AutoZone is the leading retailer and a leading distributor of automotive replacement parts and accessories in the Americas. Each AutoZone store carries an extensive product line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Many stores also have a commercial sales program that provides commercial credit and prompt delivery of parts and other products to local, regional and national repair garages, dealers, service stations and public sector accounts.

Company profile
Ticker
AZO
Exchange
Website
CEO
William Rhodes
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
ALLDATA LLC • AutoZone.com, Inc. • AutoZone de México, S. de R.L. de C.V. • AutoZone Development LLC • AutoZone IP LLC • AutoZone Northeast LLC • AutoZone Parts, Inc. • AutoZone Puerto Rico, Inc. • AutoZone Stores LLC • AutoZone Texas LLC ...
IRS number
621482048
AZO stock data
News

Benzinga's Top Ratings Upgrades, Downgrades For June 27, 2022
27 Jun 22
Goldman Sachs Upgrades AutoZone to Buy, Raises Price Target to $2296
27 Jun 22
How Is The Market Feeling About AutoZone?
24 Jun 22
Benzinga's Top Ratings Upgrades, Downgrades For June 23, 2022
23 Jun 22
MKM Partners Initiates Coverage On AutoZone with Buy Rating, Announces Price Target of $2350
23 Jun 22
Press releases
AutoZone Recognizes Contributions of Top Vendor Partners
8 Jun 22
AutoZone 3rd Quarter Same Store Sales Increase 2.6%; EPS Increases to $29.03
24 May 22
WEX Customers Can Now Save on AutoZone Parts
19 May 22
AutoZone to Release Third Quarter Earnings May 24, 2022
5 May 22
Thinking about trading options or stock in Crowdstrike, Mosaic, Constellation Brands, Target, or AutoZone?
8 Apr 22
Analyst ratings and price targets
Current price
Average target
$2,261.88
Low target
$1,920.00
High target
$2,420.00
Goldman Sachs
Upgraded
$2,296.00
MKM Partners
Initiated
$2,350.00
Morgan Stanley
Upgraded
$2,420.00
Stephens & Co.
Maintains
$2,285.00
Truist Securities
Maintains
$2,174.00
DA Davidson
Maintains
$1,920.00
Citigroup
Maintains
$2,250.00
Raymond James
Maintains
$2,400.00
Calendar
10 Jun 22
2 Jul 22
27 Aug 22
Financial summary
Quarter (USD) | May 22 | Feb 22 | Nov 21 | Aug 21 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Aug 21 | Aug 20 | Aug 19 | Aug 18 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 263.04M | 263.04M | 263.04M | 263.04M | 263.04M | 263.04M |
Cash burn (monthly) | (no burn) | 58.17M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 108.49M | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 154.55M | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 2.7 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
24 Jun 22 | Daniele Philip B. | Common Stock | Option exercise | Acquire M | No | No | 587.13 | 200 | 117.43K | 519.059 |
24 Jun 22 | Daniele Philip B. | NQSO Common Stock | Option exercise | Dispose M | No | No | 587.13 | 200 | 117.43K | 5,710 |
6 Jun 22 | Albert Saltiel | Common Stock | Option exercise | Acquire M | No | No | 744.85 | 200 | 148.97K | 523.264 |
6 Jun 22 | Albert Saltiel | NQSO Common Stock | Option exercise | Dispose M | No | No | 744.85 | 200 | 148.97K | 5,990 |
1 Jun 22 | Wright Kristen C. | Common Stock | Option exercise | Acquire M | No | No | 587.13 | 163 | 95.7K | 188.946 |
1 Jun 22 | Wright Kristen C. | NQSO Common Stock | Option exercise | Dispose M | No | No | 587.13 | 163 | 95.7K | 6,712 |
26 May 22 | Brian Hannasch | Common Stock | Buy | Acquire P | No | No | 1901.95 | 133 | 252.96K | 512.08 |
20 Apr 22 | Frazer Preston | Common Stock | Sell | Dispose S | No | No | 2220 | 1,500 | 3.33M | 783.269 |
20 Apr 22 | Frazer Preston | Common Stock | Option exercise | Acquire M | No | No | 425.11 | 1,500 | 637.67K | 2,283.269 |
20 Apr 22 | Frazer Preston | NQSO Common Stock | Option exercise | Dispose M | No | No | 425.11 | 1,500 | 637.67K | 0 |
Institutional ownership, Q1 2022
93.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 881 |
Opened positions | 98 |
Closed positions | 101 |
Increased positions | 276 |
Reduced positions | 348 |
13F shares | Current |
---|---|
Total value | 37.03B |
Total shares | 18.18M |
Total puts | 406.31K |
Total calls | 359.96K |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 1.95M | $3.98B |
BLK Blackrock | 1.5M | $3.07B |
JPM JPMorgan Chase & Co. | 1.19M | $2.43B |
FMR | 1.02M | $2.09B |
STT State Street | 865.6K | $1.77B |
Boston Partners | 737.6K | $1.51B |
FSZ Fiera Capital | 680.29K | $1.39B |
Geode Capital Management | 456.48K | $931.84M |
RY Royal Bank Of Canada | 411.45K | $841.24M |
Alliancebernstein | 332.83K | $680.49M |
Financial report summary
?Competition
MAM Software • O`Reilly Automotive • Advance Auto Parts • CarParts.com • Maison Luxe • PARTS iDManagement Discussion
- For the fiscal year ended August 28, 2021, we reported net sales of $14.630 billion compared with $12.632 billion for the year ended August 29, 2020, a 15.8% increase from fiscal 2020. This growth was driven primarily by a domestic same store sales increase of 13.6% and net sales of $215.8 million from new stores. Domestic commercial sales increased $617.7 million, or 22.6%, over domestic commercial sales for fiscal 2020.
