AutoZone, Inc. (NYSE:AZO) Maintains Strong Market Presence Amid Expansion

Core Insights - AutoZone, Inc. is a leading retailer and distributor of automotive replacement parts and accessories in the U.S., operating thousands of stores across the U.S., Mexico, and Brazil [1] - Roth Capital maintains a "Buy" rating for AutoZone, adjusting the price target from $4,750 to $4,650, with the stock currently priced at approximately $3,493.36, reflecting a decrease of 7.26% from previous levels [2][6] - The company has opened 53 new stores globally in the latest quarter, bringing its total to 7,710 stores, with 39 in the U.S., 12 in Mexico, and 2 in Brazil [3][6] - CEO Phil Daniele expressed satisfaction with the company's performance and plans to continue expansion throughout the fiscal year, aiming to strengthen its market position [4] - AutoZone's market capitalization is approximately $58.65 billion, with a trading volume of 337,490 shares on the NYSE [4][6] - The stock has traded between $3,162 and $4,388.11 over the past year, indicating ongoing challenges but a focus on growth strategy [5]