MEMPHIS, Tenn., Nov. 19, 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 first quarter ended Saturday, November 23, 2024, before market open on Tuesday, December 10, 2024. Additionally, the Company will host a one-hour conference call on Tuesday, December 10, 2024, beginning at 10:00 a.m. (ET), to discuss the results of the quarter. This call is being webcast and can be accessed, along with supporting slides, at AutoZone's website at www.autozone.com and clicking on Investor Relations. Investors may also listen to the call by dialing (888) 506-0062, passcod

MEMPHIS, Tenn., Sept. 24, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO) today reported net sales of $6.2 billion for its fourth quarter (17 weeks) ended August 31, 2024, an increase of 9.0% from the fourth quarter of fiscal 2023 (16 weeks). Excluding sales from the additional week included in this year's quarter, adjusted sales were up 2.6%. Same store sales, or sales for our domestic and international stores open at least one year, are computed on a 16-week and 52-week basis and are as follows:               ConstantCurrency   ConstantCurrency  16 Weeks 16 Weeks* 52 Weeks 52 Weeks*          Domestic0.2% 0.2% 0.4% 0.4% International4.9% 9.9% 16.1% 10.2% Total Company0.7% 1.3% 2.1% 1.4

MEMPHIS, Tenn., Aug. 28, 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 fourth quarter ended Saturday, August 31, 2024, before market open on Tuesday, September 24, 2024. Additionally, the Company will host a one-hour conference call on Tuesday, September 24, 2024, beginning at 10:00 a.m. (ET), to discuss the results of the quarter. This call is being webcast and can be accessed, along with supporting slides, at AutoZone's website at www.autozone.com and clicking on Investor Relations. Investors may also listen to the call by dialing (888) 506-0062, passco

MEMPHIS, Tenn., May 21, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO) today reported net sales of $4.2 billion for its third quarter (12 weeks) ended May 4, 2024, an increase of 3.5% from the third 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:        Constant Currency 12 Weeks 12 Weeks*    Domestic0.0% 0.0%International18.1% 9.3%Total Company1.9% 0.9%* Excludes impacts from fluctuations of foreign exchange rates.  For the quarter, gross profit, as a percentage of sales, was 53.5%, an increase of 102 basis points versus the prior year. The increase in gross margin was primarily driven by

MEMPHIS, Tenn., April 30, 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 third quarter ended Saturday, May 4, 2024, before market open on Tuesday, May 21, 2024. Additionally, the Company will host a one-hour conference call on Tuesday, May 21, 2024, beginning at 10:00 a.m. (ET), to discuss the results of the quarter. This call is being webcast and can be accessed, along with supporting slides, at AutoZone's website at www.autozone.com and clicking on Investor Relations. Investors may also listen to the call by dialing (888) 506-0062, passcode AUTOZONE. In

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:    Constant Currency   Constant Currency 12 Weeks 12 Weeks* 24 Weeks 24 Weeks*        Domestic0.3% 0.3% 0.8% 0.8%International23.9% 10.6% 24.5% 10.7%Total Company3.0% 1.5% 3.2% 1.8%* Excludes impacts from fluctuations of foreign exchange rates.      For the quarter, gross profit, as a percentage of sales, was 53.9%, an increase of 160 basis

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, 2024, beginning at 10:00 a.m. (ET), to discuss the results of the quarter. This call is being webcast and can be accessed, along with supporting slides, at AutoZone's website at www.autozone.com and clicking on Investor Relations. Investors may also listen to the call by dialing (888) 506-0062, passco

MEMPHIS, Tenn., Dec. 05, 2023 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO) today reported net sales of $4.2 billion for its first quarter (12 weeks) ended November 18, 2023, an increase of 5.1% from the first 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:    Constant Currency 12 Weeks 12 Weeks*    Domestic1.2% 1.2%International25.1% 10.9%Total Company3.4% 2.1%* Excludes impacts from fluctuations of foreign exchange rates.    For the quarter, gross profit, as a percentage of sales, was 52.8%, an increase of 279 basis points versus the prior year. The increase in gross margin was driven by 208 b

MEMPHIS, Tenn., Nov. 09, 2023 (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 fourth quarter ended Saturday, November 18, 2023, before market open on Tuesday, December 5, 2023. Additionally, the Company will host a one-hour conference call on Tuesday, December 5, 2023, beginning at 10:00 a.m. (ET), to discuss the results of the quarter. This call is being webcast and can be accessed, along with supporting slides, at AutoZone's website at www.autozone.com and clicking on Investor Relations. Investors may also listen to the call by dialing (888) 506-0062, passcode

