- AutoZone’s comparable sales increased by 0.4%, below the estimated 0.45% and significantly less than last year’s 3.4% growth.
- Domestic comparable sales rose by just 0.3% against a forecast of 0.74% and last year’s 1.2% growth.
- International comparable sales grew by 1%, far below the previous year’s impressive 25.1% increase and narrowly missing the 1.02% estimate.
- Earnings per share amounted to $32.52, slightly under the previous year’s $32.55.
- Net sales reached $4.28 billion, a 2.1% year-over-year growth, falling short of the $4.3 billion estimate.
- Domestic Commercial Sales were $1.13 billion, reflecting a 3.2% year-over-year increase, below the expected $1.15 billion.
- Auto Parts Sales totaled $4.20 billion, marking a 2% growth compared to last year, under the estimated $4.23 billion.
- Operating profit was $841.1 million, a 0.9% decrease year-over-year, missing the $848.3 million estimate.
- Gross margin improved to 53%, which was better than the estimate of 52.8% and last year’s 52.8%.
- Inventory per location was $0.85 million, surpassing the estimate of $0.84 million and representing a 5.3% year-over-year increase.
- Total location count stood at 7,387, slightly below the estimated 7,393 but a 0.5% increase quarter-over-quarter.
- Retail space expanded to 49.78 million square feet, exceeding the estimate of 49.70 million and reflecting a 3.6% increase year-over-year.
- Analyst ratings include 21 buys, 5 holds, and 2 sells.
Autozone Inc on Smartkarma
Analyst coverage of AutoZone Inc on Smartkarma reveals positive sentiments from Baptista Research. In their report titled “AutoZone Inc.: Tackling The International Market Dynamics & FX Impact! – Major Drivers,” they highlight the company’s robust performance in the fourth quarter of fiscal year 2024. AutoZone Inc saw a significant increase in sales and implemented growth strategies in both domestic and international operations. Total sales surged by 9% in the fourth quarter, with earnings per share (EPS) rising by 11%. The analysts attributed these results to AutoZone’s focus on customer service excellence and strategic expansion, particularly in commercial sales and international operations.
A look at Autozone Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 0 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
AutoZone, Inc., a specialty retailer of automotive replacement parts and accessories, has a positive long-term outlook based on Smartkarma Smart Scores. With a strong Growth score of 4 and Resilience score of 5, the company shows promising signs for future expansion and sustainability despite market fluctuations. Additionally, a Momentum score of 4 indicates that AutoZone is building positive traction in the market, reflecting investor interest and potential for continued growth. Although the company’s Value score is relatively low at 0, the overall outlook remains favorable due to its high scores in Growth, Resilience, and Momentum.
Based in the United States and Puerto Rico, with operations in Mexico, AutoZone caters to a wide range of vehicles, offering new and remanufactured automotive parts, maintenance items, accessories, and non-automotive products. With a focus on continual growth and adaptability, coupled with strong resilience in the face of challenges, AutoZone Inc. is well-positioned to capitalize on future opportunities in the automotive retail sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
