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AZO Earnings: Key quarterly highlights from AutoZone’s Q1 2023 financial results

AutoZone, Inc. (NYSE: AZO) reported first quarter 2023 earnings results today.

Net sales increased 8.6% year-over-year to $4 billion. Domestic same-store sales increased 5.6%.

Net income decreased 2.9% to $539.3 million, while EPS increased 6.9% to $27.45 versus the year-ago period.

At quarter-end, AutoZone had a total store count of 6,978.

Prior performance

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