MEMPHIS, Tenn., Sept. 19, 2023 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO) today reported net sales of $5.7 billion for its fourth quarter (16 weeks) ended August 26, 2023, an increase of 6.4% from the fourth quarter of fiscal 2022 (16 weeks). Same store sales, or sales for our domestic and international stores open at least one year, are as follows:    Constant Currency   Constant Currency 16 Weeks 16 Weeks* 52 Weeks 52 Weeks*        Domestic1.7% 1.7% 3.4% 3.4%International34.1% 14.9% 29.3% 17.5%Total Company4.5% 2.8% 5.6% 4.6%* Excludes impacts from fluctuations of foreign exchange rates. For the quarter, gross profit, as a percentage of sales, was 52.7%, an increase of 118 basis point

AutoZone (NYSE:AZO) has outperformed the market over the past 15 years by 9.41% on an annualized basis producing an average annual return of 21.48%. Currently, AutoZone has a market capitalization of $49.44 billion. Buying $100 In AZO: If an investor had bought $100 of AZO stock 15 years ago, it would be worth $1,892.01 today based on a price of $2894.02 for AZO at the time of writing. AutoZone's Performance Over Last 15 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and review

AutoZone's (NYSE:AZO) short percent of float has fallen 3.89% since its last report. The company recently reported that it has 376 thousand shares sold short, which is 2.47% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.3 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is imp

Wedbush analyst Seth Basham reiterates AutoZone (NYSE:AZO) with a Outperform and maintains $3200 price target.

Evercore ISI Group analyst Greg Melich maintains AutoZone (NYSE:AZO) with a Outperform and lowers the price target from $3278 to $3275.

AutoZone (NYSE:AZO) has outperformed the market over the past 10 years by 7.35% on an annualized basis producing an average annual return of 18.1%. Currently, AutoZone has a market capitalization of $48.25 billion. Buying $1000 In AZO: If an investor had bought $1000 of AZO stock 10 years ago, it would be worth $5,247.61 today based on a price of $2824.47 for AZO at the time of writing. AutoZone's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and revie

Oppenheimer analyst Brian Nagel maintains AutoZone (NYSE:AZO) with a Perform and maintains $2600 price target.

Guggenheim analyst Steven Forbes maintains AutoZone (NYSE:AZO) with a Buy and raises the price target from $3150 to $3225.

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Evercore ISI Group analyst Greg Melich maintains AutoZone (NYSE:AZO) with a Outperform and raises the price target from $3250 to $3278.

MEMPHIS, Tenn., Nov. 19, 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 first quarter ended Saturday, November 23, 2024, before market open on Tuesday, December 10, 2024. Additionally, the Company will host a one-hour conference call on Tuesday, December 10, 2024, beginning at 10:00 a.m. (ET), to discuss the results of the quarter. This call is being webcast and can be accessed, along with supporting slides, at AutoZone's website at www.autozone.com and clicking on Investor Relations. Investors may also listen to the call by dialing (888) 506-0062, passcod

GREENWICH, Conn., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N

GREENWICH, Conn., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N

GREENWICH, Conn., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 48th Annual Automotive Symposium on November 4th and 5th, 2024 at the Encore at Wynn in Las Vegas, Nevada. This two-day symposium will feature presentations by senior managements of leading automotive and trucking companies, with a lineup that enables investors to understand ever-changing dynamics within the automotive industry. Presenting attendees, which include original equipment suppliers, automotive retailers, aftermarket service participants and next-gen tech companies driving vehicle electrification will provide a "cradle to grave" look at the automotive ecosystem and help investors understand "What's N

MEMPHIS, Tenn., Sept. 24, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO) today reported net sales of $6.2 billion for its fourth quarter (17 weeks) ended August 31, 2024, an increase of 9.0% from the fourth quarter of fiscal 2023 (16 weeks). Excluding sales from the additional week included in this year's quarter, adjusted sales were up 2.6%. Same store sales, or sales for our domestic and international stores open at least one year, are computed on a 16-week and 52-week basis and are as follows:               ConstantCurrency   ConstantCurrency  16 Weeks 16 Weeks* 52 Weeks 52 Weeks*          Domestic0.2% 0.2% 0.4% 0.4% International4.9% 9.9% 16.1% 10.2% Total Company0.7% 1.3% 2.1% 1.4

MEMPHIS, Tenn., Aug. 28, 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 fourth quarter ended Saturday, August 31, 2024, before market open on Tuesday, September 24, 2024. Additionally, the Company will host a one-hour conference call on Tuesday, September 24, 2024, beginning at 10:00 a.m. (ET), to discuss the results of the quarter. This call is being webcast and can be accessed, along with supporting slides, at AutoZone's website at www.autozone.com and clicking on Investor Relations. Investors may also listen to the call by dialing (888) 506-0062, passco

MEMPHIS, Tenn., July 29, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO), today announced that Kenneth Jaycox joins the Company as Senior Vice President, Commercial, Customer Satisfaction. Kenneth comes to AutoZone from United States Steel Corporation where he served as Senior Vice President and Chief Commercial Officer, responsible for U.S. Steel's commercial functions, customer value creation, pricing and revenue growth. Prior to joining U.S. Steel, he served as Vice President of Transformation for Sysco Corporation, where he led numerous sales, digital transformation and supply chain initiatives. Throughout his career, Kenneth has held several leadership roles in commercial sales, c

