AutoZone 4th Quarter Same Store Sales Increase 6.2%; 4th Quarter EPS Increases to $40.51; Annual Sales of $16.3 Billion

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Go back to AutoZone 4th Quarter Same Store Sales Increase 6.2%; 4th Quarter EPS Increases to $40.51; Annual Sales of $16.3 Billion

AutoZone (AZO) PT Raised to $2,450 at Jefferies Following Earnings

September 20, 2022 7:47 AM EDT

Jefferies analyst Bret Jordan raised the price target on AutoZone (NYSE: AZO) to $2,450.00 (from $2,350.00) while maintaining a Buy rating.

The analyst commented, "AZO's Q4'22 comp & EPS of 6.2% & $40.51 beat our ests. (+5.0% & $38.52) and cons. (+3.4% & $38.51) as DIFM was +22.0% y/y while DIY grew 1.1% despite lapping... More