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The automotive parts retailer adds 84 new stores in the third quarter as it attempts to weather potential economic gloom.
Shares of Autozone Inc. AZO are up 1.4% in premarket trading after the auto-parts retailer beat Wall Street's revenue estimate for the first time in five quarters in its fiscal third-quarter results.
MEMPHIS, Tenn., May 27, 2025 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $4.5 billion for its third quarter (12 weeks) ended May 10, 2025, an increase of 5.4% from the third quarter of fiscal 2024 (12 weeks). Same store sales, or sales for our domestic and international stores open at least one year, are as follows:
AutoZone Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
AutoZone, Inc. AZO will release its third-quarter earnings results before the opening bell on Tuesday, May 27.
AZO is expected to have delivered third-quarter growth with strong DIY & commercial sales and store expansion efforts.
On May 19, JPMorgan Chase had an investor-day presentation and billionaire CEO Jamie Dimon had a lot to say about the economy, global trade, and investing. And much of it sounded negative.
BofA Securities analyst Robert F. Ohmes upgraded AutoZone, Inc. AZO from Neutral to Buy, raising the price forecast from $3900 to $4800.
In the closing of the recent trading day, AutoZone (AZO) stood at $3,880.15, denoting no change from the preceding trading day.
U.S. equities were down at midday, while the yield on the 10-year Treasury jumped, as the market reacted to Moody's downgrading the U.S. debt rating. The Dow Jones Industrial Average, S&P 500, and Nasdaq all slid.
On CNBC's “Mad Money Lightning Round,” Jim Cramer said no to O'Reilly Automotive, Inc. ORLY.