AutoZone Capitalizes on a Do-It-Yourself Boom

AutoZone Capitalizes on a Do-It-Yourself Boom

Auto parts retailer AutoZone (NYSE: AZO) ended its fiscal 2020 year in a high performance "zone" as its fourth-quarter results, issued Tuesday, attested. AutoZone's net sales increased by 14% year over year to $4.5 billion. According to CEO Bill Rhodes, this was the largest same-store sales leap in the company's history.