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May 07, 2022

Autozone Q3 2022 Earnings Report

AutoZone reported a sales increase and an EPS increase in the third quarter of 2022.

Key Takeaways

AutoZone reported a 5.9% increase in net sales, reaching $3.9 billion. Same store sales increased by 2.6%. Diluted earnings per share increased by 9.6% to $29.03.

Net sales increased by 5.9% to $3.9 billion.

Domestic same store sales increased by 2.6%.

Commercial sales growth accelerated to 26.0%.

Diluted earnings per share increased by 9.6% to $29.03.

Total Revenue
$3.87B
Previous year: $3.65B
+5.9%
EPS
$29
Previous year: $26.5
+9.6%
Same Store Sales Growth
2.6%
Previous year: 28.9%
-91.0%
Gross Margin
51.91%
Previous year: 52.4%
-0.9%
Operating Expense Ratio
31.58%
Previous year: 30.4%
+3.9%
Gross Profit
$0.519
Previous year: $1.94B
-100.0%
Cash and Equivalents
$263M
Previous year: $976M
-73.0%
Free Cash Flow
$682M
Previous year: $1.05B
-35.2%
Total Assets
$14.5B
Previous year: $14.1B
+2.7%

Autozone

Autozone