Content about AutoZone

July 24, 2014

O’Reilly Automotive, the nation’s second largest auto parts retailer, said it is on track to open 200 new stores this year after posting its 22nd consecutive quarter of profit growth in excess of 15%.

O’Reilly Automotive, the nation’s second largest auto parts retailer, said it is on track to open 200 new stores this year after posting its 22nd consecutive quarter of profit growth in excess of 15%.

July 24, 2014

O’Reilly Automotive, the nation’s second largest auto parts retailer, said it is on track to open 200 new stores this year after posting its 22nd consecutive quarter of profit growth in excess of 15%.

O’Reilly Automotive, the nation’s second largest auto parts retailer, said it is on track to open 200 new stores this year after posting its 22nd consecutive quarter of profit growth in excess of 15%.

June 19, 2014

AutoZone shares have traded above $500 for most of the year but the company remains an aggressive purchaser of its own stock and recently authorized the expenditure of $750 million to buy even more shares.

AutoZone shares have traded above $500 for most of the year but the company remains an aggressive purchaser of its own stock and recently authorized the expenditure of $750 million to buy even more shares.

The recent authorization brings the total amount the company has spent buying back stock to $14.9 billion since the program began in 1998. AutoZone does not pay a dividend.

June 19, 2014

AutoZone shares have traded above $500 for most of the year but the company remains an aggressive purchaser of its own stock and recently authorized the expenditure of $750 million to buy even more shares.

AutoZone shares have traded above $500 for most of the year but the company remains an aggressive purchaser of its own stock and recently authorized the expenditure of $750 million to buy even more shares.

The recent authorization brings the total amount the company has spent buying back stock to $14.9 billion since the program began in 1998. AutoZone does not pay a dividend.

May 27, 2014

AutoZone marked its 31st consecutive quarter of double digit earnings per share growth for the period ended May 10.

AutoZone marked its 31st consecutive quarter of double digit earnings per share growth for the period ended May 10.

The company reported net sales of $2.3 billion for the quarter, an increase of 6.2% from the third quarter last year. Domestic same-store sales, or sales for stores open at least one year, increased 4% for the quarter.

Net income for the quarter increased $19.6 million, or 7.4%, over the same period last year to $285.2 million, while diluted earnings per share increased 16.4% to $8.46 per share from $7.27 per share in the year-ago quarter.

May 27, 2014

AutoZone marked its 31st consecutive quarter of double digit earnings per share growth for the period ended May 10.

AutoZone marked its 31st consecutive quarter of double digit earnings per share growth for the period ended May 10.

The company reported net sales of $2.3 billion for the quarter, an increase of 6.2% from the third quarter last year. Domestic same-store sales, or sales for stores open at least one year, increased 4% for the quarter.

Net income for the quarter increased $19.6 million, or 7.4%, over the same period last year to $285.2 million, while diluted earnings per share increased 16.4% to $8.46 per share from $7.27 per share in the year-ago quarter.

April 15, 2014

Pep Boys is looking to accelerate a range of digital and physical offerings as part of a strategy called, “Road Ahead,” after the omnichannel efforts resulted in 152% growth.

Pep Boys is looking to accelerate a range of digital and physical offerings as part of a strategy called, “Road Ahead,” after the omnichannel efforts resulted in 152% growth.

Pep Boys operates 800 locations in 35 states with 7,500 service bays which differentiates the company from parts-only players such as AutoZone and Advance Auto Parts who perform basic services in their parking lots such as changing batteries or wiper blades.

April 15, 2014

Pep Boys is looking to accelerate a range of digital and physical offerings as part of a strategy called, “Road Ahead,” after the omnichannel efforts resulted in 152% growth.

Pep Boys is looking to accelerate a range of digital and physical offerings as part of a strategy called, “Road Ahead,” after the omnichannel efforts resulted in 152% growth.

Pep Boys operates 800 locations in 35 states with 7,500 service bays which differentiates the company from parts-only players such as AutoZone and Advance Auto Parts who perform basic services in their parking lots such as changing batteries or wiper blades.

