It’s getting to be an old story at AutoZone. The Memphis-based auto parts retailer beats Wall Street analysts expectations, it opens new stores during the quarter, and CEO Bill Rhodes tells analysts, hey, we’re just doing what we do!
But, that was the story yet again when the company reported its fiscal fourth quarter results Tuesday morning.
For reference, the stock is up more than 40 percent since Sept. 2010. For comparison, the Dow Jones Industrial Average is up around 5 percent over the same period.