- At August 28, 2021, we operated 6,051 domestic stores, 664 in Mexico and 52 in Brazil, compared with 5,885 domestic stores, 621 in Mexico and 43 in Brazil at August 29, 2020. We reported a total auto parts segment (domestic, Mexico and Brazil) sales increase of 15.9% for fiscal 2021.
- Gross profit for fiscal 2021 was $7.718 billion, or 52.8% of net sales, an 85 basis point decrease compared with $6.771 billion, or 53.6% of net sales for fiscal 2020. The decrease in gross margin was primarily driven by the initiatives to accelerate growth in our commercial business.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
New words:
deleverage, drove
Removed:
experiencing, opened, topline
Financial reports
Current reports
8-K
AutoZone 3rd Quarter Same Store Sales Increase 2.6%; EPS Increases to $29.03
24 May 22
8-K
Other Events
22 Mar 22
8-K
AutoZone 2nd Quarter Same Store Sales Increase 13.8%; EPS Increases to $22.30
1 Mar 22
8-K
AutoZone Appoints New Board Members
18 Feb 22
8-K
Submission of Matters to a Vote of Security Holders
15 Dec 21
8-K
AutoZone 1st Quarter Same Store Sales Increase 13.6%; EPS Increases to $25.69
7 Dec 21
8-K
AutoZone Announces Change to Executive Committee
3 Dec 21
8-K
Entry into a Material Definitive Agreement
16 Nov 21
8-K
Departure of Directors or Certain Officers
18 Oct 21
8-K
Other Events
5 Oct 21
Registration and prospectus
S-8
Registration of securities for employees
18 Dec 20
424B2
Prospectus for primary offering
6 Aug 20
FWP
Free writing prospectus
4 Aug 20
424B5
Prospectus supplement for primary offering
4 Aug 20
424B2
Prospectus for primary offering
27 Mar 20
FWP
Free writing prospectus
26 Mar 20
424B5
Prospectus supplement for primary offering
26 Mar 20
424B2
Prospectus for primary offering
5 Apr 19
FWP
Free writing prospectus
4 Apr 19
424B5
Prospectus supplement for primary offering
4 Apr 19
Other
UPLOAD
Letter from SEC
17 May 21
CORRESP
Correspondence with SEC
13 May 21
UPLOAD
Letter from SEC
6 May 21
CORRESP
Correspondence with SEC
28 Mar 21
UPLOAD
Letter from SEC
15 Mar 21
UPLOAD
Letter from SEC
12 Mar 20
CORRESP
Correspondence with SEC
2 Mar 20
UPLOAD
Letter from SEC
18 Feb 20
UPLOAD
Letter from SEC
14 May 17
CORRESP
Correspondence with SEC
4 May 17
Ownership
4
AUTOZONE / Philip B. Daniele ownership change
27 Jun 22
4
AUTOZONE / Albert Saltiel ownership change
8 Jun 22
4
AUTOZONE / Kristen C. Wright ownership change
2 Jun 22
4
AUTOZONE / Brian Hannasch ownership change
27 May 22
4
AUTOZONE / Preston Frazer ownership change
22 Apr 22
4
AUTOZONE / Philip B. Daniele ownership change
8 Apr 22
4
AUTOZONE / Albert Saltiel ownership change
8 Apr 22
4
AUTOZONE / JAMERE JACKSON ownership change
4 Apr 22
4
AUTOZONE / WILLIAM C RHODES III ownership change
4 Apr 22
4
AUTOZONE / Preston Frazer ownership change
4 Apr 22
Patents
Utility
Vehicle diagnostic systems and methods
30 Nov 21
A system for diagnosing and repairing vehicles is provided.
Utility
Systems and Methods for Generating and Displaying Real-time Delivery Estimates
25 Nov 21
The present disclosure provides computer systems, apparatuses, methods, and computer readable media for generating and displaying real-time delivery estimates.
Utility
Systems and Apparatuses Facilitating a Do-it-yourself Experience-based Repair Solution
4 Nov 21
Embodiments are disclosed for facilitating Do-It-Yourself (DIY) repairs.
Utility
Systems and apparatuses facilitating a do-it-yourself experience-based repair solution
17 Aug 21
Embodiments are disclosed for facilitating Do-It-Yourself (DIY) repairs.
Utility
Vehicle Diagnostic Systems and Methods
11 Feb 21
A system for diagnosing and repairing vehicles is provided.
Transcripts
2022 Q3
Earnings call transcript
24 May 22
2022 Q2
Earnings call transcript
1 Mar 22
2022 Q1
Earnings call transcript
7 Dec 21
2021 Q4
Earnings call transcript
21 Sep 21
2021 Q3
Earnings call transcript
25 May 21
2021 Q2
Earnings call transcript
2 Mar 21
2021 Q1
Earnings call transcript
8 Dec 20
2020 Q4
Earnings call transcript
22 Sep 20
2020 Q3
Earnings call transcript
26 May 20
2020 Q2
Earnings call transcript
3 Mar 20
Reddit threads
(6/27) Monday's Pre-Market Stock Movers & News
27 Jun 22
229 S&P500 companies ($21.6t in market cap, 61.8%) report earnings in the next ~30 days
25 Jun 22
What companies are STILL way too overvalued?
19 Jun 22
What are some "boring" US stocks that consistently deliver strong results and have a strong balance sheet?
19 Jun 22
Pre-market summary - June 16th
16 Jun 22
Now that stocks are having a summer sale, what are you buying?
14 Jun 22
What are some business sectors that may remain unaffected by the coming recession?
12 Jun 22
Recession Stocks to Buy
10 Jun 22
r/Stocks Daily Discussion Monday - Jun 06, 2022
6 Jun 22
Beaten down stocks
30 May 22