earnings
confidence high
sentiment positive
materiality 0.75
AutoZone Q3 sales $3.9B (+5.9% YoY), EPS $29.03 (+9.6%), same-store sales +2.6%
AUTOZONE INC
2022-Q3 EPS reported
$76.90
revenue$10,903,875,000
- Net sales $3.9B (+5.9% YoY); domestic same-store sales +2.6%.
- Diluted EPS $29.03, up 9.6% from $26.48; net income $592.6M (-0.6% YoY).
- Gross margin 51.91% (-54 bps); operating profit $785.7M (-2.2%).
- Repurchased 449k shares for $900M at avg $2,006/share; $2.058B remaining authorization.
- Commercial sales accelerated +26.0%; inventory +13.9% due to inflation.