AutoZone said net sales increased $4.5 billion, a 5.4% increase over the comparable prior year period, for the 12 weeks ended May 10, 2025. Operating profit decreased 3.8% to $866.2 million, and diluted earnings per share decreased 3.6% to $35.36.

1. 01

   AutoZone said net sales increased $4.5 billion, a 5.4% increase over the comparable prior year period, for the 12 weeks ended May 10, 2025. Operating profit decreased 3.8% to $866.2 million, and diluted earnings per share decreased 3.6% to $35.36.

2. 02

   The company said unfavorable foreign currency exchange rates had an overall impact to net sales of $89.3 million and negatively impacted operating profit comparison by $27.1 million during the 12 weeks, and a non-cash LIFO impact was unfavorable by $8.0 million net. Gross profit as a percentage of sales was 52.7% compared to 53.5% in the comparable prior year period.

3. 03

   AutoZone said net cash flows from operating activities for the 36 weeks were $2.2 billion, compared with $1.9 billion in the comparable prior year period. Capital expenditures were $885.6 million compared to $725.9 million in the comparable prior year period, and stock repurchases were $1.1 billion versus $2.4 billion in the comparable prior year period.

4. 04

   As of May 10, 2025, the company held $268.6 million in cash and cash equivalents and $2.2 billion in undrawn capacity on its Revolving Credit Agreement. Its adjusted debt to EBITDAR ratio, a non-GAAP measure, was 2.5:1. On the same date, AutoZone operated 6,537 stores in the U.S., 838 stores in Mexico and 141 stores in Brazil.

Key figures

Quarter ended May 10, 2025

Revenue

$4.5B

Operating income

$866M

Net income

$608M

EPS

$35.36

Gross profit

$2.4B

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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

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