September 25, 2013

Domestic same-store sales at AutoZone for the fourth quarter ended Aug. 31 increased 1% — below expectations. The company did have reason to ride high, however, because it also posted its 28th consecutive quarter of double digit growth in earnings per share.

Domestic same-store sales at AutoZone for the fourth quarter ended Aug. 31 increased 1% — below expectations. The company did have reason to ride high, however, because it also posted its 28th consecutive quarter of double digit growth in earnings per share. 

Diluted earnings per share increased 23.2% to $10.42 per share from $8.46 per share in the year-ago quarter. Moreover, net sales were $3.1 billion for the quarter, a 12% jump from the same quarter last year. 

September 25, 2013

Domestic same-store sales at AutoZone for the fourth quarter ended Aug. 31 increased 1% — below expectations. The company did have reason to ride high, however, because it also posted its 28th consecutive quarter of double digit growth in earnings per share.

Domestic same-store sales at AutoZone for the fourth quarter ended Aug. 31 increased 1% — below expectations. The company did have reason to ride high, however, because it also posted its 28th consecutive quarter of double digit growth in earnings per share. 

Diluted earnings per share increased 23.2% to $10.42 per share from $8.46 per share in the year-ago quarter. Moreover, net sales were $3.1 billion for the quarter, a 12% jump from the same quarter last year. 

September 3, 2013

Brinker International chairman Doug Brooks and First Horizon National Corp. CEO Bryan Jordan were elected to the AutoZone board of directors.

Brinker International chairman Doug Brooks and First Horizon National Corp. CEO Bryan Jordan were elected to the AutoZone board of directors.

The addition of Brooks and Jordan give AutoZone a total of 11 board members. The company is due to report fourth quarter financial results on September 25.

September 3, 2013

Brinker International chairman Doug Brooks and First Horizon National Corp. CEO Bryan Jordan were elected to the AutoZone board of directors.

Brinker International chairman Doug Brooks and First Horizon National Corp. CEO Bryan Jordan were elected to the AutoZone board of directors.

The addition of Brooks and Jordan give AutoZone a total of 11 board members. The company is due to report fourth quarter financial results on September 25.

July 15, 2013

AutoZone, a leading retailer and distributor of automotive parts and accessories, is expanding its partnership with KSS Retail, a Dunnhumby company, so the company can improve its price and promotion strategies.

CINCINNATI, Ohio — AutoZone, a leading retailer and distributor of automotive parts and accessories, is expanding its partnership with KSS Retail, a Dunnhumby company, so the company can improve its price and promotion strategies.

July 15, 2013

AutoZone, a leading retailer and distributor of automotive parts and accessories, is expanding its partnership with KSS Retail, a Dunnhumby company, so the company can improve its price and promotion strategies.

CINCINNATI, Ohio — AutoZone, a leading retailer and distributor of automotive parts and accessories, is expanding its partnership with KSS Retail, a Dunnhumby company, so the company can improve its price and promotion strategies.

May 21, 2013

AutoZone reported net sales of $2.2 billion for the 12-week third quarter period ended May 4, an increase of 4.5% from $2.1 billion for the same period last year. Domestic same-store sales decreased 0.1% for the quarter.

MEMPHIS, Tenn. — AutoZone reported net sales of $2.2 billion for the 12-week third quarter period ended May 4, an increase of 4.5% from $2.1 billion for the same period last year. Domestic same-store sales decreased 0.1% for the quarter.

May 21, 2013

AutoZone reported net sales of $2.2 billion for the 12-week third quarter period ended May 4, an increase of 4.5% from $2.1 billion for the same period last year. Domestic same-store sales decreased 0.1% for the quarter.

MEMPHIS, Tenn. — AutoZone reported net sales of $2.2 billion for the 12-week third quarter period ended May 4, an increase of 4.5% from $2.1 billion for the same period last year. Domestic same-store sales decreased 0.1% for the quarter.

April 24, 2013

Several key senior leadership changes took effect this week at the nation’s second largest automotive retailer as it looks to narrow the gap with AutoZone.

Several key senior leadership changes took effect this week at the nation’s second largest automotive retailer as it looks to narrow the gap with AutoZone.

April 24, 2013

Several key senior leadership changes took effect this week at the nation’s second largest automotive retailer as it looks to narrow the gap with AutoZone.

