Autozone Inc
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Consumer Discretionary : Specialty Retail | Mid Cap Blend
Company profile

AutoZone, Inc. is a retailer and distributor of automotive replacement parts and accessories in the United States. The Company operates through the Auto Parts Locations segment. The Auto Parts Locations segment is a retailer and distributor of automotive parts and accessories. As of February 10, 2018, the Company operated through 6,088 locations in the United States, Puerto Rico, Mexico and Brazil. The Company's stores carry product lines for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories and non-automotive products. The Company's other operating segments include ALLDATA, which produces, sells and maintains diagnostic and repair information software used in the automotive repair industry, and E-commerce, which includes direct sales to customers through www.autozone.com.

Closing Price
$1,248.33
Day's Change
0.31 (0.02%)
Bid
--
Ask
--
B/A Size
--
Day's High
1,249.36
Day's Low
1,238.13
Volume
(Above Average)
Volume:
257,431

10-day average volume:
217,947
257,431

UPDATE: Nikola's stock jumps after securing 2,500 electric garbage truck order

9:26 am ET August 10, 2020 (MarketWatch)
Print

Shares of Nikola Corp. (NKLA) shot up 14% in premarket trading Monday, after the electric truck maker confirmed it secured an order to maker at least 2,500 electric garbage trucks for Republic Services Inc. (RSG) for an undisclosed amount. The company said it expects to begin testing the trucks in early 2022, with full production deliveries in 2023. According to a report in The Wall Street Journal (https://www.wsj.com/articles/nikola-wins-order-for-2-500-electric-garbage-trucks-11597063801?mod=searchresults&page=1&pos=1), the battery-powered trucks Nikola will make can travel 150 miles on a charge. Although the price of the trucks in the Republic Services order isn't disclosed, Founder Trevor Milton told the WSJ that the company is committed to a price tag under $500,000 per vehicle, which is the going rate for electric garbage trucks currently sold by Nikola's competitors. Nikola's stock has more than doubled (up 122%) over the past three months through Friday, while the S&P 500 has gained 14.4%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

August 10, 2020 09:26 ET (13:26 GMT)

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