AZO - This Auto Parts Leader Just Beat Sales Expectations: Is It Time to Buy?
AutoZone (NYSE: AZO) , the largest auto parts chain in the U.S., has outperformed the S&P 500 for over 15 years and continues to report impressive results. The company just posted fiscal Q4 earnings and crushed revenue estimates by $100 million, growing sales more than 11% year over year.
So is it time to add AutoZone to your portfolio? Let's take a closer look at this auto parts stock .
Founded over 43 years ago, AutoZone revolutionized the auto parts industry with its vision of "clean, well-organized auto parts stores and excellent customer service." Although competitors including Advance Auto Parts and O'Reilly Automotive have entered the market, AutoZone stands alone at the top.
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This Auto Parts Leader Just Beat Sales Expectations: Is It Time to Buy?