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"We Will Pass Those Tariff Costs Back To The Consumer," Says CEO Of AutoZone. Here's A Look At Other Companies Raising Prices
Sunday, November 17, 2024 - 3:00pm | 973President-elect Donald Trump’s proposed tariffs have already begun to upend businesses in several industries and many are taking action to safeguard their profits. The tariffs, which include a 10-20% tax on all imports and a potential 60-100% on goods from China, are causing significant...
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3 Long-Term Brand Bets With A Great Track Record That Display Significant Potential
Wednesday, April 26, 2023 - 8:49am | 938Throughout his legendary investing career, Warren Buffett has always stressed the importance of seeking out companies that have a durable competitive advantage and, similarly, an impenetrable brand moat. Marquee examples of this in Buffett’s own Berkshire Hathaway’s (NYSE: BRK-B)...
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BENZINGA TV EXCLUSIVE: Follow The Money — How Long Should You Stay In Cash?
Wednesday, October 5, 2022 - 4:14pm | 213On today's (Oct. 5) episode of the "Stock Market Movers," host Mitch Hoch spoke to Louis Cordone, senior vice president of data strategy at AST, about the overall market sentiment. Stock Market Movers is all about covering the top stock market headlines on the day! Watch the...
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The 'Boiler Room' Stock Pitch Recap: Northern Star Acquisition, Mogo, WISeKey, AutoZone And More
Friday, April 9, 2021 - 6:01pm | 1470Every Friday, at 3 p.m. ET, Ritholtz Wealth Management CEO Josh Brown and Benzinga CEO Jason Raznick host "The Boiler Room," a Clubhouse audio chat where listeners can pitch their favorite stock. Here are this week's pitches. Planet 13 Holdings (OTC: PLNHF) Planet 13 is a cannabis...
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Specialized Equipment Has A Role In Re-Imagining The Automotive Industry
Wednesday, December 9, 2020 - 12:00pm | 1089As governments across the globe commit to shortening the deadlines on banning the sale of ICE vehicles, and with manufacturers intensifying their electrification efforts to provide vehicles across all price ranges, electrification is indeed just around the corner. Interest in EVs in the UK has...
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Monday's Market Minute: Watching Central Bank Decisions
Monday, December 7, 2020 - 10:56am | 464With U.S. and global indices at or near all-time highs to begin the week, investors are watching the potential for new stimulus to come from lawmakers and progress related to the coronavirus vaccine distribution and acceptance, but that’s not all you should be dialed in on. This week kicks...
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Automotive Industry Eyes Slow Recovery
Tuesday, May 26, 2020 - 11:50am | 577After a long-winded lockdown, U.S. auto-manufacturers are finally reopening. The move to reopen comes with debate, however; for example, Tesla Inc (NASDAQ: TSLA) CEO, Elon Musk, sued Alameda County, California and threatened to move the company's headquarters to...
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Auto Parts Submarket Looking Good: AutoZone Surpasses Earnings Estimates
Wednesday, March 4, 2020 - 12:49pm | 924Anticipations from AutoZone, Inc. (NYSE: AZO) quarter results were quite high since most estimates were aiming for growth compared to previous periods. That is why investors were expecting good results from AutoZone as well as from other companies in the market segment like Advance Auto Parts, Inc...
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How AutoZone Is Improving Its Supply Chain To Bolster Its Valuation
Friday, January 3, 2020 - 5:57pm | 119This week, Andrew and Kevin break down AutoZone, Inc. (NYSE: AZO), 1980's trucking deregulation, and special co-host and railroad guru Mike Baudendistel explains whether intermodal is still a growth story. Image by Free-Photos from Pixabay
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AutoZone's Stock Is On Track For A Record High
Thursday, December 12, 2019 - 12:46pm | 967The auto parts retailer AutoZone Inc (NYSE: AZO) published its quarterly results on Tuesday, December 10th, proudly showing its fifth straight quarter of double digit growth. Consequently, its stock surged 7% as fears of inhibitive pressures vanished with the company starting its fiscal year strong...
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Friday's Market Minute: That's A Wrap On Earnings
Friday, September 27, 2019 - 9:36am | 311That’s a wrap on earnings season as AutoZone, Inc. (NYSE: AZO), Nike Inc. (NYSE: NKE), and Micron Technology, Inc. (NASDAQ: MU) were among the last of the big names to report this season. Micron, which reported disappointing gross margin guidance in the Thursday postmarket,...
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FedEx's Delivery Service Aimed at Extending Online Fulfillment Cut-Off Times
Tuesday, December 18, 2018 - 6:56pm | 360FedEx Corp. (NYSE: FDX) said it has launched a service allowing participating retailers to fulfill online orders 5 to 8 hours later than usual while providing consumers with next-day deliveries in local markets and two-day deliveries across the continental US. Through the service, dubbed "...
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Benzinga's Bulls & Bears For The Past Week: Tesla And The Auto Parts Retailers
Sunday, July 9, 2017 - 7:21pm | 658Benzinga has featured a look at many investor favorite stocks over the past week. Some of those calls featured the troubled auto parts purveyors. Other calls focused on Elon Musk's electric car maker. It may have been a holiday-shortened week, but Benzinga continued to feature a...
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AutoZone Is One Of The Steadiest Performers In Auto-Parts Retail Space
Tuesday, June 20, 2017 - 3:44pm | 396Oppenheimer hosted its 17th Annual Oppenheimer Consumer Conference in Boston this week and welcomed AutoZone, Inc. (NYSE: AZO)'s management team, including its executive vice president and chief financial officer, Bill Giles. Following a chat with management, Oppenheimer's Brian Nagel maintains an...
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Retail Earnings Expectations: Costco And Lowe's
Monday, May 22, 2017 - 8:58am | 616Reports from two big-box retailers will be among earnings highlights this week. Both of them are considered to be less affected by big e-commerce. Wall Street analysts expect good showings from each of them. The parade of big retailers sharing their latest quarterly results continues. While so...