The Latest Breaking News from AZO

Heavy insider buying can be a good indicator of future price appreciation for stocks because insiders often have insight into the growth prospects of their companies. Shares of Intel (INTC), CSX (CSX), Centene (CNC), and AutoZone (AZO) have been heavily bought by insiders of late. So, we think it could…

AutoZone Inc (NYSE:AZO) reported third-quarter FY22 sales growth of 5.9% year-on-year, to $3.87 billion, beating the consensus of $3.71 billion. EPS of $29.03 beat the analyst consensus of $26.05.  Domestic same-store sales for the quarter increased 2.6%. The gross margin decreased 54 basis points Y/Y to 51.91%. The operating margin was 20.1%, and…

Within the last quarter, AutoZone (NYSE:AZO) has observed the following analyst ratings:

AutoZone Inc (NYSE:AZO) said its Board of Directors authorized the repurchase of an additional $2.0 billion of its common stock. The company had $958 million remaining under its current share repurchase authorization at the end of the second quarter. The company held $239.4 million in cash and equivalents as of February 12, 2022. AutoZone's Board…

News of Alphabet (NASDAQ: GOOGL) and Amazon's (NASDAQ: AMZN) upcoming stock splits has caused excitement for retail investors, shifting the focus from soaring inflation and fuel prices, while some traders are already speculating the next mega-cap s

Over the past 3 months, 12 analysts have published their opinion on AutoZone (NYSE:AZO) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Despite current, multi-decade high inflation, consumer spending rose in January as omicron-variant worries receded. Motor vehicle and parts dealers witnessed a 5.7% rise in retail sales as demand for automobiles climbed thanks to the continuing economic recovery. So, we think it could be wise to bet on quality auto parts…

The automotive industry accounts for about 4% of global GDP. The industry is also going through a period of disruption due to EVs and autonomous driving which will create its own set of winners and losers. That’s why investors should consider top auto stocks such as Honda Motor Company (HMC),…