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Author	Topic: AutoZone profit up 6% as margins improve	Post a Reply Back to Topics

Mariuxus Champion Author Chicago Posts:3,765 Points:1,871,290 Joined:May 2007	Message Posted: Dec 4, 2012 9:43:25 AM Ignore Mariuxus Report Abuse NEW YORK (MarketWatch) -- AutoZone Inc. /quotes/zigman/218657/quotes/nls/azo AZO -0.64% said Tuesday its first-quarter profit increased 6.4% to $203.5 million, or $5.41 a share, from $191.1 million, or $4.68 a share, in the year-ago period. Sales increased to $1.99 billion from $1.92 billion. Gross profit widened to 51.8% from 51.1% on better merchandise margins, which were driven by lower acquisition costs. Wall Street analysts expected AutoZone to earn $5.41 a share on sales of $2.02 billion, according to a survey by FactSet. AutoZone also said it purchased assets and select liabilities of AutoAnything, an online retailer of automotive products, but it did not disclose the price of the deal Visit MarketWatch for full article

Mariuxus

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NEW YORK (MarketWatch) -- AutoZone Inc. /quotes/zigman/218657/quotes/nls/azo AZO -0.64% said Tuesday its first-quarter profit increased 6.4% to $203.5 million, or $5.41 a share, from $191.1 million, or $4.68 a share, in the year-ago period. Sales increased to $1.99 billion from $1.92 billion. Gross profit widened to 51.8% from 51.1% on better merchandise margins, which were driven by lower acquisition costs. Wall Street analysts expected AutoZone to earn $5.41 a share on sales of $2.02 billion, according to a survey by FactSet. AutoZone also said it purchased assets and select liabilities of AutoAnything, an online retailer of automotive products, but it did not disclose the price of the deal
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REPLIES (newest first)Ignore Short Messages

