AutoZone(US:AZO) ZACKS·2024-09-19 14:15Core 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]