Auto Parts Stores
(AZO) AutoZone Beats Earnings – Profits Up 24%
AutoZone Inc. (AZO) recorded a 24% rise in profit to $4.68 per share in the first quarter of its fiscal 2012 ended November 19, 2011 from $3.77 per share in the year-ago quarter, beating the Zacks Consensus Estimate of $4.45 per share. In absolute terms, profit increased 11%...
19Dec2011 | vitalstocks | 0 comments | Continued(AZO) AutoZone Reports Another Strong Quarter From Late September
AutoZone, Inc. (AZO) continues to trade near its all-time high, jumping higher on another strong quarter from late September. With a high industry rank and bullish growth projection, this Zacks #1 Rank stock is primed for momentum. Company Description AutoZone, Inc. operates...
28Nov2011 | vitalstocks | 0 comments | Continued(AZO) U.S. Retail on the Rise
Total Retail Sales rose 0.5% in October on top of a 1.1% rise in September. Relative to a year ago they are up 7.2%. While the number is not adjusted for inflation (it is, but only for seasonality and holidays) it is still a strong showing. It was also better than the expected...
20Nov2011 | vitalstocks | 0 comments | Continued(AZO) U.S. Retail Sales Flat in August
Retail and food service sales were unchanged in August, below expectations of a 0.2% increase. July was revised down from an increase of 0.5% to an increase of 0.3%. Total retail sales are up 7.2% from a year ago. This was a disappointing report, and shows the consumer is still...
15Sep2011 | vitalstocks | 0 comments | Continued(AZO) U.S. Consumer – Reports of the Consumer’s Death Are Greatly Exaggerated
Retail and Food Service Sales were up 0.5% in July, in line with expectations. June was revised up from an increase of 0.1% to an increase of 0.3%. Total retail sales are up 8.5% from a year ago. In other words, reports of the consumer’s death have been greatly exaggerated. The...
15Aug2011 | vitalstocks | 0 comments | Continued(AAP) Company News for August 12, 2011 – Corporate Summary
• Pan American Silver Corp (NASDAQ:PAAS) posted Q2 EPS of $0.71, lower than the Zacks Consensus Estimate of $0.74 per share. Revenues rose 57.4% year-over-year to $231.9 million, missing the Zacks Consensus Estimate of $282.0 million • FXCM (NASDAQ:FXCM) reported...
13Aug2011 | vitalstocks | 0 comments | Continued(AZO) U.S. Retail Sales Rise Slightly in June
Retail and Food Service Sales were in line with expectations for June, coming in with an increase of 0.1%. Retail sales alone were up 0.2%. Total retail sales are up 8.5% from a year ago (8.1% including food service). The Retail Sales report covers far more than just the Malls...
14Jul2011 | vitalstocks | 0 comments | Continued(AZO) AutoZone Analyst Maintains Neutral on Shares
We reiterate our Neutral recommendation on AutoZone Inc. (AZO), which is one of the nation’s leading specialty retailers of automotive replacement parts and accessories, operating in the Do-It-Yourself (DIY) retail, Do-It-for-Me (DIFM) commercial and other customer markets. AutoZone...
16Jun2011 | vitalstocks | 0 comments | Continued(AZO) AutoZone Increases Share Buyback to $10.4 Billion
AutoZone Inc. (AZO) announced that its board of directors has authorized the repurchase of up to an additional $500 million of common stock under its existing share buyback program. Since the inception of the repurchase program in 1998, AutoZone has authorized $10.4 billion worth...
16Jun2011 | vitalstocks | 0 comments | Continued(AZO) Company News for March 02, 2011 – Corporate Summary
• AutoZone (NYSE:AZO) reported Q2 EPS of $3.34, ahead of the Zacks Consensus Estimate of $3.06 per share. Revenues for the quarter rose 10.3% year-over-year to $1.66 billion, above the Zacks Consensus Estimate of $1.631 billion • TiVO (NASDAQ:TIVO) reported a Q4 loss of...
