Is AutoZone Stock Outperforming the S&P 500?

With a market cap of $71.2 billion, AutoZone, Inc. (AZO) is the nation’s leading retailer and distributor of automotive replacement parts and accessories. Operating across the U.S., Puerto Rico, Mexico, Brazil, and with sourcing offices in Shanghai, the company serves both Do-It-Yourself (DIY) and Do-It-for-Me (DIFM) markets. 

Companies worth more than $10 billion are generally labeled as “large-cap” stocks and AutoZone fits this criterion perfectly. AutoZone provides a wide range of automotive hard parts, maintenance products, accessories, and non-automotive items through its stores, commercial sales programs, and online platforms.