|Bid||0.00 x 100|
|Ask||0.00 x 100|
|Day's range||861.00 - 881.00|
|52-week range||590.76 - 894.37|
|Beta (3Y monthly)||1.06|
|PE ratio (TTM)||17.84|
|Earnings date||25 Feb 2019 - 1 Mar 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||910.94|
In the first quarter of fiscal 2019, AutoZone’s gross profit was $1.42 billion, ~3.8% higher than $1.36 billion in the first quarter of 2018. With this, the company’s gross margin came in at 53.7%, higher than 52.8% a year ago and 53.6% in the fourth quarter of fiscal 2018. AutoZone’s fiscal 2019 first-quarter adjusted net profit stood at $351 million, up 25.1% YoY (year-over-year), with a strong net profit margin of 13.3%.
In the previous article, we looked at how AutoZone (AZO) launched next-day delivery in 80 markets in the United States. In the first quarter of fiscal 2019, AutoZone had commercial programs in 4,766 stores in its home market, reflecting a 3.1% rise from 4,622 in the first quarter of fiscal 2018. The company opened 149 new commercial programs in fiscal 2018, slightly lower than AutoZone’s original plan to open ~150 new programs.
AutoZone’s (AZO) performance is mainly divided into two business segments: DIY (do it yourself), or Retail, and DIFM (do it for me), or Commercial. The DIY segment targets retail customers and yields higher margins than DIFM. For AutoZone, DIY is a major business segment, and it’s focused on the sale of auto parts to customers without the provision of a mechanic’s assistance to fit or change those parts.
AutoZone (AZO) generates revenue by selling auto parts and accessories primarily in the US market, Puerto Rico, Mexico, and Brazil. In the last three years, US auto companies (XLY), including General Motors (GM) and Ford Motor Company (F), have benefited from strong US demand for utility vehicles and trucks.
The waning popularity of small passenger cars, despite the rising demand for crossovers, sports utility vehicles and trucks, is the major reason behind the decline in auto sales during November.
O’Reilly Automotive (ORLY) stock has risen 11.9% month-to-date, while AutoZone (AZO) has risen 13.7% and Advance Auto Parts (AAP) has risen ~12.0%. Meanwhile, the S&P 500 has fallen 1.1%. A broader market sell-off took a toll on auto part stocks in October, with O’Reilly, AutoZone, and Advance Auto Parts falling 7.7%, 5.4%, and 2.6%, respectively.
The market is reconsidering whether a dovish Federal Reserve and a window for trade talks between the U.S. and China are actually good news.
America’s top auto parts retailer (XLY) by store count, AutoZone (AZO), has released its results for the first quarter of fiscal 2019 (the 12 weeks ended November 17, 2018). The company’s first-quarter adjusted earnings jumped 34.7% YoY (year-over-year) to $13.47 per share—better than analysts’ estimates of $12.21 per share. After the earnings release, the stock rallied. At 10:55 AM EST, AZO was up 7.3%. At the same time, O’Reilly Automotive (ORLY), Advance Auto Parts (AAP), and General Motors (GM) were trading up 1.7%, up 1.2%, and down 2.3%, respectively from their closing prices yesterday.
An improved performance given by AutoZone's (AZO) DIY and commercial businesses drives earnings in the first quarter of fiscal 2019. Both revenues and earnings per share drive past estimates.
AutoZone (AZO) delivered earnings and revenue surprises of 10.32% and 0.19%, respectively, for the quarter ended November 2018. Do the numbers hold clues to what lies ahead for the stock?
STOCKSTOWATCHTODAY BLOG The Dow Jones Industrial Average looks set for a lower open this morning as investors fret about the details of the trade truce between the U.S. and China, and the flattening yield curve.
Looking at AutoZone Inc’s (NYSE:AZO) earnings update in August 2018, analysts seem fairly confident, with profits predicted to increase by 10% next year compared with the past 5-year average growth Read More...
Of Reuters-surveyed analysts, about 50%, 71%, and 55% recommend “buy” for AutoZone (AZO), O’Reilly Automotive (ORLY), and Advance Auto Parts (AAP) stock, respectively, while 45%, 29%, and 45% recommend “hold.” Only AutoZone received “sell” recommendations, from 5% of analysts.
The Memphis, Tennessee-based company said it had net income of $13.47 per share. The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was ...
MEMPHIS, Tenn., Dec. 04, 2018 -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $2.6 billion for its first quarter (12 weeks) ended November 17, 2018, an increase of.
Markets will close on Wednesday for the National Day of Mourning to honor President H.W. Bush, and OPEC will meet. Here's what you need to know for the week ahead.