From RTTNews:

AutoZone, Inc. (AZO) saw first quarter net income rise to $593.5 million from $539.3 million last year, with earnings per share at $32.55 compared to $27.45. Analysts expected profit per share of $31.57. First quarter net sales were $4.2 billion, a 5.1% increase from last year, with total company same store sales up 3.4%.

AutoZone opened 17 new stores and closed one in the U.S., five new stores in Mexico, and four in Brazil for a total of 25 net new stores. As of November 18, 2023, the company had 6,316 stores in the U.S., 745 in Mexico, and 104 in Brazil for a total store count of 7,165.

CEO Bill Rhodes stated, “We remain committed to driving sales and earnings growth throughout fiscal 2024, while returning cash to our shareholders.”
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Read more: AutoZone Q1 Net Income Rises; Same Store Sales Up 2.1% On Constant Currency Basis