Seeking Clues to AutoZone (AZO) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics

Core Viewpoint - Analysts project that AutoZone (AZO) will report quarterly earnings of $32.22 per share, reflecting a year-over-year decline of 0.9%, while revenues are expected to increase by 8.3% to $4.64 billion [1]. Earnings Projections - The consensus EPS estimate has been adjusted upward by 0.1% over the past 30 days, indicating a reassessment by analysts [1][2]. - Revisions to earnings projections are crucial for predicting investor behavior and stock price performance [2]. Revenue Estimates - Analysts estimate 'Net Sales- Auto Parts' will reach $4.61 billion, a 9.7% increase from the previous year [4]. - 'Net Sales- All Other' is projected at $85.83 million, reflecting a 7.4% year-over-year increase [4]. - 'Net Sales- Domestic Commercial sales' is expected to be $1.27 billion, marking a 12.7% rise from the prior year [4]. Store Metrics - Total square footage is estimated to be 52,372 thousand square feet, up from 49,781 thousand square feet a year ago [5]. - The total number of AutoZone stores is projected to be 7,711, compared to 7,387 in the same quarter last year [5]. - The number of domestic stores is expected to reach 6,659, an increase from 6,455 a year ago [6]. Performance Indicators - Analysts predict 'Square footage per store' will be 6.80 million, up from 6.74 million in the same quarter last year [6]. - The consensus for 'Sales per average square foot' stands at $89.16 thousand, compared to $85.00 thousand a year ago [6]. New Store Openings - The number of stores opened in Brazil is expected to be 6, up from 5 last year [7]. - In Mexico, the number of new stores is projected to reach 7, compared to 6 in the same quarter last year [7]. - Domestic store openings are estimated at 35, an increase from 23 in the same quarter last year [8]. Market Performance - Over the past month, AutoZone shares have returned +4.4%, outperforming the Zacks S&P 500 composite's +0.1% change [8].