Swot Analysis : Autozone 's Gross Profit Essay
One area that AutoZone has been passionate about is providing their shareholders a profitable return. Therefore, under their share repurchase program, AutoZone repurchased thousands of shares of its common stock last year leaving the organization $698 million remaining under its current share repurchase authorization (AutoZone, 2016).
Earlier, AutoZone’s inventory initiative was mentioned. Thus, their inventory increased due to product placement and new locations during the last fiscal year. Net inventory, defined as merchandise inventories less accounts payable, on a per location basis was a negative $66 thousand versus negative $76 thousand last year (AutoZone, 2016). Clearly, the inventory initiative is returning favorable results.
A SWOT analysis evaluates an organization’s strengths, weaknesses, opportunities, and threats to help them decide which type of strategy they will…