The chart below shows how AZO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AZO sees a +1.21% change in stock price 10 days leading up to the earnings, and a -0.59% change 10 days following the report. On the earnings day itself, the stock moves by -1.31%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Quarterly Sales Increase: Total sales for the quarter were $4.3 billion, up 2.1%.
Sales Growth Overview: Our domestic same-store sales grew three-tenths of a percent and our international comp was up 13.7% on a constant currency basis.
Gross Margin Improvement: Our gross margin was 53%, up 16 basis points.
Free Cash Flow Decline: We generated $565 million in free cash flow, versus $595 million last year in Q1, driven by lower net income and higher CapEx.
Share Buyback Update: We repurchased $505 million of AutoZone stock in the quarter, and at quarter end we had $1.7 billion remaining under our share buyback authorization.
Negative
Earnings Per Share Decline: Earnings per share decreased by 0.1% despite total sales growing by 2.1%.
EBIT Decline Analysis: Total company EBIT was down nine-tenths of a percent compared to the prior year.
Quarterly Net Income Decline: Net income for the quarter was $565 million, down 4.8% versus last year.
Quarterly Interest Expense Increase: Interest expense for the quarter was $107.6 million, up 18% from Q1 a year ago.
Operating Expenses Increase: Operating expenses were up 4.5% versus last year, with SG&A as a percentage of sales delivering 75 basis points.
AutoZone, Inc. (AZO) Q1 2025 Earnings Call Transcript
AZO.N
1.21%