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AZO News and Press, AutoZone Inc. From 05/24/22

Stock Information

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

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AZO - AutoZone accelerates on big bottom line beat, strong same store sales growth

AutoZone (NYSE:AZO) accelerated on Monday after reporting stronger than expected profits and sales. For its fiscal third quarter, the company reported GAAP EPS of $29.03, beating expectations by $3.16, alongside revenue of $3.87 billion that bested estimates by $160 million. Domestic same sto...

AZO - AutoZone GAAP EPS of $29.03 beats by $3.16, revenue of $3.87B beats by $160M

AutoZone press release (NYSE:AZO): FQ3 GAAP EPS of $29.03 beats by $3.16. Revenue of $3.87B (+6.0% Y/Y) beats by $160M.  Domestic same store sales increased 2.6% for the quarter. “We are very proud to report solid same store sales growth on top of last year’s remarkable 28....

AZO - AutoZone 3rd Quarter Same Store Sales Increase 2.6%; EPS Increases to $29.03

MEMPHIS, Tenn., May 24, 2022 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $3.9 billion for its third quarter (12 weeks) ended May 7, 2022, an increase of 5.9% from the third quarter of fiscal 2021 (12 weeks). Domestic same store sales, or sales for stores open ...

AZO - AutoZone Q3 2022 Earnings Preview

AutoZone (NYSE:AZO) is scheduled to announce Q3 earnings results on Tuesday, May 24th, before market open. The consensus EPS Estimate is $26.05 (-1.6% Y/Y) and the consensus Revenue Estimate is $3.71B (+1.6% Y/Y). Over the last 1 year, AZO has beaten EPS estimates 100% of the time and has bea...

AZO - 7 Large-Cap Stocks to Buy Right Now

InvestorPlace - Stock Market News, Stock Advice & Trading Tips These seven large-cap stocks are undervalued, and are great long-term opportunities in today’s turbulent market. AutoZone ( AZO ): Shares in this auto parts retailer could show resilience despite inflation/r...

AZO - LKQ Corporation: Still Attractive Despite The Pain

LKQ Corporation has not fared well, with shares of the business following the broader market down in recent months. Some financial performance is likely to suffer this year relative to last year, but overall revenue is slated to rise. Add on top of this how attractive shares look,...

AZO - Target and retail were just crushed - these stocks may have been oversold

The crushing week in retail saw mall stocks like Ross Stores (ROST) -22%, Boot Barn (BOOT) -18%, Shoe Carnival (SCVL), Abercrombie & Fitch (ANF) -14%, Chico's FAS(CHS) -13%, Burlington Stores (BURL) -13%, Cato Corporation (CATO) -12% and Urban Outfitters (URB...

AZO - Dalio's Bridgewater invests in Berkshire Hathaway, exits Tesla in Q1

Ray Dalio's Bridgewater Associates took a new stake in Berkshire Hathaway (BRK.B), one of the U.S.'s largest insurance, investment, manufacturing and energy companies during Q1 2022. It also invested in room rental platform Airbnb (ABNB) and industrial companies Newmont Mining (NEM) and Cater...

AZO - Auto manufacturers, suppliers slip on Monday amid China concerns

The auto sector, including manufacturers and auto parts providers, are edging lower on Monday as troubles in China persist. Headlining the declines is Tesla (NASDAQ:TSLA) which has again delayed the ramp-up of its production at the Shanghai Gigafactory, per Reuters. Output was originally sche...

AZO - AutoZone to Release Third Quarter Earnings May 24, 2022

MEMPHIS, Tenn., May 05, 2022 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), the leading retailer and distributor of automotive replacement parts and accessories in the Americas, will release results for its third quarter ended Saturday, May 7, 2022, before market open on Tuesday, May 24, 2...

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