AutoZone (AZO) closed the latest trading day at $3,060.89, indicating a -1.45% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 0.16% for the day. Elsewhere, the Dow saw a downswing of 0.37%, while the tech-heavy Nasdaq appreciated by 0.78%.Coming into today, shares of the auto parts retailer had lost 1.4% in the past month. In that same time, the Retail-Wholesale sector lost 0.07%, while the S&P 500 gained 1.67%.The investment community will be closely ...

Revenue and Store Growth - Annual revenue increased from $11.9 billion in fiscal 2019 to $18.5 billion in fiscal 2024, with a compounded annual growth rate of approximately 9%[65] - Store count grew from 6,411 in 2019 to 7,353 in 2024, a compounded annual growth rate of approximately 3%[66] Workforce and Labor Market Challenges - Workforce consists of approximately 126,000 employees, representing the largest operating expense[71] - Labor market challenges, including wage pressures and potential unionization, could increase costs and impact operations[72][73] Supply Chain and Distribution - Directly imported approximately 13% of purchases in fiscal 2024, with risks related to global supply chain disruptions[81] - Significant investments in supply chain, including new distribution centers and technology initiatives, to support long-term store expansion[84] - Business interruptions, including weather events and public health crises, could disrupt supply chain and distribution networks[90] International Operations and Currency Risks - International operations face risks such as currency fluctuations, compliance with local laws, and challenges in adapting to foreign consumer preferences[86][88] - The net asset exposure in Mexican subsidiaries translated into U.S. dollars was $478.4 million at August 31, 2024, and $409.8 million at August 26, 2023[228] - The year-end exchange rates for the Mexican peso decreased by 17.9% against the U.S. dollar during fiscal 2024 and increased by 15.7% during fiscal 2023[228] - A hypothetical 10% adverse change in quoted foreign currency exchange rates would have resulted in a potential loss of approximately $43.5 million at August 31, 2024, and $37.3 million at August 26, 2023[228] Brand Reputation and Ethical Standards - Brand reputation is critical to sales growth, with risks from negative publicity, social media sentiment, and failure to meet ethical or environmental standards[93][95] Information Technology and Cybersecurity - Heavy reliance on information technology systems, with potential risks from system failures or cybersecurity breaches[96] - The company relies heavily on information technology systems, including third-party services, for key business processes such as sales data, customer data, and supply chain management. Delays in system maintenance or upgrades could expose the company to security risks and operational disruptions[97][99] - The company faces significant risks from cyber-attacks, including malware, phishing, and ransomware, which could lead to data breaches, reputational harm, and financial losses[103][104] - The company is investing in upgrading legacy IT systems and migrating applications to the cloud, which could result in operational challenges, cost overruns, and potential data loss[100] - The company handles large amounts of sensitive personal and business information, and failure to secure this data could lead to litigation, regulatory actions, and reputational damage[101][102] - The company is subject to evolving data privacy laws and regulations, which may require significant resources to comply with and could limit the use of data for personalized customer experiences[107][108] Financial and Credit Risks - The company is self-insured for certain operational costs, and an increase in insurance claims or healthcare costs could negatively impact financial performance[110][111] - A downgrade in the company's credit ratings could limit access to funding, increase borrowing costs, and adversely affect earnings[112][113] - The fair value of the company's debt was estimated at $9.0 billion as of August 31, 2024, and $7.3 billion as of August 26, 2023[225] - The company had $580.0 million in variable rate debt outstanding at August 31, 2024, compared to $1.2 billion at August 26, 2023[226] - Outstanding fixed rate debt was $8.4 billion at August 31, 2024, and $6.5 billion at August 26, 2023[226] - A one percentage point increase in interest rates would have reduced the fair value of the company's fixed rate debt by approximately $365.1 million at August 31, 2024[226] Legal and Regulatory Risks - The company faces legal and regulatory risks, including potential enforcement actions or litigation due to non-compliance with employment, environmental, and consumer protection laws[116][117] Climate Change and ESG Goals - Climate change and related regulatory responses could impact the company's operations, supply chains, and demand for products, particularly in regions like California[118] - The company has set ESG goals, including reducing GHG emissions, but achieving these goals is subject to risks such as technological availability, cost, and stakeholder expectations[119][122]

A month has gone by since the last earnings report for AutoZone (AZO) . Shares have added about 2.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is AutoZone due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. AutoZone Q4 Earnings Miss ExpectationsAutoZone reported earn ...

The latest trading session saw AutoZone (AZO) ending at $3,196.55, denoting a +0.77% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a loss of 0.92% for the day. Elsewhere, the Dow lost 0.96%, while the tech-heavy Nasdaq lost 1.6%.Shares of the auto parts retailer witnessed a gain of 4.21% over the previous month, beating the performance of the Retail-Wholesale sector with its gain of 1.69% and the S&P 500's gain of 2.68%.Market participants will be closely following t ...

In the latest market close, AutoZone (AZO) reached $3,172.05, with a -1.44% movement compared to the previous day. The stock fell short of the S&P 500, which registered a loss of 0.05% for the day. Meanwhile, the Dow lost 0.02%, and the Nasdaq, a tech-heavy index, added 0.18%.Shares of the auto parts retailer have appreciated by 5.56% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 1.71% and the S&P 500's gain of 2.76%.The investment community will be closely monitorin ...

AutoZone (AZO) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this auto parts retailer have returned +5.6% over the past month versus the Zacks S&P 500 composite's +2.8% change. The Zacks Automotive - Retail and Wholesale - Parts industry, to which AutoZone belongs, has gained 6.5% over this period. Now the key question is: Where could the stock be headed in the near term?Al ...

Consumer cyclical / discretionary sector is where these 4 auto part companies reside. The largest and most wellknown are listed in the chart below. The following abbreviations are used: Macro Trading Factory is a macro-driven service, run by a team of experienced investment managers. The service offers two portfolios: "Funds Macro Portfolio" & "Rose's Income Garden"; both aim to outperform the SPY on a risk-adjusted basis, in a relaxed manner. Suitable for those who either have little time/knowledge/desire ...

AutoZone (AZO) ended the recent trading session at $3,100, demonstrating a -1.68% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 0.76%. Meanwhile, the Dow lost 0.75%, and the Nasdaq, a tech-heavy index, lost 1.01%. Coming into today, shares of the auto parts retailer had gained 1.68% in the past month. In that same time, the Retail-Wholesale sector gained 3.42%, while the S&P 500 gained 4.31%. The upcoming earnings release of AutoZone will be of gr ...

AutoZone (AZO) closed the latest trading day at $3,146.07, indicating a +1.42% change from the previous session's end. This change outpaced the S&P 500's 0.71% gain on the day. Meanwhile, the Dow gained 1.03%, and the Nasdaq, a tech-heavy index, added 0.6%.The auto parts retailer's shares have seen a decrease of 0.96% over the last month, not keeping up with the Retail-Wholesale sector's gain of 8.01% and the S&P 500's gain of 6.41%.Analysts and investors alike will be keeping a close eye on the performance ...

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in AZO over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Disclaim ...