Several key senior leadership changes took effect this week at the nation’s second largest automotive retailer as it looks to narrow the gap with AutoZone.

April 24, 2013

AutoZone recognized Spectra Premium Industries as its Vendor of the Year during the company's annual AutoZone Vendor Summit held in Tunica, Miss.

MEMPHIS, Tenn. — AutoZone recognized Spectra Premium Industries as its Vendor of the Year during the company's annual AutoZone Vendor Summit held in Tunica, Miss.
"Spectra has been a strong AutoZone supplier for more than five years. During that time they have collaborated with us to grow sales and improve productivity in the categories they supply us," said Bill Rhodes, chairman, president and CEO of AutoZone.

April 24, 2013

AutoZone recognized Spectra Premium Industries as its Vendor of the Year during the company's annual AutoZone Vendor Summit held in Tunica, Miss.

MEMPHIS, Tenn. — AutoZone recognized Spectra Premium Industries as its Vendor of the Year during the company's annual AutoZone Vendor Summit held in Tunica, Miss.
"Spectra has been a strong AutoZone supplier for more than five years. During that time they have collaborated with us to grow sales and improve productivity in the categories they supply us," said Bill Rhodes, chairman, president and CEO of AutoZone.

April 1, 2013

Albert Saltiel has joined AutoZone, the nation’s largest automotive retailer, as SVP of marketing and customer satisfaction.

Albert Saltiel has joined AutoZone, the nation’s largest automotive retailer, as SVP of marketing and customer satisfaction.

Saltiel will report directly to AutoZone chairman, president and CEO Bill Rhodes.

"Al has spent many years working in both business to business and business to consumer environments," said Rhodes. "His experiences at Navistar, Sony and Ford are well suited for this position and we are excited to welcome Al to AutoZone."

April 1, 2013

Albert Saltiel has joined AutoZone, the nation’s largest automotive retailer, as SVP of marketing and customer satisfaction.

Albert Saltiel has joined AutoZone, the nation’s largest automotive retailer, as SVP of marketing and customer satisfaction.

Saltiel will report directly to AutoZone chairman, president and CEO Bill Rhodes.

"Al has spent many years working in both business to business and business to consumer environments," said Rhodes. "His experiences at Navistar, Sony and Ford are well suited for this position and we are excited to welcome Al to AutoZone."

February 26, 2013

A 1.8% decline in second quarter same store sales at AutoZone was attributed to a two week tax return processing delay by the Internal Revenue Service.

A 1.8% decline in second quarter same store sales at AutoZone was attributed to a two week tax return processing delay by the Internal Revenue Service.

The delay kept tax refunds out of the hand of AutoZone customers inclined to perform maintenance on their vehicles during the retailer’s second quarter ended February 9. Last week, Walmart also cited the tax processing delay as a source of sale weakness when it reported a 1% comp increase that was at the low end of its forecast range for a 1% to 3% increase.

February 26, 2013

A 1.8% decline in second quarter same store sales at AutoZone was attributed to a two week tax return processing delay by the Internal Revenue Service.

A 1.8% decline in second quarter same store sales at AutoZone was attributed to a two week tax return processing delay by the Internal Revenue Service.

The delay kept tax refunds out of the hand of AutoZone customers inclined to perform maintenance on their vehicles during the retailer’s second quarter ended February 9. Last week, Walmart also cited the tax processing delay as a source of sale weakness when it reported a 1% comp increase that was at the low end of its forecast range for a 1% to 3% increase.

February 7, 2013

AutoZone has elected Linda A. Goodspeed to its board of directors. Goodspeed is SVPand chief information officer (CIO) of The ServiceMaster Company, a position she has held since 2011.

AutoZone has elected Linda A. Goodspeed to its board of directors. Goodspeed is SVPand chief information officer (CIO) of The ServiceMaster Company, a position she has held since 2011.

"Linda's extensive background in information technology and the automotive industry will complement and enhance the collective skills of our Board," said Bill Rhodes, chairman, president and CEO. "We are fortunate to have her as a new board member."

Prior to joining The ServiceMaster Company, Goodspeed was VP information systems for Nissan North America.