AutoZone is growing its sales to both professional repair shops and do-it-yourselfers. The auto parts chain said in a Tuesday (Dec. 6) press release that its domestic same-store sales were up 5.6% during the quarter ended Nov. 19, on top of the 13.6% gain it...
AutoZone logged a 26% growth in its commercial business during the fiscal fourth quarter, the auto parts retailer reported Monday (Sept. 19). Commercial sales for the year came in at $4.2 billion, the company said in a news release. That’s higher than the $4 billion...
Valvoline, the second largest operator of oil change and auto service locations in the U.S., said Monday (Aug 1) that it sold its global lubricants business in order to become a pure-play retailer focused on faster growth and expansion opportunities at a time when consumers...
The American love affair with cars may still be intact but that special, 100-year-old relationship has never faced more changes and challenges at one time than it is right now. Consumers are not only keeping their cars longer with the average vehicle age rising about 12...
February 28, 2023
As the automotive market sorts itself out, aftermarket category leader AutoZone is seeing strength in its business as consumers keep older cars on the road longer. The category has shown strength, as competitors including O’Reilly Automotive, Advanced Auto Parts and Genuine Parts have handed in similarly strong quarterly figures. Reporting fiscal second-quarter 2022 earnings on […]
December 06, 2022
AutoZone is growing its sales to both professional repair shops and do-it-yourselfers. The auto parts chain said in a Tuesday (Dec. 6) press release that its domestic same-store sales were...
September 19, 2022
AutoZone logged a 26% growth in its commercial business during the fiscal fourth quarter, the auto parts retailer reported Monday (Sept. 19). Commercial sales for the year came in at...
March 01, 2022
In addition to net sales growth of 15.8% to $3.4 billion for the second quarter of fiscal 2022 ending Feb. 12, AutoZone reported an uptick in inventory of 6.2% from...