AutoZone Has ‘Significant Exposure’ To Products Sourced From China, CEO Says
AutoZone just reported strong sales numbers for its fiscal third quarter. But with the cloud of a trade war hanging over the U.S. economy, AutoZone CEO Bill Rhodes made a point to talk about tariffs during the company’s May 21 conference call.
AutoZone Reports 3rd Quarter Results; Company Appoints New Board Member
Net income for the quarter increased 10.7% over the same period last year to $405.9 million, while diluted earnings per share increased 19.2% to $15.99 per share from $13.42 per share in the year-ago quarter.
Spectra Premium Awarded 2018 AutoZone Mexico Extra Miler Award
The prize is awarded by AutoZone Mexico in recognition of new product line programs, sales growth, appreciation and content quality score.
AutoZone Authorizes Additional Stock Repurchase
Since the inception of the repurchase program in 1998, AutoZone’s Board of Directors has authorized $21.9 billion in share repurchases.
US Motor Works Receives ‘WITTDTJR’ Award From AutoZone Mexico
US Motor Works has demonstrated year after year, the ability to increase the coverage of in-country vehicles in operation while at the same time partnering up with AutoZone Mexico to reduce returns.
AutoZone Reports 2nd Quarter Net Sales Of $2.5B
Domestic same store sales, or sales for stores open at least one year, increased 2.6 percent for the quarter.
AutoZone CEO Bill Rhodes On 2019 Aftermarket Outlook: ‘Trends Remain Encouraging’
AutoZone’s key priorities for 2019 include “customers first,” accelerating its commercial business, improving the omni-channel sales experience, leveraging technology and increasing inventory availability.
AutoZone Reports Net Sales Of $2.6B For 1st Quarter
Commercial sales growth eclipsed double-digits in the quarter rising 11.3 percent, marking AutoZone’s strongest growth quarter since 2015, said President, Chairman and CEO Bill Rhodes.
AutoZone Announces Senior Vice President Promotion
Mitch Major, currently vice president, commercial support, has been promoted to senior vice president, supply chain, customer satisfaction.
Former AutoZone President Tim Vargo Named President And CEO Of Exide Technologies
Vargo succeeds Vic Koelsch, who is stepping down as president and CEO. Koelsch will remain an adviser to the CEO through Dec. 31. Vargo will remain a member of the Exide Technologies board of directors.
