AutoZone (AZO) Tops Q4 EPS by 5c, Comps Rise 1%
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UBS Reiterates Buy on AutoZone (AZO) Following 4Q Report
September 23, 2016 9:14 AM EDTUBS 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
Wedbush Remains Bullish on AutoZone (AZO) Following 4Q Report
September 23, 2016 7:07 AM EDTWedbush 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
AutoZone (AZO) Adds $750M to Buyback Plan
September 22, 2016 6:58 AM EDTAutoZone, Inc. (NYSE: AZO), today announced its Board of Directors authorized the repurchase of an additional $750 million of the Companys common stock in connection with its ongoing share repurchase program. Since the inception of the repurchase program in 1998, and including the above... More
