NYSE$AZO

Autozone Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

AutoZone reported an increase in net sales and earnings per share for the fourth quarter of fiscal year 2021.

AutoZone reported a strong fourth quarter with net sales increasing by 8.1% to $4.9 billion and diluted earnings per share increasing by 15.5% to $35.72. Domestic same store sales increased by 4.3%, and commercial business growth was exceptionally strong at 21.2%. The company opened 76 new stores in the U.S., 29 in Mexico, and 5 in Brazil during the quarter.

  • Net sales increased by 8.1% to $4.9 billion compared to the fourth quarter of fiscal 2020.
  • Domestic same store sales increased by 4.3% for the quarter.
  • Diluted earnings per share increased by 15.5% to $35.72 from $30.93 in the year-ago quarter.
  • The company repurchased 592 thousand shares of its common stock for $900 million during the fourth quarter.

Headline financials

Total Revenue

$4.91B

Previous: $4.55B+8.1%
EPS (adj)

$35.72

Previous: $30.93+15.5%
Gross Margin

52.3%

No prior period
Operating Expense Ratio

31.0%

No prior period
Capital Expenditures

$246M

Previous: $184M+33.9%
Free Cash Flow

$1.04B

Previous: $1.23B-15.5%
Net Income

$786M

Previous: $741M+6.1%
Operating Income

$1B

Previous: $1B+0.0%
Gross Profit

$2.56B

Previous: $2.39B+7.3%
Cash & Equivalents

$1.17B

Previous: $1.75B-33.1%
Total Assets

$14.5B

Previous: $14.4B+0.6%

Revenue & EPS history

Autozone · Revenue · Quarterly

$4.91B

Q4 2021+8.1%vs Q4 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

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

  • Domestic Commercial
    $1.4B

Forward guidance

AutoZone remains committed to helping AutoZoners during these difficult times and will take nothing for granted while striving for continued sales growth in fiscal 2022. The company remains committed to its long-term, disciplined approach of increasing operating earnings and cash flow while utilizing its balance sheet effectively.

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 Q4 2021

Historical avgQ4 2021

+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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