AutoZone Stock Analysis: Growth Signals and Cautionary Notes
AutoZone (AZO) presents a mixed investment case despite recent market jitters. The company's aggressive expansion strategy stands out, with 141 net new stores opened last quarter and 304 added in the fiscal year. This growth-through-scale approach comes as same-store sales maintain respectable 5.1% growth.
The retailer's long-term performance remains stellar, boasting 271% returns over five years compared to the S&P 500's 101% gain. However, decelerating growth metrics warrant caution, particularly as the auto parts sector faces macroeconomic headwinds.