AutoZone, Inc. (AZO) Stock Forecasts

Summary

AutoZone, Inc. is the largest retailer of aftermarket automotive parts and accessories in the United States. Founded on July 4, 1979 (as Auto Shack), the company currently has 7,710 stores across the United States, Mexico, Puerto Rico, Brazil, and the U.S. Virgin Islands.

The company is based in Memphis, Tennessee. Originally a division of Memphis-based wholesale grocer Malone & Hyde, AutoZone was previously known as Auto Shack. After the sale of the grocery operation to the Fleming Companies of Oklahoma City, Oklahoma, the name of the company was changed to AutoZone just prior to the company going public.

The company offers national brand and private-label products. According to management, more than 50% of the sales mix