Autozone is... in the zone with positive data trends after beating earnings
After what's being considered a stellar earnings call, which you can read more about here, AutoZone ($NYSE:AZO) is seeing its stock hit a series of of all-time highs. Meanwhile, our alternative data focused on workforce growth, retail outlay, hiring, and social all hint that the auto-parts retailer could stay in the zone for much longer. So if you're an AutoZone fan, employee, or investor, you should be thrilled with what we're about to show you.
If you're an AutoZone competitor, look away.
During late 2015 early 2016, the total staff count hovered under 10,000 employees, going up and down slightly. The stock price did the same thing, just kind of lingered around for a few years.
But once there started to be an uptick in the number of AutoZone stores, the hiring just kept climbing nonstop, and the stock soon followed.
AutoZone remarkably has a firm hold on its job openings. It's able to keep a steady, reliable 30,000 listings up at any given time, covering the roughly 6,000 stores, which is a very healthy sign that also contributes to this being a rock-solid stock.
The Autozone Twitter account has also managed to double its following since we started tracking the data in 2015. For a brand that isn't the most inherently exciting for social media, they're doing a good job of steadily maintaining value, jobs, and followers. Give credit where credit is due though, whoever is replying to people on this account is doing a damn fine job.
AutoZone's 'Were Here' Count on Facebook is a measurement of how often users make posts or comment while at certain locations. This indicates continued growth in terms of foot traffic and customers for AutoZone.
About the Data:
Thinknum tracks companies using the information they post online - jobs, social and web traffic, product sales and app ratings - and creates data sets that measure factors like hiring, revenue and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales.