Form 8-K · Current Report · Filed 2024-12-10
AutoZone Announces Q1 FY2025 Financial Results
AutoZone, Inc. reported a slight decrease in net income for the first quarter of fiscal year 2025, ending November 23, 2024, to $564.9 million, compared to $593.5 million in the same period of the previous year. Net sales increased to $4.3 billion from $4.2 billion. Diluted earnings per share were $32.52, down from $32.55. The company also repurchased 160 thousand shares of its common stock at an average price of $3,156 under its share repurchase program. AutoZone opened 34 new stores in the U.S., Mexico, and Brazil during the quarter.
- Filer
- AutoZone Inc. AZO · NYSE
- Filed
- Accession
- 0001171843-24-006846
- CIK
- 0000866787
- Signal
- Low 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
$3,324.01
Next session
+0.6%
Since filing
-9.3%
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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