#AutoZone Q1 FY2025 #EarningsReport Summary | $AZO (+0,53%)
In Q1 FY2025, AutoZone navigated modest same-store sales growth and currency challenges, showing resilience in international markets. This report highlights its financial performance compared to Q1 FY2024.
📊 Income Statement Highlights (vs. Q1 FY2024):
▫️Net Income: $564.93M vs $593.46M (-4.82%)
▫️Total Revenue: $4.28B vs $4.19B (+2.13%)
▫️Gross Profit Margin: 53.00% vs 52.84% (+16 bps)
▫️Operating Income (EBIT): $841.15M vs $848.60M (-0.88%)
▫️Diluted EPS: $32.52 vs $32.55 (-0.09%)
▫️Domestic Commercial Sales: $1.13B vs $1.09B (+3.24%)
Same-Store Sales Growth:
▫️Domestic: +0.3%
▫️International: +1.0% (13.7% constant currency)
💼 Balance Sheet Highlights (vs. Q1 FY2024):
▫️Total Assets: $17.47B vs $16.29B (+7.20%)
▫️Merchandise Inventories: $6.27B vs $5.77B (+8.64%)
▫️Net Inventory per Store: -$166K vs -$197K
▫️Stockholders’ Deficit: -$4.67B vs -$5.21B (+10.44%)
▫️Total Debt: $9.01B vs $8.58B (+5.27%)
🔮Future Outlook:
AutoZone plans to expand its footprint in international markets with 34 new store openings in Q1 FY2025, targeting higher same-store sales growth through operational improvements and customer-focused initiatives. Continued investments in technology and inventory optimization are expected to enhance shareholder value.