AutoZone (AZO, Financial) experienced a sharp stock decline of 2.69%, bringing the price to $3087.55 per share with a trading volume of 66,201 shares and a turnover rate of 0.39%. The stock exhibited a volatility of 3.12%.
Recent financial reports reveal that AutoZone achieved revenues of $18.49 billion, with a net profit of $2.662 billion. The earnings per share stood at $153.82, gross profit at $9.817 billion, and a price-to-earnings ratio of 20.73.
In terms of institutional ratings, out of 26 institutions, 81% recommended buying the stock while 19% advised holding it. None recommended selling.
The overall retail sector saw an average decline of 1.48%. Within this sector, notable gainers included Nengln Intelligent Electric, Zooz Power Ltd., and Petco Health And Wellness Company, Inc. Active stocks in this sector included Boqii Pet, Nuvve Holding Corp., and Nengln Intelligent Electric with turnover rates of 33.37%, 13.93%, and 3.38%, respectively. Zooz Power Ltd., Zooz Power Ltd C/Wts 02/04/2029 (To Pur Com), and Boqii Pet showed significant volatility with amplitudes of 41.13%, 30.34%, and 13.80%, respectively.
AutoZone Inc. is a leading retailer of automotive aftermarket parts in the United States, operating over 6,300 stores domestically. The company serves both DIY customers and commercial clients, providing a wide range of products for various car brands and models through an extensive store network and distribution system. It also has over 750 stores in Mexico and more than 100 stores in Brazil.
