autozone posts
FeedPosted Oct 3rd 2009 10:00AM by Jim Woods (RSS feed)
Filed under: AutoZone Inc (AZO), Stocks to Buy
AutoZone (NYSE: AZO) is a specialty retailer and distributor of automotive replacement parts and accessories. Its stores offer the do-it-yourself car tech tremendous value on parts and accessories. The company stocks all kinds of parts and has a great sales staff. In my experience, their parts personnel have always been very knowledgeable and extremely helpful.
On Sept. 23, the company reported a 3% decline in its fiscal fourth-quarter profit. This decline in earnings could have been the result of the government's "cash for clunkers" plan, which saw many older vehicle owners turn in their cars for a credit toward the purchase of a new vehicle.
Continue reading Real bargain stock #1: AutoZone (AZO)
Posted Sep 26th 2009 1:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Automatic Data Proc (ADP), AutoZone Inc (AZO), Bed Bath and Beyond (BBBY), Carnival Corp (CCL), ConAgra Foods (CAG), Costco Wholesale (COST), Research in Motion (RIMM), General Mills (GIS), Lowe's Cos (LOW), Lennar Corp'A' (LEN), Red Hat Inc (RHT), Activision Inc (ATVI), United Technologies (UTX), Rite Aid Corp (RAD), Potash Corp. of Saskatchewan (POT)
Continue reading Earnings highlights: AutoZone, Carnival, CarMax, ConAgra, General Mills, RIM ...
Posted Sep 20th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, AutoZone Inc (AZO), ConAgra Foods (CAG), Research in Motion (RIMM), KB HOME (KBH), Economic data
Much of the focus this week will no doubt be on the FOMC meeting on interest rates and the subsequent decision, as well as on the G-20 meeting in Pittsburgh, were the agenda will include bonuses for bank executives among other things.
Things will be fairly quiet again on the earnings front as the next earnings season has yet to ramp up. However, analysts surveyed by Thomson Reuters do have high hopes for a handful of companies that will release results this week.
Continue reading The week in preview: Eye on AutoZone, ConAgra, KB Home, Research In Motion ...
Posted Aug 9th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Forecasts, Wal-Mart (WMT), Penney (J.C.) (JCP), Blockbuster Inc 'A' (BBI), Kohl's Corp (KSS), Economic data
Last week offered mixed messages about whether an economic recovery is indeed underway. The unemployment figures were not as bad as feared, but July sales numbers were nothing to write home about, despite the wild popularity of the so-called cash-for-clunkers program.
The question is, where has consumer confidence (and consumer spending) been? Retail is a good place to look, and as it turns out, this week several shopping mall and strip mall favorites will be reporting earnings for the most recent quarter.
Continue reading The week in preview: Eye on retail -- Walmart, Macy's, Blockbuster ...
Posted May 30th 2009 12:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Dell (DELL), AutoZone Inc (AZO), Tiffany and Co (TIF), Costco Wholesale (COST), Staples Inc (SPLS), Marvell Technology Group (MRVL), American Eagle Outfitters (AEO)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: AutoZone, Costco, Dell, Heinz, Staples, Tiffany, Tivo and more
Posted May 24th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Forecasts, Industry, AutoZone Inc (AZO)
After the Memorial Day holiday in the United States, the earnings spotlight turns to Canadian banks: Bank of Montreal (NYSE: BMO), Canadian Imperial Bank of Commerce (NYSE: CM), Royal Bank of Canada (NYSE: RY), and Toronto-Dominion Bank (NYSE: TD) are all scheduled to report their second-quarter results.
While banks north of the border of generally have held up better than their U.S. counterparts, analysts surveyed by Thomson Reuters expect the four listed above to report that earnings declined between 20% and 30% since the same period of last year. All four have P/E ratios around 10, and they are paying dividends. Shares of all four have surged 50% to 83% in the past three months, but are still 26% to 38% lower than a year ago.
Continue reading The week in preview: Canadian and U.S. banks, and more
Posted Mar 7th 2009 3:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Hewlett-Packard (HPQ), AutoZone Inc (AZO), Amer Intl Group (AIG), Urban Outfitters (URBN), MBIA Inc (MBI)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: AIG, HP, AutoZone, Big Lots, MBIA, TiVo and more
Posted Mar 5th 2009 9:15AM by Steven Halpern (RSS feed)
Filed under: Newsletters, AutoZone Inc (AZO), Stocks to Buy, Recession
Leo Fasciocco is a technician focused on "breakout" stocks; in his Ticker Tape Digest, two recent such breakout ideas were both from the out-of-favor auto parts sector: O'Reilly Automotive (NASDAQ: ORLY) and Autozone (NYSE: AZO).
Noting the recent strength in these auto parts stocks -- both have recently rose to new 52-week highs despite the market's sharp declines -- the advisor explains, "Auto parts stocks may see strong product demand as more people keep their car and not buy a new one."
