AutoZone (AZO), Signet Jewlers (SIG): Big Earnings Beat & How To Trade

AutoZone (AZO) achieved record sales of $16.3B in fiscal 2022, says Paul McCarthy. He discusses AZO as its earnings were released December 6th, premarket. He also talks about how its 1Q same-store sales were up 5.6%. He also notes that AZO bought back 932,000 shares for $900M in 1Q. He also discusses Signet Jewlers (SIG) whose 3Q revenue came in at $1.58B versus an estimated $1.47B, and it raised its full-year guidance. Tom White then joins to demonstrate example trades using AZO and SIG. Tune in to find out more about the stock market today.