AutoZone announced that its board of directors has authorized the repurchase of an additional $750 million of the company’s common stock in connection with its ongoing share repurchase program.
Since the inception of the program in 1998, AutoZone’s Board of Directors has authorized $17.2 billion in stock repurchases.
One winner and a guest will “Do the Double” by attending the Indianapolis 500, before traveling to Charlotte for NASCAR’s 600-mile race.
Advance Auto Parts, official auto parts retailer of NASCAR, and official partners of the NTT INDYCAR SERIES and Indianapolis Motor Speedway, announced it is kicking off the summer travel season by offering its Speed Perks loyalty rewards members the chance to win a bucket-list motorsports experience to “Do the Double.”
Net sales for the first quarter of 2024 were $331.4 million, compared to consolidated net sales of $328.0 million during the comparable quarter in 2023.
Consolidated revenue totaled 7,144.7 billion yen (US$47.2 billion), a 11.6 percent increase from the previous year.
The company reported record net sales of $789 million.
Sales were $5.8B, a 0.3% increase compared to the same period of the prior year.
Genuine Parts Company said the acquisition advances its strategic initiative to own more stores in priority markets.
The HDA Truck Pride member has acquired Pueblo Brake & Clutch, Inc.
While there are numerous components that make up “landed costs,” duties, taxes and tariffs are a huge factor and can often be a detriment to global trade, says Thomas Cook, managing director at Blue Tiger International.
The company attributes the growth to strategic initiatives and its LiftKits4Less.com platform, which was reactivated five months ago.
