AutoZone, Inc. (NYSE: AZO ) is still one of our favorite long-term holdings. After all of this time, the story just has not changed. The reason we love AutoZone is that the company is a compounder that Looking for gains? Get our best ideas, and do so before prices rise! We invite you to try our service before prices go up October 1st by $150 a year. And if you act now and you can lock in 75% of savings versus the $1,668 some members pay, for our fall sale which will end this week. Get direct access to our f ...

Key TakeawaysAutoZone missed fourth-quarter profit and sales estimates as higher costs and weaker consumer discretionary spending hurt results.Domestic same-store sales were up just 0.2%, but they jumped 4.9% internationally.AutoZone added 117 new stores in the quarter. Auto parts retailer AutoZone (AZO) posted worse-than-expected quarterly results Tuesday as costs rose and the company faced a decline in American customers' discretionary spending. However, it got a boost from store expansion. AutoZone repor ...

For the quarter ended August 2024, AutoZone (AZO) reported revenue of $6.21 billion, up 9.1% over the same period last year. EPS came in at $48.11, compared to $46.46 in the year-ago quarter.The reported revenue represents a surprise of +0.37% over the Zacks Consensus Estimate of $6.18 billion. With the consensus EPS estimate being $53.31, the EPS surprise was -9.75%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their n ...

| --- | --- | --- | |-------|-------|-------| | | | ani | | | // | | | | LTHE/ | | | | | | 4th Quarter Earnings Release, FY2024 AUTOZONE, INC., © 2024 ALL RIGHTS RESERVED. Forward-Looking Statements Certain statements herein constitute forward-looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and typically use words such as "believe," "anticipate," "should," "intend," "plan," "will," "expect," "estimate," "project," "positioned," "strat ...

AutoZone (AZO) came out with quarterly earnings of $48.11 per share, missing the Zacks Consensus Estimate of $53.31 per share. This compares to earnings of $46.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.75%. A quarter ago, it was expected that this auto parts retailer would post earnings of $35.67 per share when it actually produced earnings of $36.69, delivering a surprise of 2.86%.Over the last four quarters, the ...

EXHIBIT 99.1 AutoZone 4th Quarter Total Company Same Store Sales Increase 1.3%; Domestic Same Store Sales Increase 0.2%; 4th Quarter EPS Increases to $51.58; Annual Sales of $18.5 Billion MEMPHIS, Tenn., Sept. 24, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $6.2 billion for its fourth quarter (17 weeks) ended August 31, 2024, an increase of 9.0% from the fourth quarter of fiscal 2023 (16 weeks). Excluding sales from the additional week included in this year's quarter, adj ...

MEMPHIS, Tenn., Sept. 24, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $6.2 billion for its fourth quarter (17 weeks) ended August 31, 2024, an increase of 9.0% from the fourth quarter of fiscal 2023 (16 weeks). Excluding sales from the additional week included in this year’s quarter, adjusted sales were up 2.6%. Same store sales, or sales for our domestic and international stores open at least one year, are computed on a 16-week and 52-week basis and are as follows:       ...

AutoZone, Inc. AZO will release earnings results for its fourth quarter fiscal 2024, before the opening bell on Tuesday, Sept. 24.Analysts expect the Memphis, Tennessee-based company to report quarterly earnings at $53.69 per share, up from $46.46 per share in the year-ago period. AutoZone is projected to post quarterly revenue of $6.23 billion, compared to $5.69 billion a year earlier, according to data from Benzinga Pro.On June 19, AutoZone’s board approved an additional $1.5 billion share repurchase.Auto ...

Core Viewpoint - Analysts expect AutoZone to report quarterly earnings of $53.61 per share, reflecting a year-over-year increase of 15.4%, with revenues projected at $6.2 billion, up 9% from the previous year [1] Group 1: Earnings and Revenue Estimates - The consensus EPS estimate for the quarter has not changed over the past 30 days, indicating stability in analyst projections [1] - Analysts forecast 'Net Sales- Auto Parts' to be $6.12 billion, representing a year-over-year increase of 9.4% [2] - The estimate for 'Net Sales- All Other' is $107.29 million, suggesting a 6% year-over-year change [2] - 'Net Sales- Domestic Commercial sales' is estimated at $1.69 billion, indicating a 12.5% increase from the previous year [2] Group 2: Store Metrics - Analysts predict 'Total Square Footage' to reach 49,220.86 Ksq ft, up from 47,899 Ksq ft a year ago [3] - The estimated number of 'Total Auto-Zone Stores' is 7,334, compared to 7,140 in the same quarter last year [3] - The 'Number of stores - Domestic' is expected to be 6,427, an increase from 6,300 a year ago [3] - 'Sales per average square foot' is projected to be $124.70 thousand, up from $118 thousand in the previous year [3] - The 'Square footage per store' is estimated at 6,716.46 thousand, compared to 6.71 million last year [3] Group 3: Store Openings - The 'Number of stores - Opened-Mexico' is forecasted to be 27, unchanged from the previous year [4] - Analysts expect 'Number of stores - Opened-Domestic' to reach 58, up from 53 in the same quarter last year [4] - The 'Number of stores - Brazil' is projected to be 124, an increase from 100 a year ago [4] - The 'Number of stores - Mexico' is expected to reach 790, compared to 740 last year [4] Group 4: Stock Performance - Over the past month, AutoZone shares have returned -4%, while the Zacks S&P 500 composite has returned +1.3% [4]

In the latest trading session, AutoZone (AZO) closed at $3,078.31, marking a -0.73% move from the previous day. This change lagged the S&P 500's 0.03% gain on the day. On the other hand, the Dow registered a loss of 0.04%, and the technology-centric Nasdaq increased by 0.2%.The auto parts retailer's stock has dropped by 2.24% in the past month, falling short of the Retail-Wholesale sector's gain of 4.37% and the S&P 500's gain of 1.54%.Analysts and investors alike will be keeping a close eye on the performa ...