NYSE$AZO

Autozone Inc · Q1 2025 earnings

Q1 2025 earnings · · Investor relations

Briefing

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

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.

Headline financials

Total Revenue

$4.28B

Previous: $4.19B+2.1%
EPS

$32.52

Previous: $32.55-0.1%
Gross Margin

53.0%

Previous: 52.8%+0.4%
Operating Expense Ratio

33.3%

Previous: 32.6%+2.1%
International Same Store Sales Growth

1.0%

No prior period
Total Company SSS Growth (Constant Currency)

1.8%

No prior period
Net Inventory per Store

-$166K

No prior period
Stores Opened, Net

34

No prior period
Domestic Same Store Sales Growth

0.3%

No prior period
International SSS Growth (Constant Currency)

13.7%

No prior period
Capital Expenditures

-$247M

Previous: -$235M-4.9%
Free Cash Flow

$318M

Previous: $358M-11.2%
Net Income

$565M

Previous: $593M-4.8%
Operating Income

$841M

Previous: $849M-0.9%
Gross Profit

$2.27B

Previous: $2.21B+2.4%
Cash & Equivalents

$304M

Previous: $283M+7.4%
Total Assets

$17.5B

Previous: $16.3B+7.2%

Revenue & EPS history

Autozone · Revenue · Quarterly

$4.28B

Q1 2025+2.1%vs Q1 2024
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Autozone · $1.4B total across 1 segment · Q3 2026

  • Domestic Commercial
    $1.4B

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.

Tailwinds

  • 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.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+0.2%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+1.1%

Avg return

30 days after

62%

44 / 71 earnings

Positive

+8.8%

Q3 2022

Best reaction

-10.4%

Q3 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026
Q2 2026-1.1%-6.2%-12.4%
Q1 2026-7.3%-8.5%-12.0%
Q4 2025+0.5%+1.9%-6.6%
Q3 2025-3.6%-2.4%-8.0%
Q2 2025-0.1%+3.9%+10.0%
Q1 2025+0.6%+1.4%-0.6%
Q4 2024+2.0%+4.8%+3.4%
Q3 2024-5.2%-4.5%+2.9%
Q2 2024+8.7%+9.6%+13.8%
Q1 2024+1.7%-1.6%-4.0%
Q4 2023+2.4%+1.9%-1.1%
Q3 2023-7.5%-6.1%-6.9%
Q2 2023-4.5%-2.9%-6.5%
Q1 2023-2.8%-2.8%-4.4%
Q4 2022-1.6%-3.2%+5.7%
Q3 2022+8.8%+13.9%+16.8%
Q2 2022+0.8%+1.5%+9.7%
Q1 2022+5.8%+6.5%+9.7%
Q4 2021+6.2%+6.9%+14.0%
Q3 2021-2.7%-2.9%+0.4%
Q2 2021+0.9%+4.3%+21.3%
Q1 2021-1.8%-0.2%+7.7%
Q4 2020-4.8%-4.3%-0.9%
Q3 2020+3.7%+2.2%-1.7%
Q2 2020+1.1%+1.3%-24.1%
Q1 2020+6.5%+5.7%-2.0%
Q4 2019-4.7%-5.4%-2.0%
Q3 2019+6.8%+7.6%+15.4%
Q2 2019+2.5%+4.5%+13.0%
Q1 2019+5.4%+5.5%+2.6%
Q4 2018+0.9%+3.0%-2.3%
Q3 2018-6.5%-4.7%+3.5%
Q2 2018-9.7%-9.9%-11.9%
Q1 2018-1.6%+1.7%+7.3%
Q4 2017-3.5%+1.9%+5.7%
Q3 2017-10.4%-6.7%-12.1%
Q2 2017-0.3%-2.1%-2.9%
Q1 2017+4.3%+3.4%+2.0%
Q4 2016-0.9%+3.7%-0.6%
Q3 2016+3.4%+3.2%+2.8%
Q2 2016+0.8%
Q1 2016+4.2%
Q4 2015+2.4%
Q3 2015-1.2%
Q2 2015+0.5%
Q1 2015+3.0%
Q4 2014-3.5%
Q3 2014-1.4%
Q2 2014+0.5%
Q1 2014+2.3%
Q4 2013+1.8%
Q3 2013+2.1%
Q2 2013-0.5%
Q1 2013-4.7%
Q4 2012+3.9%
Q3 2012+1.2%
Q2 2012+2.3%
Q1 2012-1.5%
Q4 2011+0.1%
Q3 2011-0.0%
Q2 2011+0.6%
Q1 2011+1.8%
Q4 2008+0.8%
Q4 2010+0.8%
Q4 2009+0.8%
Q3 2010+0.5%
Q3 2009+0.5%
Q2 2010+0.2%
Q2 2009+0.2%
Q1 2009+0.2%
Q1 2010+0.2%

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