Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  AutoZone, Inc.    AZO

Delayed Quote. Delayed  - 10/21 10:00:31 pm
746.98 USD   +0.10%
10/20 AUTOZONE : Selects BlueCat to Support Growth
10/19 ALLDATA Achieves Significant Customer Milestone in North America
10/11 AutoZone to Present at the Upcoming 40th Annual Automotive Afterm..
News SummaryMost relevantAll newsSector news 

AUTOZONE : Authorizes Additional Stock Repurchase

share with twitter share with LinkedIn share with facebook
share via e-mail
09/28/2011 | 11:35pm CEST

MEMPHIS, Tenn., Sep 28, 2011 (GlobeNewswire via COMTEX) --

AutoZone, Inc. (NYSE:AZO), today announced its Board of Directors authorized the repurchase of an additional $750 million of the Company's common stock in connection with its ongoing share repurchase program. Since the inception of the repurchase program in 1998, and including the above amount, AutoZone's Board of Directors has authorized $11.2 billion.

"AutoZone's continued strong financial performance allows us to repurchase our stock while maintaining our investment grade credit ratings," said Bill Giles, Executive Vice President, Chief Financial Officer, Information Technology and Store Development. "We remain committed to utilizing share repurchases within the bounds of a disciplined capital structure to enhance stockholder returns while maintaining adequate liquidity to execute our plans."

Additionally, Theodore W. Ullyot has decided not to stand for re-election to the Board of Directors at the upcoming Stockholders' Meeting in December due to other business and time commitments. "Mr. Ullyot has been a Board Member since 2006, and we appreciate his sage advice and guidance these last several years. As Ted's other commitments have grown more time consuming, we understand his reasons for leaving our Board; however, we are sorry to have him depart. We wish Ted all the best on his future endeavors," said Bill Rhodes, Chairman, President and CEO.

About AutoZone:

As of August 27, 2011, AutoZone sells auto and light truck parts, chemicals and accessories through 4,534 AutoZone stores in 48 U.S. states plus the District of Columbia and Puerto Rico and 279 stores in Mexico.

AutoZone is the leading retailer and a leading distributor of automotive replacement parts and accessories in the United States. Each 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. AutoZone also sells the ALLDATA brand diagnostic and repair software through www.alldata.com. Additionally, we sell automotive hard parts, maintenance items, accessories, non-automotive products and subscriptions to the ALLDATAdiy product through www.autozone.com, and our commercial customers can make purchases through www.autozonepro.com. AutoZone does not derive revenue from automotive repair or installation.

This news release was distributed by GlobeNewswire, www.globenewswire.

SOURCE: AutoZone, Inc.

Ray Pohlman
Brian Campbell
901 495-7005
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on AUTOZONE, INC.
10/20 AUTOZONE : Selects BlueCat to Support Growth
10/19 ALLDATA Achieves Significant Customer Milestone in North America
10/11 AutoZone to Present at the Upcoming 40th Annual Automotive Aftermarket Sympos..
10/04 ALLDATA Manage Online Now Features Integrated WHI/Nexpart Catalog
10/02 AUTOZONE : NanoProMT Brings Military Tested Super Lubricant to AutoZone
09/30 AUTOZONE : national sales meeting highlights convention center push toward futur..
09/27 AUTOZONE : 'Uplifting voting frenzy' makes Jordan High a finalist for auto award
09/26 INTERRA RESOURCES : Radio Burger Wars
09/23 AUTOZONE INC. : (AZO) Releases Quarterly Earnings Results, Beats Estimates By $0..
09/23 AUTOZONE : Last "Bulls Cap Bandit" Sentenced
More news
Sector news : Auto Vehicles, Parts & Service Retailers - NEC
09/22DJADVANCE AUTO PARTS : AutoZone Improves Top and Bottom Lines with More Stores
09/21DJCARMAX : Profit Falls
08/16DJAdvance Auto Parts' Earnings Fall Back
07/28DJU.S. HOT STOCKS : Hot Stocks to Watch
07/05DJUsed-Car Startup Beepi Expands Its Reach
More sector news : Auto Vehicles, Parts & Service Retailers - NEC
News from SeekingAlpha
09/29 AutoZone Is Too Cheap To Ignore
09/26 AUTOZONE : 40 And Still Counting
09/24 AUTOZONE : Time Horizon Determines The Investment Case
09/23 AutoZone Has Been An Excellent Investment
09/23 WALL STREET BREAKFAST : OPEC's New Push For Output Freeze Deal
Financials ($)
Sales 2017 11 155 M
EBIT 2017 2 191 M
Net income 2017 1 312 M
Debt 2017 4 859 M
Yield 2017 -
P/E ratio 2017 16,40
P/E ratio 2018 14,73
EV / Sales 2017 2,39x
EV / Sales 2018 2,30x
Capitalization 21 836 M
More Financials
Duration : Period :
AutoZone, Inc. Technical Analysis Chart | AZO | US0533321024 | 4-Traders
Full-screen chart
Technical analysis trends AUTOZONE, INC.
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 857 $
Spread / Average Target 15%
Consensus details
EPS Revisions
More Estimates Revisions
William C. Rhodes Chairman, President & Chief Executive Officer
William T. Giles CFO & Executive VP-Information Technology
Ronald B. Griffin Chief Information Officer & Senior Vice President
William Andrew McKenna Independent Outside Director
Earl G. Graves Lead Independent Outside Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
AUTOZONE, INC.0.68%21 836
AUTONATION, INC.-21.52%4 780
INCHCAPE PLC-16.75%3 377
More Results