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Aug 29, 2020
Autozone Q4 2020 Earnings Report
AutoZone reported a strong fourth quarter with significant growth in same store sales and earnings per share.
Key Takeaways
AutoZone's Q4 2020 saw net sales increase by 14.0% to $4.5 billion, with a same-store sales increase of 21.8%. Diluted earnings per share increased by 36.9% to $30.93. The company opened 65 new stores across the U.S., Mexico, and Brazil.
Net sales increased by 14.0% to $4.5 billion.
Domestic same store sales increased by 21.8%.
Diluted earnings per share increased by 36.9% to $30.93.
Operating profit increased by 30.4% to $1.0 billion.
Autozone
Autozone
Forward Guidance
AutoZone anticipates continued uncertainty in fiscal year 2021 but remains confident in its team's ability to adapt and provide exceptional customer service.