cash equivalents, end of period                           $     216,215     $     21,307

NOTE: These preliminary condensed consolidated statements of cash
flows have been prepared on a consistent basis with previously
prepared statements of cash flows filed with the Securities and
Exchange Commission for our prior quarter and annual report, but do
not include the footnotes required by GAAP for complete financial
statements.

Advance Auto Parts, Inc. and Subsidiaries
Supplemental Financial Schedules
(in thousands, except per share data)
(unaudited)
Reconciliation of Free Cash Flow:
                                                          Forty Week
                                                          Periods Ended
                                                          October 10,       October 4,
                                                          2009              2008
Cash flows from operating activities                      $   628,450       $   375,844
Cash flows used in investing activities                       (130,057 )        (134,016   )
                                                              498,393           241,828
(Decrease) increase in financed vendor accounts payable       (84,433  )        28,380
Free cash flow                                            $   413,960       $   270,208
Note: Management uses free cash flow as a measure of our
liquidity and believes it is a useful indicator to stockholders of
our ability to implement our growth strategies and service our debt.
Free cash flow is a non-GAAP measure and should be considered in
addition to, but not as a substitute for, information contained in
our condensed consolidated statement of cash flows.
Detail of Return on Invested
Capital (ROIC) Calculation:
                                                                            Last Four Quarters Ended
                                                                                                                 Comparable
                                                                            October 10,         Comparable       October 10,         October 4,
                                                                            2009                Adjustments (a)  2009                2008
Net income                                                                  $   260,305         $     27,872     $   288,177         $   248,379
Add:
After-tax interest expense and other, net                                       15,897                (322    )      15,575              21,846
After-tax rent expense                                                          183,159               -              183,159             172,131
After-Tax Operating Earnings                                                    459,361               27,550         486,911             442,356
Average assets (less cash)                                                      2,968,318             29,859         2,998,177           2,869,342
Less: Average liabilities (excluding total debt)                                (1,536,731 )          (11,103 )      (1,547,834 )        (1,373,158 )
Add: Capitalized lease obligation (rent expense * 6) (b)                        1,765,260             -              1,765,260           1,649,862
Total Invested Capital                                                          3,196,847             18,756         3,215,603           3,146,046
ROIC                                                                            14.4       %          -              15.1       %        14.1       %
Rent expense                                                                $   294,210               -          $   294,210         $   274,977
Interest expense and other, net                                                 25,499                (511    )      24,988              34,899

(a)                     The Company has also presented its ROIC calculation on a
                        comparable basis as a result of certain non-comparable items
                        included in its financial results for the last four quarters ended
                        October 10, 2009. The comparable results for the last four quarters
                        ended October 10, 2009 exclude year-to-date 2009 expenses associated
                        with the store divestiture plan as discussed on page 5 of this
                        release, the additional week of business (53rd week) of fiscal 2008
                        and the fiscal 2008 non-cash inventory adjustment resulting from a
                        change in inventory management approach for slow moving inventory.
(b)                     Capitalized lease obligation is estimated as annualized rent
                        expense for the applicable period times six years.
Note: Management uses ROIC to evaluate return on investments to
the business and believes it is a useful indicator to stockholders
given the future investments the Company plans to make in areas
including information technology, supply chain and stores. ROIC is a
non-GAAP measure and should be considered in addition to, but not as
a substitute for, information contained in our condensed
consolidated financial statements. Management believes our
comparable results of operations are a useful indicator to
stockholders for consistency purposes.

SOURCE: Advance Auto Parts, Inc.

Advance Auto Parts, Inc. 
Media Contact: 
Shelly Whitaker, APR 
540-561-8452 
shelly.whitaker@advanceautoparts.com 
or 
Investor Contact: 
Joshua Moore, 952-715-5076 
Joshua.moore@advanceautoparts.com