SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Advance Auto Parts, Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, Oct. 30, 2023

Investors who purchased the Company's securities between November 16, 2022 and May 30, 2023, inclusive (the ''Class Period''), are encouraged to contact the firm before December 8, 2023.           

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Advance Auto Parts failed to inform the market about the true effectiveness of its strategic pricing initiatives and the impact of price reductions on its business. The Company concealed the negative impacts of price reductions. The Company shared an unrealistically optimistic view of its operations. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Advance Auto Parts, investors suffered damages.