Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

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

Delayed Quote. Delayed  - 07/29 10:00:26 pm
813.97 USD   -0.25%
07/25 Walgreens Grows
07/19 AUTOZONE : Burger King Tops McDonald’s
07/18 BRIEF : Armed robbery reported at AutoZone on Flat Rock Road
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

AUTOZONE : Authorizes Additional Stock Repurchase

share with twitter share with LinkedIn share with facebook
share via e-mail
0
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.

CONTACT: Media:
Ray Pohlman
866-966-3017
ray.pohlman@autozone.Financial:
Brian Campbell
901 495-7005
brian.campbell@autozone.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AUTOZONE, INC.
07/25 Walgreens Grows
07/19 AUTOZONE : Burger King Tops McDonald’s
07/18 BRIEF : Armed robbery reported at AutoZone on Flat Rock Road
07/11 Auto Parts Pervade Radio
07/11 AUTOZONE : Car wash to raise funds for Cardington softball player
07/08 AUTOZONE : ALLDATA Signs European Market Licensing Agreement with Hyundai Motor ..
07/08 ALLDATA Signs European Market Licensing Agreement with Hyundai Motor Europe G..
07/05DJKKR to Buy Software Maker Epicor From Apax Partners
07/05 AUTOZONE : 100,000 Spots Two Advertisers
07/05 KROGER : More than $1M in new developments coming to Derr Road in Springfield
More news
Sector news : Auto Vehicles, Parts & Service Retailers - NEC
07/29DJAutoNation Hits Record EPS, But Counsels Caution
07/29 Ford calls an end to U.S. auto boom, rivals bet other way
07/28DJU.S. HOT STOCKS : Hot Stocks to Watch
07/05DJUsed-Car Startup Beepi Expands Its Reach
06/21DJALLY FINANCIAL : CarMax Profit Falls Short as Expenses Rise
More sector news : Auto Vehicles, Parts & Service Retailers - NEC
News from SeekingAlpha
07/07 17 Silent Dividend Stocks For Long-Term Growth
07/04 The Obsolescence Case For O'Reilly Automotive
06/29 ADVANCE AUTO PARTS : Starboard Activists Hold The Keys
06/27 THE ANSWER TO BREXIT IS EASY : Buy American
06/16 MOTORCAR PARTS OF AMERICA : Time To Re-Kick The Tires
Advertisement
Financials ($)
Sales 2016 10 675 M
EBIT 2016 2 074 M
Net income 2016 1 244 M
Debt 2016 4 729 M
Yield 2016 -
P/E ratio 2016 19,93
P/E ratio 2017 17,82
EV / Sales 2016 2,67x
EV / Sales 2017 2,56x
Capitalization 23 794 M
More Financials
Chart AUTOZONE, INC.
Duration : Period :
AutoZone, Inc. Technical Analysis Chart | AZO | US0533321024 | 4-Traders
Full-screen chart
Technical analysis trends AUTOZONE, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 857 $
Spread / Average Target 5,2%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
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.9.71%23 794
CANADIAN TIRE CORPORAT..17.59%7 807
GT CAPITAL HOLDINGS IN..--.--%5 700
AUTONATION, INC.-10.58%5 501
HOTAI MOTOR CO LTD--.--%5 482
INCHCAPE PLC-14.14%3 802
More Results