AutoZone is a leading retailer and distributor of automotive replacement parts and accessories in the United States. The company specializes in providing a wide range of products for various vehicles, including auto parts, tools, and maintenance supplies, catering to both DIY consumers and professional mechanics. With a strong focus on customer service, AutoZone offers comprehensive support, such as vehicle diagnostics and advice, helping customers find the right parts for their needs. The company's extensive network of stores and distribution centers allows it to maintain high inventory levels and respond efficiently to customer demands, solidifying its position as a key player in the automotive aftermarket industry. Read More
Shares of auto parts and accessories retailer O’Reilly Automotive (NASDAQ:ORLY) fell 4.2% in the afternoon session after peer company AutoZone reported first-quarter earnings that revealed underlying financial pressures. Although AutoZone's same-store sales grew, its gross profit as a percentage of sales decreased by 2.03% compared to the prior year. The company noted the drop in gross margin was due to a non-cash LIFO impact. Furthermore, operating expenses as a percentage of sales also increased, which AutoZone attributed to investments in its growth plans. The negative report from a key competitor appeared to weigh on investor sentiment for the broader auto parts retail sector, impacting O'Reilly's stock.
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Tuesday as we examine the latest happenings in today's session.
Shares of auto parts and accessories retailer Advance Auto Parts (NYSE:AAP) fell 6.1% in the morning session after competitor AutoZone reported first-quarter results that signaled potential weakness across the auto parts retail sector. While AutoZone's net sales grew, its gross margin compressed to 51.0%, and its diluted earnings per share (EPS) declined to $31.04. The drop in profitability for a major industry player raised concerns among investors about sector-wide challenges. This kind of pressure on margins and earnings at a key competitor often suggests that other companies in the same market, like Advance Auto Parts, could face similar headwinds.
Shares of auto parts and accessories retailer AutoZone (NYSE:AZO)
fell 6.3% in the morning session after it reported fourth-quarter earnings and sales that fell short of Wall Street expectations. The company's earnings per share came in at $31.04, missing analyst forecasts of $32.40. While net sales grew 8.2% year-over-year to $4.63 billion, the figure was slightly below estimates of $4.65 billion. Furthermore, same-store sales, a key performance indicator for retailers, rose 4.7% year-on-year. The company's profitability also weakened, with its gross margin declining by 2 percentage points and its operating margin falling to 16.9% from 19.7% in the same quarter last year, contributing to lower-than-expected profits.
Seeking insights into today's market movers? Discover the S&P500 gap up and gap down stocks in today's session on Tuesday. Stay informed about the latest market trends.
AutoZone's Q1 earnings and sales fall short of Wall Street expectations. Revenue is generated through retail stores and online platforms, with strong growth in international sales. Gross margin and operating profit decrease, but the company repurchases shares and has remaining share repurchase authorization. Inventory and store count continue to grow. CEO notes strong performance in both domestic and international businesses.
Auto parts and accessories retailer AutoZone (NYSE:AZO) met Wall Streets revenue expectations in Q4 CY2025, with sales up 8.2% year on year to $4.63 billion. Its GAAP profit of $31.04 per share was 4.2% below analysts’ consensus estimates.
Shares of auto parts and accessories retailer Advance Auto Parts (NYSE:AAP) jumped 2.5% in the morning session after positive sentiment in the auto parts sector was sparked by an analyst's favorable view on competitor AutoZone (AZO). Baird initiated coverage on AutoZone with an Outperform rating. The research firm described AutoZone as an "exceptional business" with strong sales and impressive profitability. Baird also noted that improved parts availability helped drive faster growth in the commercial segment. This positive assessment of a major industry player suggested a healthy market environment, which appeared to lift the shares of peers like Advance Auto Parts.
Shares of auto parts and accessories retailer AutoZone (NYSE:AZO)
fell 2.7% in the afternoon session after a Morgan Stanley report highlighted potential headwinds for the company, including tariffs and increased investments in business operations. The investment bank pointed to tariffs, which are taxes on imported goods, as a potential factor that could increase costs. The report also noted that AutoZone's own investments in selling, general, and administrative expenses—the day-to-day costs of running the business—could create challenges. Despite these concerns, the analysis acknowledged that the company could still see benefits from favorable long-term trends within the auto parts industry.
Let's take a look at the S&P500 stocks that are experiencing notable price gaps in today's session on Tuesday. Discover the gap up and gap down stocks in the S&P500 index.
