All Posts Tagged With: "AZO"
(LOW) Earnings Season Quieting Down – Earnings Preview
Earnings Preview – Week of May 21st
It will be a relatively quiet week on the earnings front, as there are only a few reports left before we close the books on the first quarter earnings season. This...
(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...
(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...
(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...
(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...
(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...
(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...
(TEN) Tenneco Incorporated Analyst Remains Neutral
We reiterate our Neutral recommendation on Tenneco Inc. (TEN), which is a leading manufacturer and supplier of emission control, ride control systems, and systems for the automotive original equipment manufacturers...
(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)...
(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...
(AMR) Stock Market News for May 25, 2011 – Market News
On Tuesday, oil prices gained strength after banks upgraded their crude price forecast; sales of new homes recorded their second consecutive monthly gains, and corporate results came in better than expected. However, markets negated all these positives to drop further down...
(DSW) Company News for May 25, 2011 – Corporate Summary
• Shares of Yandex NV (NASDAQ:YNDX) gained more than 55% to close at $38.84 in its opening trading day at the American exchange. Yandex is a Russian internet search company and its IPO was the biggest in the Internet...
(XOM) Retail Sales Below Expectations in March
Retail Sales were slightly below expectations for March. Total retail sales rose 0.4%, and are up 7.1% from a year ago. The consensus of forecasters was looking for a rise of 0.5%. However, February was revised up from 1.0% growth to 1.1% growth, which more...
(KMX) U.S. Retail Sales Meet High Expectations
Retail Sales were in line with high expectations for February. Total retail sales rose 1.0%, and are up 8.9% from a year ago. January was revised up from 0.3% growth to 0.7% growth. That was a major positive surprise.
The Retail Sales report covers far more than just...
(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...
(KMX) U.S. January Retail Sales Disappoint Analysts
Retail Sales were weaker than expected in January. Total retail sales rose 0.3%, below the 0.5% consensus expectation, and are up 7.8% from a year ago. December was revised down from 0.6% growth to 0.5% growth.
The Retail Sales report covers far more...
(AMZN) U.S. Retail Sales Report Better Than Expected in November 2010
Retail Sales were better than expected in November, and the numbers for October were revised sharply higher. Total retail sales rose 0.8%, much better than the 0.5% consensus expectation, and are up 7.7% from a year ago. October was revised up from 1.2% growth...
(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...
(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,...
(SMP) Standard Motor Products – Earnings Beat Estimates by 48%
Standard Motor Products Inc. (SMP) is in a good position to benefit from the aging car population as Americans hold on to their vehicles longer. The company, which manufactures and distributes automotive replacement parts, recently reported...
(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...
(CMS) 21 S&P 500 Companies Are Up More Than 40% Year To Date
If it seems like every stock you own or watch is breaking out to new highs, you’re almost right. As the September rally has continued into October, it has pushed 37.4% of the stocks on the S&P 500 to either new 52-week highs or within a fraction of that high.
While...
(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...
(ARST) Company News for September 13, 2010 – Corporate Summary
• Deutsche Bank (NYSE:DB) announced plans to raise at least $12.5 billion in fresh capital to meet stricter capital requirements and increase its stake in Postbank from 30% currently
• Hewlett-Packard (NYSE:HPQ) confirmed its intentions to acquire ArcSight (NASDAQ:ARST)...
(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...
(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 $3.13...
(CPB) Uncertain Environment? Diversify and Seek Value – May 20, 2010
I spent most of this week at the 2010 CFA Institute Annual Conference, attending several great presentations and panels. Many of the topics centered around strategy, though the regulatory environment and Europe came up frequently during Q&A sessions.
In terms of...
($KMX) March Retail Sales Are Robust!
The U.S. consumer was quoting from “Monty Python and the Holy Grail,” loudly declaring that “I’m not dead yet” in March. Total retail sales rose by 1.6% in March, a sharp acceleration from the 0.5% increase in February. As the horrors of a...
(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...
(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...