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AutoZone Q4 Earnings Miss Expectations, Sales Increase Y/Y
AZOAutoZone(AZO) ZACKS·2024-09-25 15:05

AutoZone Inc. (AZO) reported earnings of 48.11pershareforfourthquarterfiscal2024(endedAug.31,2024),up3.548.11 per share for fourth-quarter fiscal 2024 (ended Aug. 31, 2024), up 3.5% year over year. However, earnings missed the Zacks Consensus Estimate of 53.31 per share. Net sales grew 9% year over year to 6.20billion.ThetoplinesurpassedtheZacksConsensusEstimateof6.20 billion. The top line surpassed the Zacks Consensus Estimate of 6.18 billion.In the reported quarter, domestic commercial sales totaled 1.66billion,upfrom1.66 billion, up from 1.50 billion recorded in the year-ago period. Domestic same-store sales (sales at stores open at l ...