AutoZone (AZO) - Serving The DIY Auto Parts Niche And Buying Back Lots Of Stock

AutoZone is an auto parts retailer that created a niche for itself throughout the 1980’s and 1990’s. Through catering to DIY’ers, they’ve established themselves as a go to source for auto parts and advice. Though relatively mature in the U.S. market, there has been gradual expansion into Mexico and Brazil. While this company pays no dividends, one of the more interesting facts about it is the significant amount of money it returns to shareholders through share buybacks. In t...