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Author Topic: AutoZone profit up 6% as margins improve Back to Topics
Mariuxus
Champion Author
Chicago

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Joined:May 2007
Message Posted: Dec 4, 2012 9:43:25 AM

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) Post a Reply
DanMtz
Champion Author Oakland

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Message Posted: Dec 5, 2012 8:04:29 PM

When all of the Hurricane Sandy cars get repaired and sold, their profit ought to go up.
07skydriver
Champion Author Ohio

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Message Posted: Dec 5, 2012 11:24:25 AM

New car sales are up across most brands as well as replacement parts sales.
OOOOOOOOOO- *-*-*-*-*-Mission Accomplished.-*-*-*-*-OOOOOOOOOO
KaiserM715
Veteran Author Houston

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Message Posted: Dec 5, 2012 9:42:41 AM

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

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Message Posted: Dec 5, 2012 7:01:44 AM

OK.
dr047
Champion Author Cleveland

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Message Posted: Dec 5, 2012 5:58:47 AM


I prefer NAPA any day of the week.
iFueler
Champion Author Durham

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Message Posted: Dec 5, 2012 1:13:55 AM

good for them
NHLiveFree
Champion Author New Hampshire

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Message Posted: Dec 5, 2012 12:00:35 AM


Why do we care about this store's business performance????????????????
andy1024
Champion Author Allentown

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Message Posted: Dec 4, 2012 11:21:32 PM

A good franchise.
qwerty17
Champion Author New Jersey

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Message Posted: Dec 4, 2012 10:06:54 PM

get in the zone.
RitaVespa
Champion Author Oregon

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Message Posted: Dec 4, 2012 9:25:24 PM

?
Ply440GTX
Champion Author Kansas

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Message Posted: Dec 4, 2012 9:17:24 PM

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

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Message Posted: Dec 4, 2012 9:16:12 PM

Good news.
CityCouponer
Champion Author New Orleans

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Message Posted: Dec 4, 2012 8:31:34 PM

Keep it running as long as you can.
sillywagon
Champion Author New York

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Message Posted: Dec 4, 2012 7:40:40 PM

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

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Message Posted: Dec 4, 2012 6:59:30 PM

OK
car253
Champion Author Ohio

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Message Posted: Dec 4, 2012 6:16:11 PM

Good for AutoZone.
heydano67
Champion Author California

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Message Posted: Dec 4, 2012 4:15:12 PM

A lot more DIY in this economy
BigTruc
Champion Author Memphis

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Message Posted: Dec 4, 2012 3:52:47 PM

Good for them.
ObieDog
Champion Author Maryland

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Message Posted: Dec 4, 2012 2:51:37 PM

People need to keep those old cars rolling.
Rockyguitar
Champion Author Tampa

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Message Posted: Dec 4, 2012 2:18:37 PM

Good to see someone showing a profit.
pulpwood
Champion Author Mississippi

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Message Posted: Dec 4, 2012 2:08:33 PM

good for them.
LostInNY
Champion Author New York

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Message Posted: Dec 4, 2012 1:05:14 PM

who would have thought there's gold in your old clunker!
knutzAL
Champion Author Alabama

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Message Posted: Dec 4, 2012 12:38:02 PM

Nope.
dr047
Champion Author Cleveland

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Message Posted: Dec 4, 2012 12:14:20 PM


Too Sterile
rcornel
Champion Author San Diego

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Message Posted: Dec 4, 2012 11:51:25 AM

That's good news.
sciotosix
Champion Author Dayton

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Message Posted: Dec 4, 2012 11:48:21 AM

Good for AutoZone.
brbaritone
Champion Author Virginia

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Message Posted: Dec 4, 2012 10:07:52 AM

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

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Message Posted: Dec 4, 2012 10:05:00 AM

most people cant afford new, so this is the alternative
simple obamanomics
cdrrod
Champion Author Wisconsin

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Message Posted: Dec 4, 2012 10:04:40 AM

Agree, excellent place to shop!
OHIO50
Champion Author Denver

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Message Posted: Dec 4, 2012 10:00:49 AM

Good place to shop.
Jeff4U
Champion Author Atlanta

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Message Posted: Dec 4, 2012 10:00:34 AM

I thought this was GasBuddy.com ... must have clicked the wrong page.
leraar2
Champion Author Massachusetts

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Message Posted: Dec 4, 2012 9:48:36 AM

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

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Message Posted: Dec 4, 2012 9:48:07 AM

Are we concerned about investing in Autozone now??!!?!?!?!?!!?!?!!!??!?!

Thought this was about all things gas related?
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