MEMPHIS, Tenn., Dec. 03, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO) announced it will hold its Annual Meeting of Stockholders on Wednesday, December 18, 2024, at the J.R. Hyde III Store Support Center in Memphis, Tennessee. The meeting will begin at 9:00 a.m. (ET). Additionally, this event will be webcast and can be accessed at AutoZone's website at www.autozone.com and by clicking on Investor Relations. About AutoZone: As of August 31, 2024, the Company had 6,432 stores in the U.S., 794 in Mexico a ...

In the latest trading session, AutoZone (AZO) closed at $3,179.52, marking a +0.31% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.25%. Elsewhere, the Dow lost 0.29%, while the tech-heavy Nasdaq added 0.97%.Prior to today's trading, shares of the auto parts retailer had gained 6.32% over the past month. This has lagged the Retail-Wholesale sector's gain of 6.74% and outpaced the S&P 500's gain of 3.51% in that time.The investment community will be paying c ...

The most recent trading session ended with AutoZone (AZO) standing at $3,109.56, reflecting a +0.33% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.3% gain on the day. Elsewhere, the Dow gained 0.99%, while the tech-heavy Nasdaq added 0.27%.The auto parts retailer's shares have seen a decrease of 1.01% over the last month, not keeping up with the Retail-Wholesale sector's gain of 3.51% and the S&P 500's gain of 2.1%.Investors will be eagerly watching for the performance ...

MEMPHIS, Tenn., Nov. 19, 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 first quarter ended Saturday, November 23, 2024, before market open on Tuesday, December 10, 2024. Additionally, the Company will host a one-hour conference call on Tuesday, December 10, 2024, beginning at 10:00 a.m. (ET), to discuss the results of the quarter. This call is being webcast and can be acc ...

The near-term outlook for the Zacks Automotive - Retail and Wholesale - Parts industry remains subdued. U.S. new car sales declined for the second straight quarter in the third quarter of 2024, with the full-year vehicle sales outlook being trimmed. Additionally, the industry is navigating challenges, including the shift away from DIY repairs due to the complexity of modern vehicles and the need for significant capital expenditures to keep pace with technological advancements and digitization. The only brig ...

AutoZone (AZO) closed at $3,166.93 in the latest trading session, marking a +1.91% move from the prior day. The stock's change was more than the S&P 500's daily gain of 0.39%. Elsewhere, the Dow saw a downswing of 0.13%, while the tech-heavy Nasdaq appreciated by 0.6%.Coming into today, shares of the auto parts retailer had lost 2.34% in the past month. In that same time, the Retail-Wholesale sector gained 1.99%, while the S&P 500 gained 1.06%.The investment community will be paying close attention to the e ...

Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on AutoZone (AZO), and highlights the potential misalignment of interests between brokerage analysts and retail investors [1][3][8]. Group 1: Brokerage Recommendations - AutoZone has an average brokerage recommendation (ABR) of 1.50, indicating a consensus between Strong Buy and Buy, with 76% of recommendations being Strong Buy and 4% being Buy [2]. - Despite the positive ABR, relying solely on this information for investment decisions may not be advisable, as studies show brokerage recommendations often fail to guide investors effectively [3][8]. - Brokerage analysts tend to exhibit a strong positive bias in their ratings, with five "Strong Buy" recommendations for every "Strong Sell" [4][8]. Group 2: Zacks Rank Comparison - The Zacks Rank, a proprietary stock rating tool, categorizes stocks from 1 (Strong Buy) to 5 (Strong Sell) and is based on earnings estimate revisions, which correlate strongly with near-term stock price movements [6][9]. - The Zacks Rank is distinct from the ABR, as it is a quantitative model that reflects timely earnings estimates, while the ABR may not be up-to-date [7][10]. - AutoZone currently holds a Zacks Rank of 3 (Hold), indicating a cautious outlook despite the favorable ABR [12]. Group 3: Earnings Estimates - The Zacks Consensus Estimate for AutoZone's earnings for the current year remains unchanged at $158.09, suggesting stability in analysts' views on the company's earnings prospects [11]. - The lack of change in the consensus estimate, along with other factors, contributes to the Zacks Rank of 3 for AutoZone, indicating a need for caution despite the Buy-equivalent ABR [12].

The current tariff discussion is amusing in the sense of how quickly everyone’s become an economist. Much of that is noise. But more importantly to investors, it illustrates the reality that the unknown is usually worse than the known. That means investors are concerned about what might happen with the incoming administration’s tariff policy without knowing what that policy will actually be.   Right now, economists can only go by what they’re hearing. And that means that the Trump administration plans to us ...

AutoZone (AZO) closed at $3,175.72 in the latest trading session, marking a +0.07% move from the prior day. This move outpaced the S&P 500's daily loss of 0.29%. On the other hand, the Dow registered a loss of 0.86%, and the technology-centric Nasdaq decreased by 0.09%.The auto parts retailer's stock has climbed by 0.65% in the past month, falling short of the Retail-Wholesale sector's gain of 3.95% and the S&P 500's gain of 3.3%.Investors will be eagerly watching for the performance of AutoZone in its upco ...

AutoZone's strengths, management, and financials-all in 12 minutes or less! Explore the exciting world of AutoZone (AZO 4.46%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities! *Stock prices used were the prices of Oct. 9, 2024. The video was published on Nov. 7, 2024. ...