|Bid||2,462.00 x 800|
|Ask||2,500.00 x 800|
|Day's Range||2,426.57 - 2,471.47|
|52 Week Range||1,959.58 - 2,750.00|
|Beta (5Y Monthly)||0.68|
|PE Ratio (TTM)||20.01|
|Earnings Date||May 23, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,764.29|
AutoZone, Carvana, Ford, Toyota and Penske have been highlighted in this Market Edge article.
The auto industry is at a crossroads after 3 years of red-hot sales, supply chain disruptions and regulatory pressures
The stock market lost its upward momentum on Tuesday as the lack of progress toward a resolution of the debt ceiling debate in Washington seemed to overwhelm investors. Investors still seem largely confident that lawmakers will resolve the debt ceiling problem without a cataclysmic default, but the lack of a clear solution as the days tick down still weighed a bit on sentiment. Lowe's (NYSE: LOW) managed to post a modest gain for the day after releasing its quarterly figures, but shareholders in auto parts retailer AutoZone (NYSE: AZO) weren't as fortunate.
AutoZone's (AZO) third-quarter fiscal 2023 earnings beat estimates. However, sales miss the mark.
Investing.com -- Stocks are falling as uncertainty over a resolution to the debt ceiling weighed on sentiment. Here are the market movers for May 23.
The headline numbers for AutoZone (AZO) give insight into how the company performed in the quarter ended May 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
"Weaker-than-expected sales for the month of March meaningfully affected our results this quarter," CEO Bill Rhodes said. Elevated material costs and supply chain woes have led to U.S. auto suppliers hiking prices for their products across the board. On the other hand, consumers weary of a looming recession have been tightening their purse strings and scaling back on discretionary spending.
MEMPHIS, Tenn., May 23, 2023 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $4.1 billion for its third quarter (12 weeks) ended May 6, 2023, an increase of 5.8% from the third quarter of fiscal 2022 (12 weeks). Domestic same store sales, or sales for stores open at least one year, increased 1.9% for the quarter. “I would like to congratulate and thank our entire organization for delivering solid earnings in our third fiscal quarter. The hard work of our AutoZoners and
Investing.com -- Stocks in focus in premarket trade on Tuesday, May 23rd. Please refresh for updates.
Investing.com -- AutoZone Inc (NYSE:AZO) has reported a slowdown in comparable sales in its third quarter, as the U.S. auto parts retailer was hit by weaker-than-anticipated demand in March.
AutoZone's (AZO) Q3 results are likely to benefit from omnichannel efforts to improve customer shopping experiences. Expansion and rising commodity prices might have put pressure on gross margins.
Shift Tech (SFT) delivered earnings and revenue surprises of 17.94% and 2.13%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
MEMPHIS, Tenn., May 04, 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 third quarter ended Saturday, May 6, 2023, before market open on Tuesday, May 23, 2023. Additionally, the Company will host a one-hour conference call on Tuesday, May 23, 2023, beginning at 10:00 a.m. (ET), to discuss the results of the quarter. This call is being webcast and can be accessed
Holding on to popular or trending stocks for the long-term can make your portfolio a winner.
Here is how AutoZone (AZO) and Cracker Barrel Old Country Store (CBRL) have performed compared to their sector so far this year.
What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
MarineMax's (HZO) second-quarter results are likely to reflect significant geographic reach and product diversification. However, supply-chain issues and current macroeconomic conditions remain headwinds.
AutoZone (AZO) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Buying shares of high-quality businesses and giving them time to grow is a strategy that can make you much wealthier over long periods of time. The retailers AutoZone (NYSE: AZO) and Five Below (NASDAQ: FIVE) have both outperformed the broader markets over the last five years. With more than 6,200 stores in the United States, over 700 stores in Mexico, and 81 stores in Brazil as of Feb. 11, AutoZone is among the largest auto parts retailers in the Western Hemisphere.
At a time when it seems economic uncertainty hasn't been higher, these thriving businesses show their worth.
Here is how AutoZone (AZO) and Build-A-Bear (BBW) have performed compared to their sector so far this year.
O'Reilly Automotive and AutoZone are part of the Zacks Industry Outlook article.
Albertsons' (ACI) fourth-quarter results are likely to reflect its focus on enhancing digital and omnichannel capabilities as well as efforts to boost productivity.
The Zacks Consensus Estimate for CarMax's (KMX) fiscal Q4 earnings and revenues is pegged at 22 cents per share and $5.87 billion, respectively.