FIN 3717 Chapter : Case 7 Autozone Inc
Document Summary
The primary topics of this case are the share repurchases and dividends. Autozone s first store opened in 1979 under the name auto shack in forrest city, The named officially changed to the name it is today in 1987. In 1991 autozone went public and was listed on the new york stock exchange under the symbol azo. 2012, autozone became the leading retailer of automotive replacement parts and accessories in the us, with more than 65,000 employees and 4,813 stores located in every state in the contiguous us, puerto rico, and mexico. Autozone heavily focused on expanding its retail footprint. The expansion of its retail footprint had driven top-line revenue growth. It spurred both the highest operating margin for its industry and strong customer service backed by the ability of its distribution network to supply stores with nearly all of the autozone products on a same-day basis.
