AllAnalyst Report
logoArgusOctober 12, 2020

AutoZone, Inc.: Reiterating BUY and boosting target price

Symbols
AZO
Sector(s)
Consumer Cyclical
Rating
Current Price
$2,876.10
Price Target
Earnings Estimate
Summary

AutoZone Inc. was founded in 1979 and is based in Memphis, Tennessee. The company is a leading retailer and a leading distributor of automotive replacement parts and accessories with $12.6 billion in FY20 sales. It has 5,885 stores in the United States and Puerto Rico, 621 in Mexico and 43 in Brazil. Each AutoZone store carries an extensive product line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and nonautomotive products. Over 85% of domestic stores also have a commercial sales program that provides commercial credit and prompt delivery of parts and other products to local, regional and national repair garages, dealers, service stations, and public sector accounts. The

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Analyst Profile

Deborah Ciervo, CFA

Analyst: Generalist
Deborah is a generalist responsible for analytical coverage of companies across all sectors for Argus Research. Prior to joining Argus, she was a Sr. Director of Global Partnerships at S&P Dow Jones Indices where she managed relationships with foreign exchanges and other partners. Deborah joined Dow Jones Indexes as an analyst in 1995 and held key roles in market data distribution and commercial policy, business and product development over her seventeen years with the company. She was Sr. Director of International Markets & Products from 2008-2012, where she led international sales and product management. Deborah earned the Chartered Financial Analyst (CFA) designation in 2004 and she holds a bachelor's degree in finance from Rider University.