AutoZone 3rd Quarter Same Store Sales Increase 28.9%; EPS Increases to $26.48
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AutoZone (AZO) PT Raised to $1,650 at Jefferies
May 26, 2021 7:56 AM EDTJefferies analyst Bret Jordan raised the price target on AutoZone (NYSE: AZO) to $1,650.00 (from $1,455.00) while maintaining a Buy rating following third-quarter results, which showed commercial gains more than offset gross margin impact from DIFM mix.
The analyst commented, "At $26.48 AZO's Q3 EPS handily... More
AutoZone (AZO) Tops Q3 EPS by $6.34
May 25, 2021 6:57 AM EDTAutoZone (NYSE: AZO) reported Q3 EPS of $26.48, $6.34 better than the analyst estimate of $20.14. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.26 billion.
Domestic same store sales, or sales for stores open at least one year, increased 28.9% for the... More