Aftermarket Article in Forbes: “Cheapskate”

AutoZone (and aftermarket peers O’Reilly and Advance) had a long write-up in Forbes this weekend entitled: “Cheapskate.” The article talked about how AutoZone had great free cash flow metrics versus Advance and O’Reilly, but that the retailer (AutoZone) had failed to invest in their stores. As a result, or so the article goes, AutoZone’s shares have stalled over the past two and half years, while Advance and O’Reilly have seen their share price rise by 50%.

The article also talked about how the new CEO Bill Rhodes is reinvesting into the stores, w ...