3Mar2011 | vitalstocks | 0 comments | Continued(AZO) AutoZone Plans Share Buyback
AutoZone Inc. (AZO) has authorized the repurchase of an additional $500 million of its common stock under its ongoing share repurchase program on top of an authorization of another $500 million in September this year. Since the inception of the share repurchase program in 1998,...
19Dec2010 | vitalstocks | 0 comments | Continued(AZO) Autozone Incorporated – First Quarter Revenues Rise 13%
Autozone, Inc. (AZO) continues to trade near its all-time high after reporting strong Q1 results in early December that included a 10% earnings surprise. With a discounted valuation and bullish growth projection, this Zacks #1 rank stock offers a nice tune up for the momentum...
13Dec2010 | vitalstocks | 0 comments | Continued(AZO) Will The Holiday Shopping Season Be Good for Retailers?
December 2, 2010 The holiday shopping season got off to a good official start this past weekend. The National Retail Federation estimates that total spending reached $45 billion during the three-day period of Black Friday, Saturday and Sunday. Shoppers spent an average of $365.34,...
2Dec2010 | Shawn | 0 comments | Continued(AZO) Company News for September 21, 2010
• Nokia (NYSE:NOK) for the second time announced delivery delays of its N8 model smartphone • ConAgra (NYSE:CAG) announced worse-than-expected fiscal first quarter earnings of 34 cents a share, off estimates of 39 cents, on revenues of $2.82 billion, below estimates at...
22Sep2010 | vitalstocks | 0 comments | Continued(AZO) Autozone Gets In The Zone With Financial Tides
Autozone (AZO) is the nation’s leading specialty retailer of automotive parts and accessories, primarily focusing on do-it-yourself customers. Each of the company’s auto parts store carries an extensive product line for cars, vans and light trucks Incorporatedluding...
27May2010 | Shawn | 0 comments | Continued(AZO) AutoZone Third Quarter 2010 Earnings Exceed Estimates
AutoZone (AZO) has posted a profit of $4.12 per share for the third quarter of its fiscal 2010 ended May 8, 2010, far exceeding the Zacks Consensus Estimate of $3.59 per share and the year-ago profit of $3.13 per share. The absolute income improved 16.7% to $202.7 million from...
26May2010 | vitalstocks | 0 comments | Continued(ORLY) O’Reilly Automotive – Bull of the Day
O’Reilly Automotive (ORLY) is continuously benefiting from its dual market strategy and strong distribution network. In the first quarter of 2010, the company beat the Zacks Consensus Estimate of $0.59 per share and its own guidance of $0.56-$0.60 per share by posting earnings...
25May2010 | vitalstocks | 0 comments | Continued(AAP) Advance Auto Parts First Quarter 2010 Beats Expectations
Advance Auto Parts (AAP) posted a profit of $1.19 per share in the first quarter of 2010, ended April 24, 2010, compared with $1.02 (excluding the charge related to store divestitures) in the year-ago quarter. With this, the automotive retailer outdid the Zacks Consensus Estimate...
24May2010 | vitalstocks | 0 comments | Continued(ORLY) O’Reilly Automotive – Same-Store Sales Up 6.9%
O’Reilly Automotive, Inc. (ORLY) just hit a new all-time high at $50.09 after jumping higher in late April on a 20% Q1 earnings surprise. Estimates are on rising for this Zacks #1 rank stock, with the next year projecting 15% earnings growth. Company Description O’Reilly...
23May2010 | vitalstocks | 0 comments | Continued(ORLY) O’Reilly Automotive Shows That Auto Parts Are On Fire
Financial Tides‘ pick today is O’Reilly Automotive, Inc. (ORLY) a specialty retailer and supplier of automotive aftermarket parts, tools, supplies, equipment and accessories to both “do-it-yourself” customers and professional mechanics or service technicians....
