AutoZone (AZO) Tops Q3 EPS by $2.98

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Go back to AutoZone (AZO) Tops Q3 EPS by $2.98

AutoZone 3rd Quarter Same Store Sales Increase 2.6%; EPS Increases to $29.03

May 24, 2022 6:55 AM EDT

MEMPHIS, Tenn., May 24, 2022 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $3.9 billion for its third quarter (12 weeks) ended May 7, 2022, an increase of 5.9% from the third quarter of fiscal 2021 (12 weeks). Domestic same store sales, or sales for stores open at least one year, increased 2.6% for the quarter.

We are very proud to report solid same store sales growth on top of last years remarkable 28.9%. Both our retail and commercial sales performance exceeded our expectations this quarter. While our commercial sales growth accelerated to 26.0%, our retail sales also remained healthy... More