AI English summary of an SEC filing — figures as filed
AutoZone AZOThe company said net sales of $4.6 billion for the Q1 12-week period ended November 22, 2025 rose 8.2% from the Q1 12-week period a year earlier. Same store sales increased 4.8% in Domestic, 5.5% in total company, and 4.7% in total company on a constant currency basis, which excludes the impact of foreign exchange rate fluctuations.
Key points
AI summaryThe company said net sales of $4.6 billion for the Q1 12-week period ended November 22, 2025 rose 8.2% from the Q1 12-week period a year earlier. Same store sales increased 4.8% in Domestic, 5.5% in total company, and 4.7% in total company on a constant currency basis, which excludes the impact of foreign exchange rate fluctuations.
AutoZone said gross margin for Q1 was 51.0%, down 203 basis points from a year earlier, and cited a 212 basis points non-cash LIFO impact as the main factor. Operating profit fell 6.8% to $784.2 million, and operating expenses as a percentage of sales were 34.0%, compared with 33.3% last year.
The company said net income for Q1 was $530.8 million, down from $564.9 million in the same period last year, and diluted earnings per share were $31.04 compared with $32.52 last year.
The company repurchased shares at an average price of $3,999 per share, for 108 thousand shares and a total of $431.1 million, during Q1. It had $1.7 billion remaining under its share repurchase authorization at the end of the quarter. It also opened a net 53 new stores in the same quarter, bringing its total store count to 7,710.
Summary
AI-writtenAnalysis 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's Q1 Net Sales of $4.6 billion Up 8.2% Year over Year
The company said net sales of $4.6 billion for the Q1 12-week period ended November 22, 2025 rose 8.2% from the Q1 12-week period a year earlier. Same store sales increased 4.8% in Domestic, 5.5% in total company, and 4.7% in total company on a constant currency basis, which excludes the impact of foreign exchange rate fluctuations.
Source · Based on the filing body and exhibits
Gross Margin at 51.0%, Operating Profit at $784.2 million
AutoZone said gross margin for Q1 was 51.0%, down 203 basis points from a year earlier, and cited a 212 basis points non-cash LIFO impact as the main factor. Operating profit fell 6.8% to $784.2 million, and operating expenses as a percentage of sales were 34.0%, compared with 33.3% last year.
Source · Based on the filing body and exhibits
Net Income at $530.8 million, Diluted EPS at $31.04
The company said net income for Q1 was $530.8 million, down from $564.9 million in the same period last year, and diluted earnings per share were $31.04 compared with $32.52 last year.
Source · Based on the filing body and exhibits
AutoZone repurchases $431.1 million in stock, net store additions of 53
The company repurchased shares at an average price of $3,999 per share, for 108 thousand shares and a total of $431.1 million, during Q1. It had $1.7 billion remaining under its share repurchase authorization at the end of the quarter. It also opened a net 53 new stores in the same quarter, bringing its total store count to 7,710.
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.
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