AutoZone (AZO) Q1 FY2025 Earnings Breakdown

Key Highlights:

• Net Sales: $4.3 billion, a 2.1% increase year-over-year.
• Same Store Sales: Domestic: 0.3%, International: 1.0% (13.7% excluding currency fluctuations).
• Gross Profit Margin: 53.0%, a 16 basis point increase year-over-year.
• Operating Profit: $841.1 million, a 0.9% decrease year-over-year.
• Diluted EPS: $32.52, compared to $32.55 in the prior year.
• New Store Openings: 34 new stores opened during the quarter (23 U.S., 6 Mexico, 5 Brazil).
• Total Store Count: 7,387 as of November 23, 2024.
• Inventory: Increased 8.7% year-over-year, with net inventory per store at negative $166 thousand.
• Share Repurchases: 160 thousand shares repurchased for a total of $505.2 million.