This Auto Parts Leader Just Beat Sales Expectations: Is It Time to Buy?

This Auto Parts Leader Just Beat Sales Expectations: Is It Time to Buy?

AutoZone (NYSE: AZO), the largest auto parts chain in the U.S., has outperformed the S&P 500 for over 15 years and continues to report impressive results. The company just posted fiscal Q4 earnings and crushed revenue estimates by $100 million, growing sales more than 11% year over year. Let's take a closer look at this auto parts stock.