Categories AlphaGraphs, Earnings, Retail
Key highlights from AutoZone’s (AZO) Q4 2024 earnings results
AutoZone, Inc. (NYSE: AZO) reported its fourth quarter 2024 earnings results today.
Net sales were $6.20 billion, up 9% from the same period last year. Same-store sales were up 0.7%.
Net income was $902.2 million compared to $864.8 million last year. EPS increased 11% year-over-year to $51.58.
Revenue and earnings missed estimates, causing the stock to fall over 2% in premarket hours on Tuesday.
During the quarter, AutoZone opened 68 new stores in the US, 31 in Mexico and 18 in Brazil for a total of 117 new stores.
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