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AutoZone Corporate Profile

AutoZone Corporate Profile

AutoZone

S&P Rated: Investment Grade BBB

 

Current Annual Revenue: $9.48 billion
Current Gross Profit: $4.93 billion
Current Annual Net Income: $1.07 billion
2014 Fiscal Yr. Revenue Growth: 3.58%

AutoZone, Inc. (NYSE: AZO) is the second-largest retailer of aftermarket automotive parts and accessories in the United States, behind Advance Auto Parts. AutoZone is a Fortune 500 company, and its stock is an S&P 500 Component. The company was founded in 1979 and has over 5,000 retail outlets throughout America, Puerto Rico, Mexico, and Brazil. Its clean, well-lit, well-merchandised stores inventory and sell an extensive line of aftermarket products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured hard parts, maintenance items, and accessories. The company also manufactures and sells under their own private label brands: Valucraft, Duralast, Duralast Gold, and Duralast Platinum. In 2013, AutoZone expanded their domestic store base by a net of 151 stores, bringing its total up to 4,836. AutoZone also opened 41 additional stores in Mexico, bringing its total up to 362. The company also acquired CarQuest, Worldpac, and AutoAnything.com and promises to heavily leverage technology and improve customer loyalty as a part of its ongoing growth strategy.

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