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AZO News and Press, AutoZone Inc. From 07/06/23

Stock Information

Company Name: AutoZone Inc.
Stock Symbol: AZO
Market: NYSE
Website: autozone.com

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AZO - Uber A Zombie Stock; Ford, GM Have Scalability And Expertise - David Trainer

2023-07-06 12:00:00 ET Summary David Trainer has identified a list of "zombie stocks" that he believes will go to zero due to their high cash burn rate and inability to raise new capital. These stocks include companies from various industries such as technology, restaurant concept...

AZO - Palm Valley Capital Fund Q2 2023 Commentary

2023-07-06 06:00:00 ET Summary The Palm Valley Capital Fund invests in small cap stocks. While our Fund is new, its underlying absolute return-based investment strategy is not. We have practiced the same strategy throughout our careers in investment management. The Palm Valley Cap...

AZO - Advance Auto Parts: Better Safe Than Sorry

2023-07-05 05:53:41 ET Summary Advance Auto Parts' share price is at its lowest in five years, with the company's fundamentals appearing weaker than before, leading to a justified fall in share price. AAP has cut its dividend by 83% and its buybacks have not been efficiently alloc...

AZO - It's All About Liquidity - David Trainer

2023-07-03 06:30:00 ET Summary David Trainer discusses sectors, stocks and investing strategies. For near-term, it's really all about liquidity. Looking at the market from a sector level. Uber's valuation still extremely expensive. David's long picks. Listen to t...

AZO - There's More To Find Under The Hood At AutoZone

2023-06-28 12:42:49 ET Summary While investors may be spooked by AutoZone's relatively high price per share, the company is not wildly overvalued against historic averages. AutoZone is the leader of retail do-it-yourself car repair, and has a fast-growing commercial segment as wel...

AZO - AutoZone appoints Philip Daniele as new CEO

2023-06-26 17:58:47 ET AutoZone ( NYSE: AZO ) said on Monday that its president and chief executive officer Bill Rhodes will step down, effective January 2024. Philip Daniele, executive vice president merchandising, marketing and supply chain, will succeed Rhode...

AZO - AutoZone Announces Leadership Transition Plan

MEMPHIS, Tenn., June 26, 2023 (GLOBE NEWSWIRE) -- AutoZone (NYSE: AZO) today announced Bill Rhodes’ decision to relinquish his positions as President and Chief Executive Officer (CEO) effective January 2024. He will become Executive Chairman of the Board. Philip B. Daniele, III, age 5...

AZO - AutoZone presents 'attractive buying opportunity' - UBS

2023-06-16 07:57:39 ET AutoZone ( NYSE: AZO ) shares edged higher before the bell on Friday after UBS moved to Buy. A team of analysts led by Michael Lasser advised that the company should continue to pick up market share given a stronger reputation among commercial cust...

AZO - The Power Of Buybacks: AutoZone's Dividend-Free Advantage

2023-06-14 16:58:53 ET Summary AutoZone, sometimes overlooked, presents a bright future in the auto parts industry, supported by strong cash flow and share buybacks, boosting its impressive performance. With rising demand for replacement parts, a growing average vehicle age, and a...

AZO - AutoZone's board OKs $2B stock buyback

2023-06-14 16:45:13 ET AutoZone's ( NYSE: AZO ) board has approved an additional stock buyback worth $2 billion, the company said Wednesday. The company said its board has authorized $35.7 billion in stock buybacks since 1998. Press Release. Shares +2.1...

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