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Autozone

All articles tagged with #autozone

finance1 year ago

Key Stocks and Earnings to Watch This Week: Oracle, GameStop, Broadcom

This week, Oracle is recommended as a stock to buy due to its strong cloud business and positive market sentiment, while AutoZone is suggested as a stock to sell due to near-term challenges. Key economic events include the U.S. consumer price inflation report and potential Federal Reserve rate cuts. The S&P 500 and Nasdaq recently hit record highs, and Oracle's upcoming earnings report is anticipated to be a significant catalyst for its stock.

via Yahoo Finance|
#autozone#federalreserve#finance
business1 year ago

Retail Giants Warn of Price Hikes Due to Trump's Tariffs

AutoZone CEO Philip Daniele warns that if President Trump implements his proposed tariffs on imports, the company will pass the increased costs onto consumers, leading to higher prices. This comes amid broader concerns from various companies about the impact of such tariffs on consumer prices. Despite these challenges, AutoZone reported a 9% increase in net sales for the fourth quarter of 2024, indicating strong financial performance despite economic pressures.

via TheStreet|
#autozone#business#consumer-prices
business1 year ago

Rising Tariffs: How Companies Plan to Shift Costs to Consumers

AutoZone's CEO announced that the company will pass the costs of proposed tariffs onto consumers, reflecting a broader trend among businesses facing increased import taxes. Companies like Steve Madden and Columbia Sportswear are also preparing for price hikes due to their reliance on foreign suppliers, particularly from China. The National Retail Federation warns that these tariffs could significantly raise the cost of everyday goods for American families.

via Yahoo Finance|
#autozone#business#consumer-impact
crime1 year ago

Shooting Outside AutoZone in Chicago Leaves Multiple Injured

Multiple people were shot in a broad-daylight incident outside an AutoZone in Dolton, Illinois, a suburb of Chicago, after two drivers reportedly opened fire at each other in a parking lot. Around six victims were reported, and helicopter footage showed a trail of blood and evidence markers at the scene. The shooting is believed to have started when individuals inside two separate cars opened fire after a possible crash, with no injuries reported inside the AutoZone store.

via Daily Mail|
#autozone#chicago#crime
stock-market2 years ago

AutoZone Stock: Lightning Round Buy Signals All-Time High

CNBC's Jim Cramer recommends buying AutoZone, citing the company's strong performance, the high average age of cars on the road, and its robust buyback program. However, Cramer expresses concerns about Snowflake's competition from Databricks and suggests considering Agilent over Aehr Test Systems. He also prefers Eli Lilly over Novo Nordisk. Cramer advises cashing out of Gogo, as it is no longer a favorable stock, and expresses optimism about Dream Finders Homes' continued success.

via CNBC|
#aehr-test-systems#autozone#databricks
crime2 years ago

Albuquerque Police Involved in Multiple Fatal Incidents.

One person with multiple warrants was shot and killed by Albuquerque Police after he entered a market armed with a knife and then pulled out a gun and fired at officers. No officers were injured in the incident. The man had been sought by police at an AutoZone shop before he went to the market. The incident is under investigation with the assistance of New Mexico State Police and the Bernalillo County Sheriff's Office.

via KOAT New Mexico|
#albuquerque-police#autozone#crime
business2 years ago

Top Stock Market Movers: Yelp, AutoZone, Lowe's, Apple, and More

Yelp's shares jumped over 9% after activist investor TCS Capital Management took a stake in the firm, urging the company to explore strategic alternatives, including a sale. AutoZone's shares fell over 5% after missing revenue expectations for the fiscal third quarter. Lowe's Companies advanced 2.8% on a first-quarter earnings report that beat analyst expectations, but the company cut its full-year outlook. Chevron added 3.1% in midday trading after HSBC upgraded the energy producer to buy from hold. Zoom Video Communications' shares tumbled more than 7% following the video conferencing stock's first-quarter report.

via CNBC|
#autozone#business#chevron
business2 years ago

Lowe's and AutoZone among top stock market movers.

Activist investor TCS Capital Management has built a stake of more than 4% in Yelp and is asking the company to explore strategic alternatives including a sale. AutoZone's Q3 revenue came up short of expectations, causing shares to fall more than 2%. Lowe's lowered its full-year forecast for total sales, comparable sales, and adjusted earnings per share, but beat on Q1 earnings and revenue. Dick's Sporting Goods beat earnings expectations and reaffirmed its 2023 forecast, causing shares to gain more than 2%. HSBC upgraded Chevron to buy from hold, saying the stock will get a boost from rising oil prices.

via CNBC|
#autozone#business#chevron