(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...
View Article(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...
View Article(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...
View Article(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 in...
View Article(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...
View Article(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...
View Article(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...
View Article(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%...
View Article(AAP) Company News for August 12, 2011 – Corporate Summary
• Pan American Silver Corp (NASDAQ:PAAS) posted Q2 EPS of $0.71, lower than the Zacks Consensus Estimate of $0.74 per share. Revenues rose 57.4% year-over-year to $231.9 million, missing the Zacks...
View Article(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...
View Article(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...
View Article(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...
View Article(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...
View Article(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...
View Article(AAP) Advance Auto Parts’ Profit Dips
Advance Auto Parts Inc. (AAP) announced an 8.2% fall in earnings per share to $1.34 in the second quarter of 2012 compared to $1.46 in the corresponding quarter last year, missing the Zacks Consensus...
View Article(AZO) Fitch Maintains AutoZone Ratings
Fitch Ratings Services has reaffirmed its long-term IDR, senior unsecured debt and bank credit facility ratings on AutoZone Inc. (AZO) at ‘BBB’. The rating agency has also affirmed its short-term IDR...
View Article(PBY) Pep Boys to Buyback Shares
In a bid to enhance shareholders’ value, Pep Boys — Manny, Moe & Jack (PBY) recently announced a share repurchase program worth $50 million. Pep Boys plans to fund the program with its available...
View Article(PBY) Pep Boys See Broader Loss
Pep Boys — Manny, Moe & Jack (PBY) posted a broader loss of $14.5 million or 27 cents per share in the fourth quarter of fiscal 2012 ended Feb 2 compared with $4.4 million or 8 cents in the...
View Article(AAP) Advance Auto Parts Stays Neutral
On Apr 18, we maintained our Neutral recommendation on Advance Auto Parts Inc. (AAP) based on its continuous focus on enhancing supply chain by pursuing aggressive store expansion strategy and share...
View Article(AAP) Advance Auto Parts Hits 52-Week High
Shares of Advance Auto Parts Inc. (AAP) hit a new 52-week high of $86.92 on May 16, which is above its previous level of $86.23, and closed at $85.42 on the same date. The closing price represented a...
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