AutoZone Gears Up to Report Q3 Earnings: Here's What to Expect

Core Viewpoint - AutoZone, Inc. is expected to report its third-quarter fiscal 2025 results on May 27, with earnings per share (EPS) estimated at $36.78 and revenues at $4.4 billion, reflecting a 0.25% growth year-over-year [1][2]. Financial Performance - The Zacks Consensus Estimate for AutoZone's quarterly revenues indicates a year-over-year growth of 3.95% [2]. - In the second quarter of fiscal 2025, AutoZone's adjusted EPS was $28.29, missing the consensus estimate of $29.16 and decreasing from $28.89 in the prior year. Net sales were reported at $3.95 billion, missing the estimate of $3.99 billion but showing a 2.4% increase year-over-year [2]. Growth Prospects - AutoZone has achieved record sales for 35 consecutive years, with fiscal 2024 revenues of $18.5 billion, representing a 5.7% year-over-year increase. The company anticipates continued growth in fiscal 2025, driven by strong DIY and commercial business performance, with same-store sales growth expected to be 1.3% in the fiscal third quarter [3][5]. - The expansion of mega hubs is enhancing AutoZone's market penetration, with 111 mega hub locations established by the end of the second quarter of fiscal 2025. The company plans to open at least 19 more locations in the latter half of fiscal 2025 and around 100 international stores [4]. Earnings Expectations - The company's earnings model suggests a potential earnings beat for the upcoming quarter, supported by a positive Earnings ESP of +0.28% and a Zacks Rank of 3 (Hold) [6][7].