MEMPHIS, Tenn., April 30, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO), the leading retailer and distributor of automotive replacement parts and accessories in the Americas, will release results for its third quarter ended Saturday, May 4, 2024, before market open on Tuesday, May 21, 2024. Additionally, the Company will host a one-hour conference call on Tuesday, May 21, 2024, beginning at 10:00 a.m. (ET), to discuss the results of the quarter. This call is being webcast and can be accessed, along wit ...

Here's Why AutoZone Will Likely Announce a Stock Split Sundry Photography / iStock Editorial via Getty Images History credits Henry Ford with inventing the automobile assembly line. The notion of having a different workstation be responsible for a specific part in a precisely sequenced assembly protocol is a fundamental principle behind mass production and large product manufacturing. Nevertheless, mechanical auto parts are susceptible to excessive wear, breakdown, damage, and other conditions that can re ...

When you think about magnificent stocks, I'm sure the "Magnificent Seven" tech-focused and innovative enterprises come to mind. Their returns in the past decade have certainly been spectacular.But there are two lesser-known and definitely more boring companies that have also trounced the market. I'm talking about O'Reilly Automotive (ORLY 0.40%) and AutoZone (AZO 0.90%). The former is up 678% in the past 10 years, while the latter has risen 498% during that time.Should you buy these two skyrocketing retail ...

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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 ...