"O'Reilly Automotive is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment, and accessories in the U.S, with annual revenues of $3.1 billion.
Continue reading Auto parts buck downtrend: Autozone (AZO) & O'Reilly (ORLY)
Posted Mar 3rd 2009 4:40PM by Paul Foster (RSS feed)
Filed under: Caterpillar (CAT), AutoZone Inc (AZO), Options
AutoZone, Inc. (NSYE: AZO) was recently up $16.46 to $156.55 after reporting better than street expectations of its second quarter earnings. Stifel Nicolaus has a Hold rating on AZO. AZO call option volume of 10,973 contracts compared to put volume of 6,621 contracts. March option implied volatility of 52 was near its 26-week average according to Track Data, suggesting non-directional price movement.
Caterpillar, Inc. (NYSE: CAT) was recently down 18 cents to $22.04. CAT call option volume of 15,241 contracts compared to put volume of 20,112 contracts. CAT March option implied volatility was at 75, April at 72 and July at 64; above its 26-week average of 55, according to Track Data, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
Posted Mar 3rd 2009 3:40PM by Steven Mallas (RSS feed)
Filed under: Earnings reports, AutoZone Inc (AZO)

Well, is there any stock working out there? Here's one that isn't doing too badly. In fact, it's closer to a 52-week high than a 52-week low (and that's saying something). I'm talking about
AutoZone (NYSE:
AZO). It's actually up at the time of this writing by almost 8% on
second-quarter earnings.
Sales increased 8%, and the bottom line expanded over 20% to $2.03 per share. What was the call? According to this source, $1.84 per share was the expected number. Great job, AutoZone. Now, the thesis here isn't too difficult to divine. No one wants to buy a new car from General Motors (NYSE: GM) or Ford (NYSE: F). Not only is a recession happening, but some consumers are probably scared to make a major purchase from companies that are doing so poorly. Ergo, car maintenance is all the rage. AutoZone repurchased stock during the quarter and kept its gross margin relatively stable. Domestic comps revved higher by 6%. Those are positive points.
Continue reading AutoZone has great Q2, but be careful about buying the stock
Posted Mar 1st 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Forecasts, Economic data
While the release of economic data doesn't stop next week (see economic schedule highlights below), the earnings season does wind down dramatically. Most of the S&P 500 companies already have reported on the past quarter, which means dismal earnings news is largely behind us, at least for a while. About the only companies of note expected by analysts surveyed by Thomson Reuters to report falling earnings this week are Costco Wholesale Corp. (NASDAQ: COST), Wendy's/Arby's Group Inc. (NYSE: WEN), Foot Locker Inc. (NYSE: FL), Bank of Montreal (NYSE: BMO), and Steinway Musical Instruments Inc. (NYSE: LVB).
While PetSmart Inc. (NASDAQ: PETM) and Big Lots Inc. (NYSE: BIG) quarterly profits are expected to be about the same as a year ago, Liz Claiborne Inc. (NYSE: LIZ), Kenneth Cole Productions Inc. (NYSE: KCP), Ciena Corp. (NASDAQ: CIEN), and Trina Solar Ltd. (NYSE: TSL) are expected to have swung to losses in the most recent quarter.
Continue reading The week in preview: Earnings season winds down
Posted Dec 7th 2008 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Forecasts, AutoZone Inc (AZO), H and R Block (HRB), Ciena Corp (CIEN), Kroger Co (KR), Costco Wholesale (COST)
Even as the holiday season ramps up and the calendar quarter begins to wind down, earnings reports continue to dribble in. Among the companies scheduled to release quarterly results this coming week, analysts surveyed by Thomson Reuters are expecting BWAY Holding Co. (NYSE: BWY), Powell Industries Inc. (NASDAQ: POWL), and Esterline Technologies Corp. (NYSE: ESL) to be among the biggest earnings gainers.
Atlanta-based packaging and container producer BWAY is expected to report fiscal fourth-quarter profits that are 65.6% higher than in the same period of last year, or $0.32 per share on revenues of $265.2 million (+4.9%). BWAY topped estimates in the previous two quarters -- by 44.9% in the third quarter. Those results sent shares to a new 52-week high. But shares have fallen 62.7% in the past three months, and they are now trading near a multiyear low of $4.11 per share.
Houston-based energy equipment maker Powell is expected to report fiscal fourth-quarter profits that are 62.7% higher than a year ago, or $0.59 per share. Revenues are forecast to be 14.2% higher, or $171.8 million. Powell beat expectations in the past three quarters -- by 20.2% in the third quarter. The share price has fallen 47.7% in the past three months, and the consensus recommendation is to buy POWL.
Continue reading The week in preview: Early December earnings expectations
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