earnings
confidence high
sentiment positive
materiality 0.75
AutoZone Q1 EPS $32.55, +18.6% YoY; net sales $4.2B, +5.1%
AUTOZONE INC
2024-Q1 EPS reported
$32.55
revenue$4,190,277,000
- Domestic same store sales +1.2%; international same store sales +25.1% (+10.9% constant currency).
- Gross margin 52.8%, up 279 bps driven by $83M non-cash LIFO favorability.
- Operating profit $848.6M (+17.4%); net income $593.5M (+10.0%).
- Repurchased 580K shares for $1.5B at avg price $2,590; $333.1M remains under authorization.
- Opened 25 net new stores; total store count 7,165 across U.S., Mexico, and Brazil.