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Did AutoZone buy Carquest?

Emily
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AutoZone, Inc. (NYSE: AZO) announced today that it has completed the acquisition of Carquest Auto Parts from Advance Auto Parts, Inc. (NYSE: AAP). Carquest is a leading provider of aftermarket automotive parts and services with more than 4,000 stores in the United States, Canada, Puerto Rico and the U.S. Virgin Islands.

“We are excited to welcome Carquest stores, customers and employees to the AutoZone family,” said Bill Rhodes, Chairman, President and CEO of AutoZone. “This transaction strengthens our position as the leading retailer and distributor of automotive replacement parts and accessories in North America.”

“We are also pleased to have completed this transaction ahead of schedule and under budget,” said Jamere Jackson, Senior Vice President – Finance, Chief Financial Officer and Treasurer of AutoZone.

AutoZone expects the acquisition to be accretive to earnings per share in fiscal 2019.

Did AutoZone buy Carquest?

Yes, AutoZone Inc. has completed the acquisition of Carquest Auto Parts from Advance Auto Parts Inc.

7 Related Question Answers Found

Does AutoZone make car keys?

AutoZone is one of the leading retailers of auto parts and accessories in the United States. The company offers a wide variety of products for all makes and models of vehicles. One of the products that AutoZone offers is car keys.

Are Carquest and AutoZone the same?

Carquest and AutoZone are two of the biggest names in the automotive parts and supplies industry. Both companies offer a wide range of products for both do-it-yourselfers and professional mechanics. But are they the same?

Does Autozone buy car parts?

AutoZone is one of the largest retailers of automotive parts and accessories in the United States. Founded in 1979, AutoZone has over 5,000 stores across the country. While AutoZone does not buy car parts outright, they do offer a wide variety of services to their customers.

Does AutoZone make copies of car keys?

AutoZone is a retailer of automotive parts and accessories, and one of the largest in the United States. The company offers a wide variety of services, including key copying. So, does AutoZone make copies of car keys?

Does AutoZone let you borrow code reader?

AutoZone is one of the leading auto parts retailers in the United States. The company offers a wide variety of services, including a code reader borrowing program. The code reader borrowing program is a great service for those who need a code reader but do not want to purchase one outright.

Does AutoZone install car stereo?

AutoZone is one of the largest retailers of auto parts and accessories in the United States. They offer a wide variety of products for all makes and models of vehicles. Many people are familiar with AutoZone as a place to buy replacement parts for their car, but they may not know that AutoZone also offers a wide range of services, including installation of car stereo systems.

Does Autozone sell AC Delco?

AutoZone is an American retailer of aftermarket automotive parts and accessories, the largest in the United States. Founded in 1979, AutoZone has over 6,000 stores across the United States, Mexico, and Brazil. The company is based in Memphis, Tennessee.
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Emily
Emily is a content researcher who is passionate about finding and sharing information. She has a keen eye for detail and enjoys delving into the depths of a topic to find the most interesting and relevant information.
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