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AutoZone, Inc. (AZO) specializes in the retail and distribution of automotive replacement parts and accessories. Valued at $53.5 billion by market cap, the company provides a comprehensive range of products for cars, SUVs, vans, and light trucks, including both new and remanufactured hard parts, maintenance supplies, accessories, and non-automotive items. The Memphis, Tennessee-based company is expected to announce its fiscal first-quarter earnings for 2024 on Tuesday, Dec. 3.
Ahead of the event, analysts expect AZO to report a profit of $33.60 per share on a diluted basis, up 3.2% from $32.55 per share in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in three of its previous four quarterly reports while missing on another occasion.