Although the economy is in excellent shape and stocks are hitting new highs, it’s important to remember that good times don’t last forever. The business cycle ends and that’s when blue-chip stocks to hold become valuable.Despite the calm market environment, there are many lingering threats that could negatively impact the stock market. Recently, JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon has been in the headlines, bringing attention to potential market risks. One major risk is stubborn inflation that causes ...

The transportation sector is vitally important to the economy. With 4.1 million miles of streets and highways, the U.S. has the most extensive road network in the world. Americans continue to love to travel by motor vehicle. In 2023, 75% of the population reported having access to their own car, with an additional 20% of people saying they have access to a company or family car. It wasn’t that long ago that investors were not looking for transportation stocks to buy, but the industry is making a comeback.Th ...

财务数据和关键指标变化 - 总销售额增长3.5%,达到42亿美元 [5] - 总公司同店销售增长0.9%(按固定汇率计算) [7] - 国内同店销售持平 [7] - 国际同店销售增长9.3%(按固定汇率计算) [15] - 营业利润增长4.9%,达到9亿美元 [17] - 每股收益增长7.5%,达到36.69美元 [17] 各条业务线数据和关键指标变化 - 国内商业销售增长3.3%,达到11.8亿美元 [12] - 国内商业销售占国内汽配销售的31% [12] - 每个商业项目的平均周销售额为16,400美元,同比下降2.4% [12] - 国内零售同店销售下降1% [14] - 国内零售客户交易量下降约2%,客单价上涨约1% [14] 各个市场数据和关键指标变化 - 东北部和中西部地区的销售表现落后于其他地区约200个基点 [7][9] - 东北部和中西部地区的零售销售表现落后于其他地区约100个基点 [9] 公司战略和发展方向及行业竞争 - 公司计划未来5年内大幅加快国内新店开设步伐 [57][58] - 公司计划在未来几年内将超过200家超级配送中心 [36][37][38] - 公司正在加大对客户服务和交付速度的投资,以提升销售增长 [69][70] - 公司认为商业市场是最大的增长机会,目前仅占5%的市场份额 [62][63] 管理层对经营环境和未来前景的评论 - 税收退税季节延迟和较冷湿的天气对本季度销售造成负面影响 [6][7] - 预计未来销售增长将加速,但需谨慎乐观 [6][20] - 相信公司的商业业务和国际业务将是未来增长的主要动力 [20] - 对公司的长期增长前景保持乐观 [20] 问答环节重要的提问和回答 问题1 **Bret Jordan 提问** 商业业务在本季度末表现较弱,未来几个季度的趋势如何? [23] **Phil Daniele 回答** 商业业务表现一直较为波动,最后4周的同比表现最差。未来几周受天气影响可能会有所改善。[24][25] 问题2 **Christian Carlino 提问** 毛利率改善是否还有进一步空间,特别是在供应链成本下降的情况下? [30][31] **Jamere Jackson 回答** 公司正在与供应商进行积极谈判,以获得更多的价格优惠。未来毛利率改善空间仍然存在,但幅度可能会有所收窄。[31] 问题3 **Simeon Gutman 提问** 对于下一财年的销售和盈利趋势,是否会呈现后半年较前半年更为强劲的特点? [38][39] **Phil Daniele 回答** 天气因素有望好转,加上商业业务的持续改善,公司对下一财年下半年的销售增长持谨慎乐观态度。但这不会是一蹴而就的"断崖式"反弹。[39]

Key PointsAutoZone had a solid quarter, but results are mixed relative to consensus, and shares are pulling back.The uptrend is intact and will likely result in a buy-signal soon. Cash flow and massive share buybacks support the uptrend and point to a new all-time high before year-end. 5 stocks we like better than AutoZoneAutoZone NYSE: AZO share prices are declining because the Q3 results weren’t strong enough. The company says the timing of tax payments and cold weather impacted the results, which are one ...

AutoZone Inc. (AZO) reported earnings of $36.69 per share for third-quarter fiscal 2024 (ended May 4, 2024), up 7.5% year over year. Earnings surpassed the Zacks Consensus Estimate of $35.72 per share. Net sales grew 3.5% year over year to $4,235.5 million. The top line marginally missed the Zacks Consensus Estimate of $4,292 million.In the reported quarter, domestic commercial sales totaled $1.14 billion, up from $1.11 billion recorded in the year-ago period. Domestic same-store sales (sales at stores open ...

For the quarter ended May 2024, AutoZone (AZO) reported revenue of $4.24 billion, up 3.5% over the same period last year. EPS came in at $36.69, compared to $34.12 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $4.29 billion, representing a surprise of -1.16%. The company delivered an EPS surprise of +2.86%, with the consensus EPS estimate being $35.67.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they co ...

EXHIBIT 99.1 AutoZone 3rd Quarter Total Company Same Store Sales Increase 0.9%; Domestic Same Store Sales were flat; EPS Increases to $36.69 MEMPHIS, Tenn., May 21, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $4.2 billion for its third quarter (12 weeks) ended May 4, 2024, an increase of 3.5% from the third quarter of fiscal 2023 (12 weeks). Same store sales, or sales for our domestic and international stores open at least one year, are as follows: Constant Currency 12 We ...

MEMPHIS, Tenn., May 21, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $4.2 billion for its third quarter (12 weeks) ended May 4, 2024, an increase of 3.5% from the third quarter of fiscal 2023 (12 weeks). Same store sales, or sales for our domestic and international stores open at least one year, are as follows:        Constant Currency 12 Weeks 12 Weeks*    Domestic0.0% 0.0%International18.1% 9.3%Total Company1.9% 0.9%* Excludes impacts from fluctuations of foreign exchang ...

Auto parts stocks often fly under the radar, getting little to no investor attention compared to their larger industry peers. While it’s the big-name car manufacturers that consistently grab headlines and investor focus, auto parts stocks have historically outperformed.Unlike automotive manufacturers, whose sales often fluctuate due to the industry’s cyclical nature, auto parts distributors and retailers experience more stable sales. Even during economic downturns, when new car sales decline, there remains ...

U.S. stock markets have resumed momentum with much vigor in May after a brief halt in April. Market participants witnessed an impressive 15-month rally before April. The rebound in May has taken a section of financial experts by surprise as they warned of further downside due to higher stock valuations and the Fed’s decision to keep interest rates higher for longer than expected.Favorable Economic DataWall Street rebounded in early May following a sharp decline in the April job additions, a notable deterior ...