DanMtz Champion Author Oakland Posts:3,355 Points:1,243,325 Joined:Oct 2009	Message Posted: Dec 5, 2012 8:04:29 PM Ignore DanMtz Report Abuse When all of the Hurricane Sandy cars get repaired and sold, their profit ought to go up.
07skydriver Champion Author Ohio Posts:3,264 Points:984,040 Joined:Feb 2009	Message Posted: Dec 5, 2012 11:24:25 AM Ignore 07skydriver Report Abuse New car sales are up across most brands as well as replacement parts sales. OOOOOOOOOO- -----Mission Accomplished.----*-OOOOOOOOOO
KaiserM715 Sophomore Author Houston Posts:232 Points:604,340 Joined:Apr 2006	Message Posted: Dec 5, 2012 9:42:41 AM Ignore KaiserM715 Report Abuse Posted by Ply440GTX: "All is well as long as you do not go out to your vehicle to grab a handgun to fend off a stick up and chase off the would be robber... The negative press over this will see that 6% margin improvement vanish!" Truly ridiculous. They should have given him a bonus, not fired him. I will be taking my business elsewhere.
virostek Veteran Author Virginia Posts:423 Points:90,285 Joined:Oct 2012	Message Posted: Dec 5, 2012 7:01:44 AM Ignore virostek Report Abuse OK.
dr047 Champion Author Cleveland Posts:2,597 Points:518,420 Joined:Aug 2010	Message Posted: Dec 5, 2012 5:58:47 AM Ignore dr047 Report Abuse I prefer NAPA any day of the week.
iFueler Champion Author Durham Posts:64,423 Points:179,500 Joined:Nov 2012	Message Posted: Dec 5, 2012 1:13:55 AM Ignore iFueler Report Abuse good for them
NHLiveFree Champion Author New Hampshire Posts:11,095 Points:1,623,180 Joined:Jun 2008	Message Posted: Dec 5, 2012 12:00:35 AM Ignore NHLiveFree Report Abuse Why do we care about this store's business performance????????????????
andy1024 Champion Author Allentown Posts:1,702 Points:448,150 Joined:Dec 2011	Message Posted: Dec 4, 2012 11:21:32 PM Ignore andy1024 Report Abuse A good franchise.
qwerty17 Champion Author New Jersey Posts:3,655 Points:1,118,350 Joined:Oct 2009	Message Posted: Dec 4, 2012 10:06:54 PM Ignore qwerty17 Report Abuse get in the zone.
RitaVespa Champion Author Oregon Posts:2,981 Points:792,260 Joined:Jan 2011	Message Posted: Dec 4, 2012 9:25:24 PM Ignore RitaVespa Report Abuse ?
Ply440GTX All-Star Author Texas Posts:949 Points:309,730 Joined:Feb 2009	Message Posted: Dec 4, 2012 9:17:24 PM Ignore Ply440GTX Report Abuse All is well as long as you do not go out to your vehicle to grab a handgun to fend off a stick up and chase off the would be robber... The negative press over this will see that 6% margin improvement vanish!
jjjleblanc Champion Author Rochester Posts:5,877 Points:1,519,305 Joined:Jun 2008	Message Posted: Dec 4, 2012 9:16:12 PM Ignore jjjleblanc Report Abuse Good news.
CityCouponer All-Star Author New Orleans Posts:938 Points:202,105 Joined:Aug 2012	Message Posted: Dec 4, 2012 8:31:34 PM Ignore CityCouponer Report Abuse Keep it running as long as you can.
sillywagon Champion Author New York Posts:14,891 Points:1,442,095 Joined:Oct 2008	Message Posted: Dec 4, 2012 7:40:40 PM Ignore sillywagon Report Abuse For many they have to DIY on their vehicle or they wouldn't be able to afford to own the vehicle.
unipanini All-Star Author New York Posts:903 Points:264,575 Joined:Mar 2012	Message Posted: Dec 4, 2012 6:59:30 PM Ignore unipanini Report Abuse OK
car253 Champion Author Ohio Posts:6,298 Points:1,469,595 Joined:Oct 2008	Message Posted: Dec 4, 2012 6:16:11 PM Ignore car253 Report Abuse Good for AutoZone.
heydano67 Champion Author California Posts:1,671 Points:358,510 Joined:Feb 2012	Message Posted: Dec 4, 2012 4:15:12 PM Ignore heydano67 Report Abuse A lot more DIY in this economy
BigTruc All-Star Author Memphis Posts:957 Points:781,440 Joined:Jul 2004	Message Posted: Dec 4, 2012 3:52:47 PM Ignore BigTruc Report Abuse Good for them.
ObieDog Champion Author Maryland Posts:1,966 Points:851,895 Joined:Sep 2010	Message Posted: Dec 4, 2012 2:51:37 PM Ignore ObieDog Report Abuse People need to keep those old cars rolling.
Rockyguitar Champion Author Tampa Posts:2,567 Points:1,203,545 Joined:Sep 2008	Message Posted: Dec 4, 2012 2:18:37 PM Ignore Rockyguitar Report Abuse Good to see someone showing a profit.
pulpwood Champion Author Mississippi Posts:7,379 Points:1,859,605 Joined:Sep 2006	Message Posted: Dec 4, 2012 2:08:33 PM Ignore pulpwood Report Abuse good for them.
LostInNY Champion Author New York Posts:1,721 Points:648,045 Joined:Apr 2011	Message Posted: Dec 4, 2012 1:05:14 PM Ignore LostInNY Report Abuse who would have thought there's gold in your old clunker!
knutzAL Champion Author Alabama Posts:2,248 Points:372,680 Joined:Feb 2012	Message Posted: Dec 4, 2012 12:38:02 PM Ignore knutzAL Report Abuse Nope.
dr047 Champion Author Cleveland Posts:2,597 Points:518,420 Joined:Aug 2010	Message Posted: Dec 4, 2012 12:14:20 PM Ignore dr047 Report Abuse Too Sterile
rcornel All-Star Author San Diego Posts:724 Points:228,070 Joined:Jun 2012	Message Posted: Dec 4, 2012 11:51:25 AM Ignore rcornel Report Abuse That's good news.
sciotosix Champion Author Dayton Posts:2,749 Points:666,875 Joined:Apr 2011	Message Posted: Dec 4, 2012 11:48:21 AM Ignore sciotosix Report Abuse Good for AutoZone.
brbaritone Champion Author Virginia Posts:2,068 Points:1,698,060 Joined:Jan 2007	Message Posted: Dec 4, 2012 10:07:52 AM Ignore brbaritone Report Abuse There is an AutoZone within walking distance of my house, and this is where I go to buy parts and supplies for the maintenance I do myself. The staff is knowledgeable and very helpful.
humblepie Champion Author Toledo Posts:34,248 Points:2,372,345 Joined:Mar 2006	Message Posted: Dec 4, 2012 10:05:00 AM Ignore humblepie Report Abuse most people cant afford new, so this is the alternative simple obamanomics
cdrrod Champion Author Wisconsin Posts:4,159 Points:784,750 Joined:Feb 2006	Message Posted: Dec 4, 2012 10:04:40 AM Ignore cdrrod Report Abuse Agree, excellent place to shop!
OHIO50 All-Star Author Denver Posts:876 Points:1,020,750 Joined:Mar 2010	Message Posted: Dec 4, 2012 10:00:49 AM Ignore OHIO50 Report Abuse Good place to shop.
Jeff4U Champion Author Atlanta Posts:8,761 Points:1,853,345 Joined:Nov 2004	Message Posted: Dec 4, 2012 10:00:34 AM Ignore Jeff4U Report Abuse I thought this was GasBuddy.com ... must have clicked the wrong page.
leraar2 Champion Author Massachusetts Posts:3,764 Points:787,680 Joined:Mar 2011	Message Posted: Dec 4, 2012 9:48:36 AM Ignore leraar2 Report Abuse too bad they no longer give LIFETIME warrantees on some of their products. heretofore, i bought exclusively from them; am currently reconsidering. [Edited by: leraar2 at 12/4/2012 9:50:04 AM EST]
Dr Gas Champion Author Twin Cities Posts:3,268 Points:358,365 Joined:May 2004	Message Posted: Dec 4, 2012 9:48:07 AM Ignore Dr Gas Report Abuse Are we concerned about investing in Autozone now??!!?!?!?!?!!?!?!!!??!?! Thought this was about all things gas related?