AutoZone Stock News

MEMPHIS, Tenn., Dec. 19, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today announces two Senior Vice President promotions. Bailey Childress, Vice President, Merchandising, has been promoted to Senior Vice President, Omnichannel and Merchandising Support, and Luke Rauch, Vice President, Merchandising, has been promoted to Senior Vice President, Merchandising and Global Sourcing.

AZO's price action is bullish, trading above its 30-week EMA and hitting new highs, indicating strong upward momentum. Momentum indicators show both short-term and long-term bullish trends, with the PPO line well above zero and the signal line. Volume analysis reveals institutional buying, especially post-earnings, suggesting smart money confidence in AZO's future performance.

AutoZone NYSE: AZO faces headwinds in 2024, but its FQ1 2025/CQ3 2024 results prove why it is a high-caliber buy-and-hold stock. The company sustains growth in difficult times, maintains margin, provides robust cash flow, and pays its shareholders to own it.

AutoZone's strong share repurchase program and steady growth support its long-term investment appeal despite recent earnings misses and currency headwinds. AutoZone's balance sheet remains healthy with manageable debt levels, but rising interest expenses and operating costs are concerns. Future growth hinges on international expansion, which could be affected by a strong dollar and potential ta...

AutoZone, Inc. (NYSE:AZO ) Q1 2025 Earnings Conference Call December 10, 2024 10:00 AM ET Company Participants Brian Campbell - VP, Treasurer, IR and Tax Phil Daniele - CEO Jamere Jackson - CFO Conference Call Participants Bret Jordan - Jefferies Simeon Gutman - Morgan Stanley Mark Jordan - Goldman Sachs Michael Lasser - UBS Chris Horvers - JPMorgan Steven Forbes - Guggenheim Securities Steven ...

AutoZone remains a favorite long-term holding due to its consistent growth, international expansion, and robust buyback program enhancing shareholder value. Despite a rare double-line earnings miss in fiscal Q1, AutoZone's comparable sales and gross margins are still growing, with international comps surging 13.7%. The company's aggressive share repurchase program has significantly boosted EPS,...

AutoZone (AZO) posted first-quarter results that narrowly missed estimates Tuesday morning, but Chief Executive Officer (CEO) Phil Daniele said the auto parts retailer remains "well positioned for growth" heading into the rest of fiscal 2025.

Automotive parts retailer AutoZone missed estimates for first-quarter profit and revenue on Tuesday, hurt by higher raw material prices and a stronger dollar.