UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended February 10, 2024 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _______ to ________. Commission file number 1-10714 AUTOZONE, INC. (Exact name of registrant as specified in its charter) Nevada 62-1482048 (State or other jurisdicti ...

Cash-cow stocks are a unique bunch and a stock segment that many retail investors overlook. In a nutshell, cash-cow stocks have two key traits. First, cash-cow stocks (as the name implies) have high, predictable, reliable and recurring free cash flow per share. In these cases, free cash flow per share is preferable to earnings per share as it is a more reliable metric of cash available to deploy rapidly since it excludes non-cash concerns like depreciation. The more reliable and consistent the free cash flo ...

Investors don't have to just focus on the dominant tech firms, such as the "Magnificent Seven" businesses, to find lucrative stock ideas. AutoZone (AZO 1.00%) proves this, as its shares are up 230% in the last five years (as of Feb. 29). That gain beats the S&P 500 by a wide margin.You might want to scoop up this auto parts retail stock in the hopes of riding the strong momentum to impressive portfolio returns. But before doing that, here are three things you need to know about AutoZone's business.1. Strong ...

Key TakeawaysAutoZone posted quarterly revenue and profit that exceeded analysts' expectations.The company got a lift from increased merchandise profit margins and lower supply chain expenses.The news sent shares of the auto parts retailer nearly 7% higher to their all-time high Tuesday.AutoZone (AZO) shares rose to an all-time high Tuesday after the auto parts retailer reported revenue and profit that topped analysts' expectations.The company reported second-quarter fiscal 2024 diluted earnings per share o ...

Shares of auto-parts retail chain AutoZone (AZO 6.52%) hit new all-time highs on Tuesday after the company reported financial results for its fiscal second quarter of 2024. As of 1:45 p.m. ET, AutoZone stock was up almost 6%.Another good quarter for shareholdersIn Q2 (which ended on Feb. 10), AutoZone generated net sales of $3.9 billion, which was up almost 5% from the same quarter of last year. The growth came from opening new stores and a modest 3% increase in same-store sales.AutoZone's sales were basica ...

Key PointsAutozone issued a solid Q2 report that sent shares higher, confirming the uptrend in price action. Share repurchases aided the outlook and reduced the share count by 8% in the last 12 months. Analysts and institutions are committed to this stock.5 stocks we like better than AutoZoneAutozone NYSE: AZO shares surged following the FQ2 report, confirming the uptrend is intact. Because the news aligns with the outlook for growth and capital returns, the trend will likely continue through 2024. The tech ...

AutoZone Inc. (AZO) reported earnings of $28.89 per share for second-quarter fiscal 2024 (ended Feb 10, 2024), up 17.2% year over year. Earnings surpassed the Zacks Consensus Estimate of $26.08 per share.Net sales grew 4.6% year over year to $3.86 billion. The top line marginally surpassed the Zacks Consensus Estimate of $3.85 billion.In the reported quarter, domestic commercial sales totaled $980.1 million, up from $954.6 million recorded in the year-ago period. Domestic same-store sales (sales at stores o ...

AutoZone, Inc. (NYSE:AZO) Q2 2024 Earnings Conference Call February 27, 2024 10:00 AM ET Company Participants Phil Daniele - President & Chief Executive Officer Jamere Jackson - Chief Financial Officer Conference Call Participants Chris Horvers - JPMorgan Bret Jordan - Jefferies Michael Lasser - UBS Scot Ciccarelli - Truist Simeon Gutman - Morgan Stanley Seth Sigman - Barclays Steven Forbes - Guggenheim Securities Greg Melich - Evercore ISI Max Rakhlenko - TD Cowen Brian Nagel - Oppenheimer Operator Greetin ...

For the quarter ended February 2024, AutoZone (AZO) reported revenue of $3.86 billion, up 4.6% over the same period last year. EPS came in at $28.89, compared to $24.64 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.85 billion, representing a surprise of +0.15%. The company delivered an EPS surprise of +10.77%, with the consensus EPS estimate being $26.08.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...

2nd Quarter Earnings Release, FY2024 AUTOZONE, INC., © 2024 ALL RIGHTS RESERVED. Forward-Looking Statements Certain statements contained herein constitute forward-looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements typically use words such as “believe,” “anticipate,” “should,” “intend,” “plan,” “will,” “expect,” “estimate,” “project,” “positioned,” “strategy,” “seek,” “may,” “could” and similar expressions. The ...