Gregory Melich
Gregory Melich
close coming numbers pay profit surprise
There's no surprise in the numbers coming so close to the profit warnings. The story here is the company's insistence it can pay a dividend.
combined commercial growth implies larger sales slower store takes
Sales growth combined with slower store growth implies commercial takes a larger role.
base believe continue invest medium moves near store
We continue to believe that AutoZone is making all the right moves to invest in its store base in the near to medium term.
cited expertise management promotions ramp reasons
Management cited a narrower assortment of handsets, ramp up of expertise on the activation process, and fewer-than-expected promotions as reasons for the softness.