Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed a ...

Americans increased their spending a bit in February after pulling back in January. But last month’s gain in retail sales was weaker-than-expected, and January’s decline was revised even lower, indicating that many are growing cautious with their spending ability. Retail sales rose 0.6% in February after falling a revised 1.1% in January, hurt partly by inclement weather, according to the Commerce Department’s report on Thursday.Below we highlight a few areas and the related ETFs & stocks that may benefit h ...

The Zacks Automotive-Retail and Wholesale-Parts sector is thriving on the back of sustained vehicle demand and the rising age of vehicles. Also, the advent of technologically advanced sophisticated vehicles has spurred consumer reliance on professional assistance, opening up new opportunities for industry players. Auto parts retailers need to develop comprehensive strategies to leverage these opportunities. Given the dynamic market conditions, adept cost management is crucial. Industry participants worth ad ...

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 ...