AutoZone (AZO) Tops Q3 EPS by $2.71, Revenues Miss

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Go back to AutoZone (AZO) Tops Q3 EPS by $2.71, Revenues Miss

AutoZone 3rd Quarter Same Store Sales Increase 1.9%; EPS Increases to $34.12

May 23, 2023 6:55 AM EDT

MEMPHIS, Tenn., May 23, 2023 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $4.1 billion for its third quarter (12 weeks) ended May 6, 2023, an increase of 5.8% from the third quarter of fiscal 2022 (12 weeks). Domestic same store sales, or sales for stores open at least one year, increased 1.9% for the quarter.

I would like to congratulate and thank our entire organization for delivering solid earnings in our third fiscal quarter. The hard work of our AutoZoners and their dedication to providing superior customer service, again drove our quarterly performance. While weaker than... More