AZO News and Press, AutoZone Inc. From 05/31/23

2023-05-31 11:30:49 ET Summary Tweedy Browne's 13F portfolio value decreased by 2% from $1.88B to $1.84B in Q1 2023, with the number of holdings decreasing from 45 to 44. The largest position is Berkshire Hathaway, accounting for 20% of the portfolio, followed by Alphabet, Johnson...

2023-05-31 10:30:00 ET Summary We have previously traded Advance Auto Parts, Inc., while we currently own both AutoZone, Inc. and O'Reilly Automotive, Inc. Advance Auto Parts is clearly being outcompeted. Margin compression has severely weighed on earnings power. Advance A...

2023-05-31 09:10:58 ET The broad auto retail sector was rattled on Wednesday after Advance Auto Parts ( NYSE: AAP ) lowered its full-year guidance and cut the quarterly dividend payout. "We expect the competitive dynamics we faced in the first quarter to continue, resulting ...

2023-05-28 05:40:00 ET Buying stocks with consistent track records of enriching shareholders is a smart strategy for growing richer over time. Having beaten the S&P 500 index in seven out of the past 10 years, AutoZone (NYSE: AZO) has been a tremendous stock for growth i...

2023-05-25 10:46:39 ET Summary CarParts.com, Inc. is an online provider of aftermarket auto parts and accessories in the United States. Revenue has grown at a CAGR of 10%, driven by an aggressive digital strategy. CarParts' current margins are unattractive, but we think improv...

2023-05-24 07:14:28 ET Summary Dividend Growth investing focuses on finding companies that have a strong history of increasing dividends. Exclusively focusing on the expected yield on cost over time may erode long-term capital appreciation. Over the long term, it's probably be...

2023-05-23 15:59:14 ET AutoZone ( NYSE: AZO ) shares slipped over 6% on Tuesday as slowing sales for the fiscal third quarter overshadowed stronger than expected profits. The specialty retailer narrowly missed revenue estimates for the quarter while domestic same sto...

2023-05-23 13:48:12 ET AutoZone, Inc. (AZO) Q3 2023 Earnings Conference Call May 23, 2023, 10:00 AM ET Company Participants Bill Rhodes - Chairman, President and CEO Jamere Jackson - EVP and CFO Brian Campbell - VP, Treasurer, IR and Tax Conference Call Par...

2023-05-23 12:07:44 ET Summary We last guided you to buy AutoZone stock if it dipped to under $2400, and would love it the closer it got to $2300. We have owned since $500. Well, a few months ago you got your chance to buy as AutoZone stock fell back to nearly $2300. After a m...

2023-05-23 07:08:47 ET AutoZone ( NYSE: AZO ) shares wavered in premarket action as strong quarterly profits were balanced by slowing sales into the month of May. The specialty retailer reported $4.1B in revenue for the fiscal third quarter while domestic same store ...