Form 8-K · Current Report · Filed 2024-09-24
AutoZone Reports Strong 4th Quarter and Full Year 2024 Financial Results
AutoZone, Inc. reported solid financial results for the fourth quarter and full fiscal year 2024, with net sales of $6.2 billion for the quarter and $18.5 billion for the year, showing growth of 9.0% and 5.9% respectively. The company's diluted earnings per share increased by 11.0% for the quarter to $51.58 and by 13.0% for the year to $149.55. The company also repurchased 244 thousand shares of its common stock during the quarter at an average price of $2,915.
- Filer
- AutoZone Inc. AZO · NYSE
- Filed
- Accession
- 0001171843-24-005333
- CIK
- 0000866787
- Signal
- Medium impactConsumer Cyclical
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$3,048.82
Next session
+2.0%
Since filing
-1.1%
Latest close
$3,016.25
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Precedent
Previous filings from AZO reporting the same item, with the next session's move:
Exhibits (1)
About AutoZone Inc.
AutoZone Inc. is a leading retailer and distributor of automotive replacement parts and accessories in the United States. Established in 1979, the company has grown to become a vital player in the automotive aftermarket industry. AutoZone primarily serves the do-it-yourself (DIY) market segment, providing products ranging from auto parts like batteries, brakes, and engine components to accessories such as car care, fluids, and interior items. Additionally, AutoZone offers commercial sales programs for professional mechanics and repair shops, enhancing its role in the automotive ecosystem. The company operates a vast network of stores across North America and has a notable presence in Mexico and Brazil. AutoZone's commitment to customer service, extensive product selection, and operational efficiency underline its market significance. It continually invests in technological advancements like its online platform, supporting both retail and commercial customers with seamless service experiences. AutoZone Inc.'s sustained growth and adaptability highlight its importance within the retail sector and the broader automotive maintenance and repair market.
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