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Company Interview Excerpt
STEVE ODLAND - AUTOZONE INC (AZO)
Full article published: 2/27/2002    


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TWST: Could we start with a brief overview of the history and evolution of AutoZone, Inc.?
Mr. Odland: AutoZone was founded in 1979 with one store in Forrest City, Arkansas. We were part of the Malone & Hyde grocery business at that point, and continued to grow over a period of time by adding stores that we built. We were spun off as a private company from Malone & Hyde just before Malone & Hyde was sold to Fleming. AutoZone became a public company in 1991. Today, AutoZone is a 5 billion company with more than 3,000 stores in the United States and 22 stores in Mexico. We have approximately 45,000 AutoZoners, as we call them, and in 2001, AZO shares were among the top five performers among the entire S&P 500. We were named to the S&P 500 in 1996. We are also a Fortune 500 company.

TWST: Who makes up your main competition in this space at this point?
Mr. Odland: We compete with mass retailers as well as those who focus on auto parts retail.

Tickers included in this excerpt: AZO

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For more information call (212) 952 7400. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.

 

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