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AutoZone logoAutoZone AZO

The company said net sales for the 17-week Q4 were $6.2 billion, up 9.0% from the Q4 (16 weeks) of last year. It said adjusted sales, excluding the additional 1 week included in this year's quarter, rose 2.6%.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said net sales for the 17-week Q4 were $6.2 billion, up 9.0% from the Q4 (16 weeks) of last year. It said adjusted sales, excluding the additional 1 week included in this year's quarter, rose 2.6%.

  2. AutoZone said net income for Q4 was $902.2 million, compared with $864.8 million in the same period last year, and diluted earnings per share rose 11.0% to $51.58. Operating profit for Q4 increased 6.1% to $1.3 billion.

  3. The company said gross margin for Q4 was 52.5%, down 21 basis points from last year. It cited a 53 basis points non-cash LIFO impact, as there was no LIFO benefit in the current year compared with a $30 million benefit last year, as the main factor.

  4. The company said it repurchased 1.1 million shares for an average price of $2,759, for a total investment of $3.2 billion, during the fiscal year. It said $2.2 billion remained under its current share repurchase authorization as of year end.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AutoZone Q4 (17 weeks) net sales $6.2 billion; up 2.6% excluding the additional 1 week

The company said net sales for the 17-week Q4 were $6.2 billion, up 9.0% from the Q4 (16 weeks) of last year. It said adjusted sales, excluding the additional 1 week included in this year's quarter, rose 2.6%.

Source · Based on the filing body and exhibits

AutoZone Q4 net income $902.2 million; diluted EPS $51.58

AutoZone said net income for Q4 was $902.2 million, compared with $864.8 million in the same period last year, and diluted earnings per share rose 11.0% to $51.58. Operating profit for Q4 increased 6.1% to $1.3 billion.

Source · Based on the filing body and exhibits

AutoZone Q4 gross margin 52.5%; non-cash LIFO impact 53 basis points

The company said gross margin for Q4 was 52.5%, down 21 basis points from last year. It cited a 53 basis points non-cash LIFO impact, as there was no LIFO benefit in the current year compared with a $30 million benefit last year, as the main factor.

Source · Based on the filing body and exhibits

AutoZone full-year buybacks $3.2 billion; remaining authorization $2.2 billion

The company said it repurchased 1.1 million shares for an average price of $2,759, for a total investment of $3.2 billion, during the fiscal year. It said $2.2 billion remained under its current share repurchase authorization as of year end.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.