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

TheMotleyFool

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This Auto Parts Leader Just Beat Sales Expectations: Is It Time to Buy?: https://g.foolcdn.com/editorial/images/701759/man-truck-auto-driving.jpg

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.

So is it time to add AutoZone to your portfolio? Let's take a closer look at this auto parts stock.

Founded over 43 years ago, AutoZone revolutionized the auto parts industry with its vision of "clean, well-organized auto parts stores and excellent customer service." Although competitors including Advance Auto Parts and O'Reilly Automotive have entered the market, AutoZone stands alone at the top.

Source Fool.com

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