HISTORICAL FACTS: 8 - The Untold Story

Despite lingering supply chain disruptions, the automotive parts industry is expected to grow significantly in the coming months on strong global demand. Thus, we think it could be wise to invest in fundamentally solid auto parts stocks AutoZone (AZO) and O’Reilly (ORLY), which have great upside potential. Read on.

Someone with a lot of money to spend has taken a bullish stance on AutoZone (NYSE:AZO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

AutoZone Inc (NYSE:AZO) reported second-quarter FY21 sales growth of 15.8% year-on-year, to $3.37 billion, beating the consensus of $3.17 billion. Domestic same-store sales for the quarter increased 13.8%. EPS of $22.30 beat the consensus of $17.79. The gross margin contracted 59 basis points Y/Y to 53%. The operating margin was 18.6%, and operating income for the…

  AutoZone (NYSE:AZO) reported its Q2 earnings results on Tuesday, March 1, 2022 at 06:55 AM. Here's what investors need to know about the announcement.

AutoZone (NYSE:AZO) is set to give its latest quarterly earnings report on Tuesday, 2022-03-01. Here's what investors need to know before the announcement. Analysts estimate that AutoZone will report an earnings per share (EPS) of $17.79.

Despite current, multi-decade high inflation, consumer spending rose in January as omicron-variant worries receded. Motor vehicle and parts dealers witnessed a 5.7% rise in retail sales as demand for automobiles climbed thanks to the continuing economic recovery. So, we think it could be wise to bet on quality auto parts…