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United States

Autozone Inc (AZO)

AZO on New York Consolidated

722.45USD
24 Apr 2017
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Thu, Apr 6 2017

Fitch Rates AutoZone's $600MM Senior Unsecured Notes 'BBB'; Outlook Stable

(The following statement was released by the rating agency) NEW YORK, April 06 (Fitch) Fitch Ratings has assigned a rating of 'BBB' to AutoZone, Inc.'s $600 million of new senior unsecured notes. Proceeds from the new issue will be used for general corporate purposes, including paying down commercial paper borrowings. A full list of ratings follows at the end of this release. KEY RATING DRIVERS The rating reflects AutoZone's leading position in the retail auto parts and accessories aftermarket,

BRIEF-Autozone reports Q2 earnings per share $8.08

* Autozone 2nd quarter same store sales flat for q2; eps increases 8.8% to $8.08

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