What AutoZone Wants Investors to Know
AutoZone (NYSE: AZO) recently closed its fiscal 2019 in solid fashion. The auto parts retailer managed consistent sales growth and higher profits despite extra spending on improving the customer shopping experience. It was a period that included several "impressive accomplishments," CEO Bill Rhodes said in a press release while noting AutoZone's expanding store footprint and accelerated investments in its e-commerce initiatives.
In a conference call with Wall Street analysts, management went into detail about the biggest trends affecting the industry today, with an eye toward where returns might land over the coming 12 months.
Let's look at a few highlights from that call.
Source Fool.com
