AutoZone reports Q4 growth but falls short of expectations
The Memphis-based automotive parts retailer reported a higher net income compared to the same period last year, and earnings per share rose 11%.
There are 19 article(s) tagged AutoZone Inc.:
The Memphis-based automotive parts retailer reported a higher net income compared to the same period last year, and earnings per share rose 11%.
The Memphis-based automotive parts retailer reported profit of $515 million, and earnings per share rose 17.2% to $28.89, beating analyst expectations.
The Memphis-based automotive parts retailer reported a better-than-expected increase in net income for the quarter.
Philip B. Daniele III, 54, AutoZone’s executive vice president of merchandising, marketing and supply chain, will take over as president and CEO in January.
AutoZone reported second-quarter net sales of $3.7 billion, a more than 9% increase from the same period a year ago.
Mergers and acquisitions, leadership transitions, uncertain economic conditions, global tensions — local publicly traded companies faced numerous challenges in 2022.
Memphis-based public companies FedEx, International Paper, Sylvamo and AutoZone have cautious outlooks for 2023.
AutoZone opened 118 new stores and closed one in the U.S., opened 39 stores in Mexico and 20 stores in Brazil in 2022.
The automotive parts retailer reported its operating profit increased 5.7% to $1.1 billion and net income for the quarter increased 3.1% over the same period in 2021 to $810 million.
AutoZone reported another strong quarter of sales and earnings growth.
The rise in popularity of electric cars almost certainly means changes ahead for the automotive industry, but that’s not necessarily a doomsday scenario for companies like Memphis-based AutoZone Inc.
AutoZone directors have increased the company’s share repurchase authorization by $1.5 billion, pushing the total since 1998 to $24.65 billion.
Good morning, all. It’s Wednesday, Dec. 11, and today we're talking about ALL the letters, a new crude oil pipeline and how AutoZone plans to grow.
AutoZone Inc. posted third quarter earnings Tuesday with higher net sales compared to a year ago and a 10.7% increase in net income.
AutoZone rides weather and an improving focus on the commercial side of its business to impressive earnings results and a surge in its stock price.
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