Added to YB: 2024-06-03
Pitch date: 2024-05-31
AZO [bullish]
AutoZone, Inc.
+35.11%
current return
Author Info
Company Info
AutoZone, Inc. operates as a retailer and distributor of automotive replacement parts and accessories in the United States, Mexico, and Brazil.
Market Cap
$62.0B
Pitch Price
$2.8K
Price Target
2.8K (-24%)
Dividend
N/A
EV/EBITDA
15.76
P/E
26.08
EV/Sales
3.84
Sector
Specialty Retail
Category
growth
AutoZone, Inc. - $AZO
AZO: Leading auto parts retailer w/ $20B sales. 9% 5yr rev CAGR driven by miles driven & older cars. Sticky DIY/DIFM customers from logistics network & service. 50% private label sales boost margins. FCF deployed 84% to buybacks. $2,833 PT on 5% LT growth, 22% EBIT margin. Q3 sales +3.5% impacted by weather & tax refunds. Shares -6% YoY. Inflation softening discretionary demand but maintenance items resilient.
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