Autozone - Increasing Demand for Replacement Parts Significantly Boosts Results!

Business Driver: AutoZone (AZO) is one of the largest providers of automotive replacement parts and accessories with over 7,000 locations in the U.S., Mexico, and Brazil. The company benefits long-term from structural trends such as an aging vehicle fleet, higher repair rates, and increasing costs of new cars. Currently, due to U.S. import tariffs, one can benefit from rising sales prices of replacement parts, as many consumers prefer to repair their old vehicles in light of increasing prices for new cars, which drives higher replacement part sales....