3May2010 | Shawn | 0 comments | Continued(AZO) AutoZone Reports Improved Quarter
AutoZone (AZO) has posted earnings per share of $2.46 per share for the second quarter ended February 13, 2010, beating the Zacks Consensus Estimate of $2.35 per share. The earnings also improved from the year-ago level of $2.03 per share. Net sales in the quarter rose 4% to...
3Mar2010 | vitalstocks | 0 comments | Continued(PRTS) U.S. Auto Parts Network’s Quarterly Report Shows Profit
U.S. Auto Parts Network Inc. (PRTS) has shown a profit of $586,000 or 2 cents per share in the fourth quarter of 2009 in sharp contrast to a loss of $3.5 million or 12 cents per share in the year-ago quarter. With this, the company has marginally exceeded the Zacks Consensus...
28Feb2010 | vitalstocks | 0 comments | Continued(AZO) AutoZone Beats Earnings Estimates
AutoZone, Inc. (AZO) posted a 9.1% rise in profit for the first quarter of its fiscal 2010 ended Nov. 21, 2009, driven by expanded parts coverage as well as an improved commercial sales force and hub operating model. The Memphis, Tennessee-based specialty retailer and distributor...
9Dec2009 | vitalstocks | 0 comments | Continued(AZO) AutoZone Earnings Preview
AutoZone (AZO) is expected to release its sales and earnings results for the fiscal first quarter before the opening bell on Dec 8. The Memphis, Tennessee-based retailer of automotive replacement parts reported a 3.1% year-over-year fall in its profit to $236.1 million or $4.43...
25Nov2009 | vitalstocks | 0 comments | Continued(AAP) Advance Auto Parts Outdoes Estimates
Advance Auto Parts (AAP) posted a profit of 69 cents per share, before special items, in the third quarter of its fiscal ended Oct 10, 2009. This represents a 19% increase from 59 cents reported in the year-ago quarter. With this, the company also exceeded the Zacks Consensus...
14Nov2009 | vitalstocks | 0 comments | Continued(ORLY) O’Reilly Automotive’s Profit More than Doubles
O’Reilly Automotive (ORLY) showed a 111% rise in profits to $87 million in the third quarter of the year from $41 million in the same period of 2008. On an adjusted earnings per share basis, profits soared 58% to 63 cents per share, above the Zacks Consensus Estimate of 56...
1Nov2009 | vitalstocks | 0 comments | Continued(AAP) Advance Auto Parts Targets E-Commerce
Advance Auto Parts (AAP) has launched its own e-commerce website, AdvanceAutoParts.com, to sell its products online for the first time since its dissolution with Phoenix-based auto retailer CSK Auto during the first quarter of 2009. The website will allow customers to purchase...
14Oct2009 | vitalstocks | 0 comments | Continued(AAP) Advance Auto Profits Up – Free cash flow rose 18%
Advance Auto Parts (AAP) reported a 7% rise in second-quarter profit, fueled by addition of new stores and strong sales at existing outlets as more customers got their old cars fixed instead of buying new ones. Quarterly income was $80.3 million, or 83 cents per share, compared...
14Aug2009 | vitalstocks | 0 comments | Continued(ORLY) O’Reilly Automotive Inc. – Momentum – Zacks Rank Buy
O’Reilly Automotive Inc. (ORLY) reported strong second-quarter results on July 29 that were better than expected, sending its share price above a key level of short-term resistance. Second-Quarter Results Sales were up a whopping 78% from last year to $1.25 billion, largely...
3Aug2009 | vitalstocks | 0 comments | Continued(AZO) Autozone, Inc. – Momentum – Zacks Rank Buy
Autozone, Inc. (AZO) is one of a number of auto-parts retailers that has done well in the challenging economy. Estimates are up and the company’s share price has been trending higher since November of last year. Company Description Autozone, Inc. is a specialty retailer...
17Jun2009 | vitalstocks | 0 comments | Continued