NYSE$AZO

Autozone Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

AutoZone reported a sales increase of 9.0% and EPS increased to $51.58.

AutoZone reported a solid fourth quarter with a 9.0% increase in net sales to $6.2 billion and a diluted earnings per share increase of 11.0% to $51.58. The company opened 117 new stores during the quarter and repurchased 244 thousand shares of its common stock.

  • Net sales increased by 9.0% to $6.2 billion compared to the fourth quarter of fiscal 2023.
  • Diluted earnings per share increased by 11.0% to $51.58.
  • Same store sales increased by 1.3%.
  • The company opened 117 new stores during the quarter.

Headline financials

Total Revenue

$6.21B

Previous: $5.69B+9.0%
EPS (adj)

$51.58

Previous: $46.46+11.0%
Gross Margin

52.5%

Previous: 52.7%-0.4%
Operating Expense Ratio

31.6%

Previous: 31.2%+1.3%
Capital Expenditures

-$347M

Previous: $366M-194.7%
Net Income

$902M

Previous: $865M+4.3%
Operating Income

$1.3B

Previous: $1.2B+8.3%
Gross Profit

$3.26B

Previous: $3B+8.4%
R&D Expense

$0.00

No prior period

Revenue & EPS history

Autozone · Revenue · Quarterly

$6.21B

Q4 2024+9%vs Q4 2023
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 is focused on improving inventory availability, accelerating the domestic commercial business, growing international businesses, and delivering great customer service. The company remains committed to increasing earnings and cash flow while delivering strong shareholder value.

Tailwinds

  • Improving inventory availability
  • Accelerating domestic commercial business
  • Growing international businesses
  • Delivering great customer service
  • Increasing earnings and cash flow

Headwinds

  • Business is challenged by deferrals across discretionary merchandise categories domestically
  • Currency rate moves slowed sales and earnings growth
  • Product demand due to changes in fuel prices, miles driven or otherwise
  • Weather, including extreme temperatures and natural disasters
  • Competition

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 2024

Historical avgQ4 2024

+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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