AutoZone Authorizes Additional Stock Repurchase
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September 23, 2016 9:14 AM EDT
UBS reiterated a Buy rating and $825.00 price target on AutoZone (NYSE: AZO) following the company's 4Q earnings report. AZO was able to generate its 12th consecutive quarter of margin expansion, despite posting a 1% comp and seeing continued headwinds from its delivery and inventory initiatives.
Analyst... More
September 23, 2016 7:07 AM EDT
Wedbush reiterated an Outperform rating and $870.00 price target on AutoZone (NYSE: AZO) following the company's 4Q earnings report. AZO reported domestic comps of 1.0%, below consensus 2.0% but roughly in line with buy side expectations.
Analyst Seth Basham commented, "AZO delivered a quarter largely in... More
September 22, 2016 7:04 AM EDT
AutoZone (NYSE: AZO) reported Q4 EPS of $14.30, $0.05 better than the analyst estimate of $14.25. Revenue for the quarter came in at $3.4 billion versus the consensus estimate of $3.43 billion.
Same Store Sales Increase 1.0%.
GUIDANCE:
AutoZone lifted FY2016 EPS to $40.70, versus the consensus of $40.74.
I would like to thank our entire organization for the... More
