Autozone NYSE: AZO shares surged following the FQ2 report, confirming the uptrend is intact. Because the news aligns with the outlook for growth and capital returns, the trend will likely continue through 2024.
Automotive parts retailer AutoZone reported a better-than-expected quarterly profit on Tuesday, helped by a Do-It-Yourself(DIY) trend among customers wanting to keep their older cars on the road.
MEMPHIS, Tenn., Feb. 27, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $3.9 billion for its second quarter (12 weeks) ended February 10, 2024, an increase of 4.6% from the second quarter of fiscal 2023 (12 weeks). Same store sales, or sales for our domestic and international stores open at least one year, are as follows:
AutoZone has conducted two stock splits in the past, and with shares trading at nearly $2,700, it could be due for another. Fair Isaac has split its stock four times since 1995, and is trading at close to $1,300.
When focused on quality, growth investing can be a lucrative strategy. AutoZone is a well-established auto parts retailer, but there is plenty of growth left in the tank. The company enjoys an investment-grade credit rating from S&P on a stable outlook.
MEMPHIS, Tenn., Feb. 02, 2024 (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 second quarter ended Saturday, February 10, 2024, before market open on Tuesday, February 27, 2024. Additionally, the Company will host a one-hour conference call on Tuesday, February 27, ...
Kostenlos registrieren
aktien.guide ist das Tool zum einfachen Finden, Analysieren und Beobachten von Aktien. Lerne von erfolgreichen Investoren und triff fundierte Anlageentscheidungen. Wir machen Dich zum selbstbestimmten Investor.