Blog / Credit Tenants

In addition to providing our latest thoughts on the economy, markets and investments in general, this section aggregates and organizes all of the latest content provided or referenced by 1031Gateway for your convenience. Access all of the latest economic blog posts, articles, recommending reading in one spot.


AutoZone

AutoZone Overview

(S&P Rating: BBB)

Founded in 1979, AutoZone is a leading retailer and distributor of aftermarket auto parts in the U.S., Mexico, Brazil, and Puerto Rico. The company employs 87,000 “AutoZoners” across 6,000+ retail stores and brought in a record $10.9 billion in sales during 2017 after opening two new distribution centers.


Key Financials (2017)

Total Revenue:$10.88 billion
Year-Over-Year Revenue Growth:2.38%
Gross Profit:$5.73 billion
Net Income:$1.28 billion

Company Information

The AutoZone logo, a rated credit tenant in 1031Gateway's 1031 Exchange Investing Articles

AutoZone operates by their operating theme: “YES! We’ve Got It”, a companywide commitment to putting customers first, knowing their parts and products, and having the best merchandise at the right price. Since 1986, the company has released its own “Duralast,” “Duralast Gold” and “Valucraft” product lines of tools, batteries, alternators, and more.

In 2017, AutoZone claimed the number one spot in Aftermarket Business World’s Top 25 Auto Chain report for the third straight year.  In 2018, the company specifically plans to continue to grow its business-to-business site autozonepro.com as well as its Interamerican Motor Corporation original equipment sales, a company they acquired in 2015.


Further Resources

  Company Site | Investor News & Annual Reports | NYSE: AZO

Want to gain access to real estate leased by AutoZone and our other credit tenants? Just fill out the form to the right.

Written By: Louis Swingrover




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