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Autozone Inc. - AZO STOCK NEWS

Welcome to our dedicated news page for Autozone (Ticker: AZO), a resource for investors and traders seeking the latest updates and insights on Autozone.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Autozone's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Autozone's position in the market.

Rhea-AI Summary
ALLDATA Europe expands repair data access for technicians in Europe by adding Abarth, Chrysler, and Tesla OEM repair information. The addition of these manufacturers brings the total number of vehicle manufacturers available on ALLDATA Repair to 36, covering 96% of vehicles on the road. Technicians can now easily access hybrid and EV repair data through an enhanced search feature, showcasing ALLDATA Europe's commitment to staying current with industry trends. With over 118,000 vehicle combinations, including TSBs, DTCs, and technical drawings, ALLDATA Repair aims to simplify and streamline the repair process for technicians.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
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Rhea-AI Summary
AutoZone, Inc. (AZO) reported a 4.6% increase in net sales to $3.9 billion for Q2 of fiscal 2024. Gross profit rose to 53.9%, operating profit increased by 10.9%, and net income grew by 8.1%. Diluted earnings per share surged by 17.2%. The company repurchased shares worth $223.8 million. AutoZone opened 19 new stores in the U.S. and expanded internationally with double-digit growth. The inventory increased by 4.2%. President and CEO Phil Daniele expressed confidence in the company's sales initiatives and future growth prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.66%
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Rhea-AI Summary
AutoZone, Inc. (NYSE: AZO) will release its second-quarter results on February 27, 2024, and host a conference call to discuss the results. The call will be webcast and accessible on the company's website. Investors can also listen to the call via phone and access a replay until March 12, 2024.
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Rhea-AI Summary
AutoZone, Inc. (NYSE: AZO) completed its Leadership Transition Plan with Phil Daniele becoming President and CEO, and Bill Rhodes transitioning to Executive Chairman.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
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management
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Rhea-AI Summary
AutoZone, Inc. (NYSE: AZO) has announced the authorization of an additional $2.0 billion for share repurchases, bringing the total authorized amount to $37.7 billion since 1998. The company's Chief Financial Officer, Jamere Jackson, highlighted the strong free cash flow generation and the commitment to maintaining investment grade credit ratings and disciplined capital allocation policy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
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buyback
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Rhea-AI Summary
AutoZone, Inc. (NYSE:AZO) will hold its Annual Meeting of Stockholders on December 20, 2023, at the J.R. Hyde III Store Support Center in Memphis, Tennessee. The meeting will begin at 9:00 a.m. (ET) and will be webcast on the company's website at www.autozone.com under Investor Relations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
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Rhea-AI Summary
AutoZone, Inc. (NYSE: AZO) reported net sales of $4.2 billion for the first quarter ended November 18, 2023, a 5.1% increase from the same period in fiscal 2023. Gross profit was 52.8% of sales, a 279 basis point increase, and operating profit rose by 17.4% to $848.6 million. Net income increased 10.0% to $593.5 million, with diluted earnings per share rising 18.6% to $32.55. The company repurchased 580 thousand shares of its common stock at an average price of $2,590, totaling $1.5 billion. AutoZone opened 17 new stores in the U.S., five in Mexico, and four in Brazil, with a total of 7,165 stores across the Americas.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
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Rhea-AI Summary
AutoZone, Inc. (NYSE: AZO) to release Q4 results on December 5, 2023, followed by a conference call. Investors can access the webcast at www.autozone.com or dial (888) 506-0062. Telephone replay available until December 19, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
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Rhea-AI Summary
AutoZone, Inc. has promoted Lindsay Lehman to Senior Vice President, Marketing. Lehman has over 20 years of consumer marketing and data analytics experience and has previously worked at Norwegian Cruise Line Holdings, Kraft Foods, Hearst Corporation, and Goldman Sachs.
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Rhea-AI Summary
ALLDATA, an AutoZone company, is showcasing its integrated online solutions at the SEMA Show. The company's focus is on boosting productivity with ALLDATA Repair® and ALLDATA Collision®, as well as diagnostics tools, shop management solutions, and support services. Recent upgrades include major electric vehicle coverage, ALLDATA Inspections, ADAS Quick Reference, ALLDATA Find-A-Fix, and ALLDATA Tech-Assist®. ALLDATA is also offering discounts on subscriptions and bundled solutions at the SEMA Show.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
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Autozone Inc.

NYSE:AZO

AZO Rankings

AZO Stock Data

50.36B
17.25M
0.27%
95.69%
2.26%
Automotive Parts and Accessories Stores
Retail Trade
Link
US
Memphis

About AZO

autozone is the nation's leading retailer and a leading distributor of automotive replacement parts and accessories with more than 4,400 stores in the us, puerto rico, and mexico. each store carries an extensive line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured hard parts, maintenance items and accessories. since opening its first store in forrest city, ark. on july 4, 1979, the company has joined the new york stock exchange (nyse: azo) and earned a spot in the fortune 500.