From GlobeNewswire: 2025-03-04 06:55:00

AutoZone reported net sales of $4.0 billion for the second quarter ended February 15, 2025, up 2.4% from the same period last year. Operating profit decreased by 4.9% to $706.8 million, with net income down 5.3% to $487.9 million. AutoZone repurchased 100 thousand shares of common stock for $329.4 million.

The company’s inventory increased by 10.4% over the previous year, with net inventory per store at negative $161 thousand. AutoZone opened 28 new stores in the U.S., 13 in Mexico, and four in Brazil during the quarter, totaling 45 net new stores. As of February 15, 2025, AutoZone had a total of 7,432 stores.

AutoZone is the leading retailer and distributor of automotive replacement parts in the Americas. The company has a strong focus on DIY and Commercial sales, with international stores showing significant growth. AutoZone’s strategy to open more stores in international markets is paying off, with a positive outlook for the future.

During the second quarter, AutoZone’s sales per average store were $523, with a sales increase of 2.3% in auto parts sales. Domestic commercial sales increased by 7.3%, while total international same store sales grew by 9.5% on a constant currency basis. Inventory turns for the trailing five quarters were at 1.4.



Read more at GlobeNewswire:: AutoZone 2nd Quarter Total Company Same Store Sales