AutoZone’s Store Growth Contrasts With a Six-Month Share Decline
StockStory cited store expansion and steady margins as strengths after AutoZone shares lost ground over six months.
Key takeaways
- AutoZone operated 8,031 locations in its latest quarter, according to StockStory.
- StockStory reported average operating margins of 18.7% over the past two years.
AutoZone shares were at $2,914.33, up 0.13% since the previous close as of 17:08 UTC Friday. StockStory said the shares had lost 18.2% over the six months before its Oct. 9 article.
The publisher pointed to 8,031 locations in the latest quarter and average annual store growth of 4.1% over the past two years. It also reported average same-store sales growth of 3.4% a year over that period.
StockStory said AutoZone’s operating margin averaged 18.7% over the past two years. The article cited a forward price-to-earnings ratio of 16.8 times and presented the company’s operating performance as a strength.
This article was produced with the help of AI technology. Source: Yahoo Finance