MEMPHIS, Tenn., June 19, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO), today, announced its Board of Directors authorized the repurchase of an additional $1.5 billion of the Company's common stock in connection with its ongoing share repurchase program. Since the inception of the repurchase program in 1998, and including the above amount, AutoZone's Board of Directors has authorized $39.2 billion in share repurchases. "AutoZone's continuing ability to generate strong free cash flow allows us to increase our cumulative share authorization while maintaining our investment grade credit ratings," said Jamere Jackson, Chief Financial Officer. "We remain committed to our disciplined capit

MEMPHIS, Tenn., June 05, 2024 (GLOBE NEWSWIRE) -- AutoZone (NYSE:AZO) recognized 17 of its top suppliers at their annual Vendor Summit. The awards honor companies that provided exceptional performance and demonstrated a strong commitment to customer satisfaction during the past year. AutoZone awarded JK Fenner the 2024 Vendor of the Year, the highest vendor honor from the company. JK Fenner is a leader in Mechanical Power Transmission products and was praised for providing outstanding customer service, prioritizing customers, and executing flawlessly, while entering into a new business at AutoZone's request. JK Fenner invested in new tools and equipment, adopted new processes, increased t

MEMPHIS, Tenn., May 21, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO) today reported net sales of $4.2 billion for its third quarter (12 weeks) ended May 4, 2024, an increase of 3.5% from the third 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:        Constant Currency 12 Weeks 12 Weeks*    Domestic0.0% 0.0%International18.1% 9.3%Total Company1.9% 0.9%* Excludes impacts from fluctuations of foreign exchange rates.  For the quarter, gross profit, as a percentage of sales, was 53.5%, an increase of 102 basis points versus the prior year. The increase in gross margin was primarily driven by

MEMPHIS, Tenn., Jan. 02, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:AZO) completed its Leadership Transition Plan announced on June 26, 2023. Today, Phil Daniele, a 30-year AutoZoner, who most recently served as Chief Executive Officer-Elect, became President and Chief Executive Officer (CEO). Bill Rhodes, a 29-year AutoZoner, and our CEO for nearly 19 years, who most recently served as Chairman, President and CEO, transitioned into the role of Executive Chairman. "A very special congratulations to Phil on becoming AutoZone's President and CEO. For only the fifth time in our company's rich history, we have a new CEO. I am tremendously excited about AutoZone's future and continued growt

MEMPHIS, Tenn., Sept. 18, 2023 (GLOBE NEWSWIRE) -- AutoZone (NYSE:AZO), following its Leadership Transition Plan announced on June 26, 2023, today announced additional senior leadership changes. Tom Newbern, a 38-year AutoZoner, currently Executive Vice President, Operations, Sales and Technology, has been promoted to Chief Operating Officer (COO). Additionally, Jamere Jackson, current Chief Financial Officer and Executive Vice President, Finance and Store Development, has been promoted as Chief Financial Officer (CFO) where he will continue to lead the Finance and Store Development teams. Phil Daniele, our Chief Executive Officer-Elect (CEO-Elect), is positioning Tom and Jamere as equival

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 54, a 29-year AutoZoner and currently Executive Vice President Merchandising, Marketing and Supply Chain, has been selected to succeed Rhodes as CEO in January 2024 and he will also become a member of the Board of Directors. "On behalf of the Board of Directors, I want to thank Bill for his outstanding leadership during his more than 18 years as our CEO and we are excited and grateful that he will remain ac

MEMPHIS, Tenn., Feb. 18, 2022 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE:   AZO), today announced the appointment of Michael George and Brian Hannasch to the AutoZone Board of Directors. "The additions of Mike and Brian to our Board of Directors will further enhance the tremendous depth of experiences, knowledge and skill sets represented on our Board," said Bill Rhodes, AutoZone's Chairman, President and CEO, Customer Satisfaction. "We are very fortunate to add these remarkable and proven leaders to our Board." Michael George formerly served as President and CEO of Qurate Retail from March 2018 to September 2021, the parent company of QVC, and as CEO of QVC from 2004 through July 2021. Pr

ATLANTA--(BUSINESS WIRE)--Floor & Decor Holdings, Inc. (NYSE:FND) announced today that William T. Giles, former Chief Financial Officer and Executive Vice President of AutoZone, Inc. (NYSE:AZO), has been appointed to Floor & Decor’s Board of Directors and as Chairperson of its Audit Committee, effective April 15, 2021. Tom Taylor, CEO of Floor & Decor, said, “We are very excited to welcome Bill to our Board. He has a track record of successfully managing high-growth at a leading specialty retailer for many years, and we look forward to his contributions as we continue to execute our long-term strategic growth plan.” About William T. Giles Mr. Giles served as Chief Financial Off