Panelists Garrett Nelson and Seth Basham break down key takeaways from AutoZone's earnings. Nelson discusses the CFRA's buy rating on the auto part retailer, highlighting same-store-sales did not slow as much as anticipated and record-high U.S. vehicle age has become a powerful secular demand driver. Basham also looks at AutoZone's strong quarter, noting the company's continued investments in commercial growth going forward, which will aid its long-term growth rate.
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