Dog and Cat

AutoZone breaks a record

One Memphis-based public company is doing so well that last Wednesday, its triple-digit stock price hit a record.

An all-time high, to be more specific.

AutoZone shares closed at $304.10. Just in the last six months, the stock is up a little more than 14 percent.

AutoZone reports fourth quarter earnings Sept. 20. The consensus expectation among analysts is that the company will report a profit of $6.95 per share, up from $5.66 during the same period in 2010.

In other words, the Memphis-based auto parts retailer remains firmly in the zone.

 

 

(UPDATE: A few hours after posting this, AutoZone roared past the high I noted above and topped $306 during trading Monday.)

Dansette

google