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Nov 23, 2024

Autozone Q1 2025 Earnings Report

AutoZone reported a net sales increase of 2.1% and EPS of $32.52 for the first quarter.

Key Takeaways

AutoZone reported a 2.1% increase in net sales, reaching $4.3 billion, and an EPS of $32.52 for its first quarter. The company saw improvements in DIY same store sales and domestic commercial sales, while international businesses continued to perform well. AutoZone opened 34 new stores during the quarter and repurchased 160 thousand shares of its common stock.

Net sales increased by 2.1% to $4.3 billion.

Domestic Commercial sales were up 3.2%.

EPS was $32.52 compared to $32.55 last year.

Opened 34 new stores: 23 in the U.S., 6 in Mexico, and 5 in Brazil.

Total Revenue
$4.28B
Previous year: $4.19B
+2.1%
EPS
$32.5
Previous year: $32.6
-0.1%
Same Store Sales Growth
1.8%
Previous year: 1.2%
+50.0%
Gross Margin
53%
Previous year: 52.8%
+0.4%
Operating Expense Ratio
33.3%
Previous year: 32.6%
+2.1%
Gross Profit
$2.27B
Previous year: $2.22B
+2.3%
Cash and Equivalents
$304M
Previous year: $304M
+0.0%
Free Cash Flow
$565M
Previous year: $565M
+0.0%
Total Assets
$17.5B
Previous year: $17.5B
+0.0%

Autozone

Autozone

Forward Guidance

AutoZone anticipates continued growth and is focused on improving customer service and growing market share. The company remains committed to increasing earnings and operating cash flow while delivering strong shareholder value.

Positive Outlook

  • Well positioned for growth heading into the remainder of the fiscal year.
  • Initiatives in place to improve customer service are on track.
  • Focus on growing market share.
  • Committed to increasing earnings.
  • Committed to increasing operating cash flow.