United States

Autozone Inc (AZO)

AZO on New York Consolidated

22 Jul 2016
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Latest Key Developments (Source: Significant Developments)

Autozone posts Q3 earnings $10.77/shr
Tuesday, 24 May 2016 06:59am EDT 

Autozone Inc : Autozone 3rd quarter same store sales increase 2.0 pct; EPS increases 12.6ct to $10.77 . Q3 earnings per share $10.77 . Q3 sales $2.6 billion versus I/B/E/S view $2.65 billion . Q3 earnings per share view $10.92 -- Thomson Reuters I/B/E/S . Expect by end of fiscal year to be servicing about 2,000 of our over 5,000 domestic autozone stores . Plan to open about four additional mega hubs by end of fiscal year to finish with a total of 11 . Quarter was impacted by legal charge along with discrete tax benefit, which netted to a reduction to earnings per share of $0.11 per share . Qtrly sales below expectations as weather negatively impacted sales primarily in Midwestern, Middle Atlantic, and Northeastern states .Merchandise inventories at quarter end was $3.6 billion versus $3.47 billion at Q3 end last year.  Full Article

AutoZone authorizes additional stock repurchase
Wednesday, 7 Oct 2015 05:15pm EDT 

Autozone Inc :Authorizes additional stock repurchase.Board of directors authorized the repurchase of an additional $750 million of the company's common stock.  Full Article

AutoZone Inc authorizes additional stock repurchase
Tuesday, 24 Mar 2015 04:05pm EDT 

AutoZone Inc:Authorizes the repurchase of an additional $750 mln of the Company's common stock in connection with its ongoing share repurchase program.  Full Article

AutoZone Inc reaches definitive agreement to acquire Interamerican Motor Corporation
Tuesday, 2 Sep 2014 07:04am EDT 

AutoZone Inc:Enters into definitive agreement to purchase Interamerican Motor Corporation (IMC).Wells Fargo Securities served as the exclusive financial advisor to IMC in connection with the transaction.  Full Article

BRIEF-Autozone posts Q3 earnings $10.77/shr

* Autozone 3rd quarter same store sales increase 2.0 pct; EPS increases 12.6ct to $10.77