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MarketScreener Homepage  >  Equities  >  Nyse  >  AutoZone, Inc.    AZO

AUTOZONE, INC.

(AZO)
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Exclusive - Trump to meet with retail CEOs on taxes, infrastructure

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02/14/2017 | 03:10pm EDT
Peck, CEO of Gap, speaks during the Clinton Global Initiative's annual meeting in New York

WASHINGTON (Reuters) - President Donald Trump will meet on Wednesday with the chief executive officers of eight large retailers, including Target Corp (>> Target Corporation), Best Buy Co Inc (>> Best Buy Co Inc) and J.C. Penney Company Inc (>> J C Penney Company Inc), to discuss tax reform and infrastructure improvements, according to people with knowledge of the meeting.

WASHINGTON (Reuters) - President Donald Trump will meet on Wednesday with the chief executive officers of eight large retailers, including Target Corp (>> Target Corporation), Best Buy Co Inc (>> Best Buy Co Inc) and J.C. Penney Company Inc (>> J C Penney Company Inc), to discuss tax reform and infrastructure improvements, according to people with knowledge of the meeting.

A White House official confirmed the meeting between retail CEOs and Trump will take place on Wednesday morning.

The meeting will include Target CEO Brian Cornell, Best Buy CEO Hubert Joly, Gap Inc (>> Gap Inc) CEO Art Peck, Autozone Inc (>> AutoZone, Inc.) CEO William Rhodes, Walgreens Boots Alliance Inc (>> Walgreens Boots Alliance Inc) CEO Stefano Pessina, J.C. Penney CEO Marvin Ellison, Jo-Ann Stores LLC [NEDLEJ.UL] CEO Jill Soltau and Tractor Supply Co (>> Tractor Supply Company) CEO Gregory Sandfort, according to those familiar with attendees.

The retailers oppose the border adjustment tax, a Republican proposal that would cut corporate income tax to 20 percent from 35 percent, exclude export revenue from taxable income and impose a 20 percent tax on imports.

(Reporting by Ginger Gibson; Additional reporting by Steve Holland; Editing by Lisa Shumaker)

By Ginger Gibson

Stocks mentioned in the article
ChangeLast1st jan.
AUTOZONE, INC. 0.03% 1147.86 Delayed Quote.-3.67%
BEST BUY CO., INC 2.17% 78.09 Delayed Quote.-12.95%
GAP INC -7.20% 8.9 Delayed Quote.-49.66%
J. C. PENNEY COMPANY, INC. 13.27% 0.2185 Delayed Quote.-82.78%
TARGET CORPORATION 3.29% 122.33 Delayed Quote.-4.59%
TRACTOR SUPPLY COMPANY 2.56% 122.02 Delayed Quote.30.59%
WALGREENS BOOTS ALLIANCE, INC. 2.65% 42.94 Delayed Quote.-29.05%
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Latest news on AUTOZONE, INC.
05/26AUTOZONE : Fiscal 3Q Earnings Snapshot
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05/26AutoZone 3rd Quarter Same Store Sales Decrease 1.0%; EPS Decreases 10.0% to $..
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05/21AUTOZONE, INC. : quaterly earnings release
04/28AutoZone to Release Third Quarter Earnings May 26, 2020
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04/07AUTOZONE INC : Entry into a Material Definitive Agreement, Creation of a Direct ..
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04/07AutoZone Announces Actions In Response To COVID-19
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03/30AUTOZONE INC : Entry into a Material Definitive Agreement, Creation of a Direct ..
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03/26AUTOZONE INC : Other Events (form 8-K)
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03/17AUTOZONE : Management's Discussion and Analysis of Financial Condition and Resul..
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More news
Financials (USD)
Sales 2020 11 931 M - -
Net income 2020 1 495 M - -
Net Debt 2020 5 050 M - -
P/E ratio 2020 18,6x
Yield 2020 -
Capitalization 26 800 M 26 800 M -
EV / Sales 2019
EV / Sales 2020 2,67x
Nbr of Employees 75 840
Free-Float 98,8%
Chart AUTOZONE, INC.
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Technical analysis trends AUTOZONE, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 1 236,37 $
Last Close Price 1 147,86 $
Spread / Highest target 23,3%
Spread / Average Target 7,71%
Spread / Lowest Target -14,6%
EPS Revisions
Managers
NameTitle
William C. Rhodes Chairman, President & Chief Executive Officer
William T. Giles CFO, EVP-Finance & Information Technology
Ronald B. Griffin Chief Information Officer & Senior Vice President
Earl G. Graves Lead Independent Director
George Ralph Mrkonic Independent Director
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