Tradepulse Power Inflow Alert: Autozone Inc. Climbs Over 100 Points After Signal
STOCK RISES QUICKLY AFTER THE SIGNAL AT 10:17 AM AND HITS THE HIGH OF THE DAY AT 10:55 AM EDT
AutoZone Q4 Earnings Miss Expectations, Sales Increase Y/Y
AZO's fourth-quarter fiscal 2024 earnings miss the Zacks Consensus Estimate while revenues beat the same.
Wall Street Analysts Think AutoZone (AZO) Is a Good Investment: Is It?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
AutoZone: Likely To Remain A Long-Term Winner
AutoZone has shown strong historical performance through excellent capital allocation and aggressive share buybacks, despite recent slower revenue growth rates. The company is in a transition phase, focusing on commercial expansion and international growth, particularly in Mexico and Brazil. Despite increased debt, AutoZone's negative cash conversion cycle and shareholder-friendly capital allocation remain positive indicators.
AutoZone, Inc. (AZO) Q4 2024 Earnings Call Transcript
AutoZone, Inc. (NYSE:AZO ) Q4 2024 Earnings Conference Call September 24, 2024 10:00 AM ET Company Participants Brian Campbell - Vice President, Treasurer, Investor Relations & Tax Phil Daniele - Chief Executive Officer Jamere Jackson - Chief Financial Officer Conference Call Participants Simeon Gutman - Morgan Stanley Bret Jordan - Jefferies Chris Horvers - JPMorgan Steven Forbes - Guggenheim Securities Robbie Ohmes - Bank of America Michael Lasser - UBS Michael Baker - D.A. Davidson Zach Fadem - Wells Fargo Brian Campbell Before we begin, please note that today's call includes forward-looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Why Autozone Stock Slumped on Tuesday
Autozone missed analysts' expectations on both sales and earnings in its fiscal fourth quarter. Stock buybacks helped the company to grow its earnings per share by 11% in Q4.
AutoZone: Stay Long, It Continues To Be A Winner
AutoZone, Inc. remains a top long-term holding due to its consistent growth, international expansion, and robust buyback program that enhances shareholder value. Fiscal Q4 saw record sales of $6.2 billion, with comparable store sales up 1.3% and international comps surging 9.9%. Despite a slight EPS miss, AutoZone's aggressive share repurchase program continues to drive significant EPS growth and shareholder returns.
AutoZone's (AZO) Engine Sputters After Off-Track Earnings Miss
Seth Basham with Wedbush Securities says AutoZone's (AZO) business model remains "resilient" despite its earnings miss, but notes "there are still headwinds" for its profitability. CFRA's Garrett Nelson calls the expectations miss "uncharacteristic" for the company, as he and Seth map out the road ahead for AutoZone.
AutoZone Results Impacted by Consumer Discretionary Spending Woes
Auto parts retailer AutoZone (AZO) posted worse-than-expected quarterly results Tuesday as costs rose and the company faced a decline in American customers' discretionary spending. However, it got a boost from store expansion.
AutoZone (AZO) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for AutoZone (AZO) give insight into how the company performed in the quarter ended August 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
AutoZone misses quarterly profit estimates on rising costs; shares down
Auto parts retailer AutoZone reported a lower-than-expected fourth-quarter profit on Tuesday, hurt by inflationary challenges, sending its shares down almost 5% in early trade.
AutoZone (AZO) Misses Q4 Earnings Estimates
AutoZone (AZO) came out with quarterly earnings of $48.11 per share, missing the Zacks Consensus Estimate of $53.31 per share. This compares to earnings of $46.46 per share a year ago.
