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News  ›  Benzinga

AutoZone's Domestic 'Do It For Me' Business Driving Market Share Gains

Benzinga Logo Benzinga By Lekha Gupta
AutoZone's Domestic 'Do It For Me' Business Driving Market Share Gains

Goldman Sachs upgraded AutoZone to Buy, citing strong domestic 'Do It For Me' business performance with double-digit same-store sales growth and potential market share gains.

Insights
GOOG   neutral

Mentioned in context of competitive smartphone marketing, specifically the Pixel 10 ad targeting Apple's perceived lack of innovation


AZO   positive

Analyst upgraded to Buy, highlighted double-digit same-store sales growth (12.5% y/y), transaction growth (+6.2%), expanded megahubs, increased commercial program penetration, and strong purchasing scale