AutoZone (AZO) Reports Q4 Earnings: What Key Metrics Have to Say
For the quarter ended August 2024, AutoZone (AZO) reported revenue of $6.21 billion, up 9.1% over the same period last year. EPS came in at $48.11, compared to $46.46 in the year-ago quarter.
The reported revenue represents a surprise of +0.37% over the Zacks Consensus Estimate of $6.18 billion. With the consensus EPS estimate being $53.31, the EPS surprise was -9.75%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how AutoZone performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Same store sales - Domestic - YoY change: 0.2% compared to the 1.5% average estimate based on four analysts.
Total Same Store Sales (Constant Currency): 1.3% versus 1.6% estimated by two analysts on average.
Square footage - Total: 49,417 Ksq ft compared to the 49,231.6 Ksq ft average estimate based on two analysts.
Total Auto-Zone Store: 7,353 compared to the 7,330 average estimate based on two analysts.
Number of stores - Domestic: 6,432 versus 6,427 estimated by two analysts on average.
Square footage per store: 6.72 million compared to the 6.72 million average estimate based on two analysts.
Net Sales- Auto Parts: $6.09 billion compared to the $6.08 billion average estimate based on three analysts. The reported number represents a change of +9% year over year.
Net Sales- All Other: $112.55 million compared to the $107.29 million average estimate based on three analysts. The reported number represents a change of +11.2% year over year.
Net Sales- Domestic Commercial sales: $1.66 billion versus $1.67 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10.9% change.
View all Key Company Metrics for AutoZone here>>>
Shares of AutoZone have returned -3.4% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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AutoZone, Inc. (AZO) : Free Stock Analysis Report