Jump to content
This Topic

  • Welcome to Auto Parts Forum

    Whether you are a veteran automotive parts guru or just someone looking for some quick auto parts advice, register today and start a new topic in our forum. Registration is free and you can even sign up with social network platforms such as Facebook, X, and LinkedIn. 

     

AutoZone Fiscal Q3 Sales Jump 6%

Counterman

By Counterman
in Auto Parts News

 Share

Recommended Posts

Counterman Contributor

Counterman

Posted
Posted

AutoZone reported net sales of $4.1 billion for its fiscal third quarter, a 5.8% year-over-year increase. The quarter ended May 6.

Domestic same-store sales, or sales for stores open at least one year, increased 1.9% for the quarter.

“I would like to congratulate and thank our entire organization for delivering solid earnings in our third fiscal quarter,” AutoZone CEO Bill Rhodes said. “The hard work of our AutoZoners and their dedication to providing superior customer service, again drove our quarterly performance. While weaker-than-expected sales for the month of March meaningfully affected our results this quarter, we are excited about our initiatives and believe we are well-positioned for future growth.”

Operating profit increased 9.3% to $858.5 million.

AutoZone said its inventory increased 7.4% over the same period last year, driven by inflation and its growth initiatives.

During the quarter, AutoZone opened 22 new stores in the United States, six in Mexico and two in Brazil. As of May 6, the company had 6,248 stores in the United States, 713 in Mexico and 83 in Brazil for a total store count of 7,044.

The post

link hidden, please login to view
appeared first on
link hidden, please login to view
.

link hidden, please login to view

Sell your car with CarBrain

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing

  • Similar Topics

    • Counterman
      Frenkit Adds Nearly 1,000 Kits, Now Covering 95% of U.S. Sales
      By Counterman
      Frenkit, a European brake hardware supplier, is expanding coverage for the North American aftermarket. Featuring proprietary rubber components manufactured at its facilities in Spain and India, the company said it now offers U.S. customers nearly 4,500 different brake hardware kits, covering 95% of U.S. aftermarket sales.

      link hidden, please login to view said its program includes hardware kits for both disc and drum brakes, caliper pistons, brake caliper repair kits, electronic parking brake kits and more. The company said its portfolio is comprised of more than 12,000 different components covering 50,000 parts cross-referenced to OE. Frenkit added that its catalog is fully ACES and PIES compliant and FMSI-indexed. The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
    • AutoZone
      AutoZone 2nd Quarter Total Company Same Store Sales Increase 2.9%; Domestic Same Store Sales Increase 1.9%; EPS of $28.29
      By AutoZone
      MEMPHIS, Tenn. , March 04, 2025 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $4.0 billion for its second quarter (12 weeks) ended February 15, 2025 , an increase of 2.4% from the second quarter of fiscal 2024 (12 weeks). Same store sales, or sales for our domestic and
      link hidden, please login to view
    • AutoZone
      AutoZone to Release Second Quarter Fiscal 2025 Earnings March 4, 2025
      By AutoZone
      MEMPHIS, Tenn. , Feb. 03, 2025 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), the leading retailer and distributor of automotive replacement parts and accessories in the Americas , will release results for its second quarter ended Saturday, February 15, 2025 , before market open on Tuesday, March
      link hidden, please login to view
    • Counterman
      AutoZone Announces Organizational Changes
      By Counterman
      link hidden, please login to view announced the promotions of two company vice presidents to senior vice presidents. Bailey Childress, vice president, merchandising, has been promoted to senior vice president, omnichannel and merchandising support, and Luke Rauch, vice president, merchandising, has been promoted to senior vice president, merchandising and global sourcing. Childress and Rauch will join the company’s Executive Committee and report to Bill Hackney, executive vice president, merchandising, marketing and supply chain.
      “We are very pleased to announce these promotions,” said Phil Daniele, president and CEO. “Bailey is a proven leader who has delivered outstanding results throughout his career at
      link hidden, please login to view. Luke is an experienced lead merchant who brings a remarkable track record of results across multiple industries to the role. Both are well-positioned to help AutoZone continue serving customers and driving accelerated growth for many years to come.” The post
      link hidden, please login to view appeared first on link hidden, please login to view.
      link hidden, please login to view
    • AutoZone
      AutoZone Announces Organizational Changes
      By AutoZone
      MEMPHIS, Tenn. , Dec. 19, 2024 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today announces two Senior Vice President promotions. Bailey Childress , Vice President, Merchandising, has been promoted to Senior Vice President, Omnichannel and Merchandising Support, and Luke Rauch , Vice President,
      link hidden, please login to view

×
×
  • Create New...