- AutoZone’s fourth-quarter comparable sales increased by 0.7%, which is below the expected 1.45% growth and is also down from 4.5% growth year-over-year.
- Domestic comparable sales saw a slight increase of 0.2%, falling short of the estimated 1.15% and the previous year’s 1.7% growth.
- Net sales for the quarter reached $6.2 billion, a 9% increase from the previous year, but slightly below the estimated $6.22 billion.
- The gross margin for the quarter was 52.5%, slightly down from 52.7% last year and below the expected 53.1%.
- Inventory per location rose by 3.7% year-over-year to $0.84 million, which is just above the estimated $0.83 million.
- AutoZone now has 7,353 locations, a 1.6% increase from the previous quarter and slightly above the estimate of 7,329 locations.
- The CEO thanked AutoZoners for their contributions during the fiscal year, highlighting solid performance despite challenges in discretionary merchandise categories.
- There was a noticeable acceleration in Commercial sales performance domestically.
- Analyst recommendations include 21 buys, 5 holds, and 1 sell.
Autozone Inc on Smartkarma
Analysts on Smartkarma, such as Baptista Research and Value Investors Club, are closely monitoring AutoZone Inc., a key player in the auto parts retail industry. Baptista Research‘s report on the company’s Q3 Earnings in 2024 highlighted steady growth, despite some challenges like unique weather conditions and tax refund season impacts. The report emphasizes AutoZone’s commitment to WOW! Customer service in a volatile business environment.
Value Investors Club‘s analysis of Autozone Inc. underscores the company’s underappreciated status with significant potential for risk-adjusted returns. Noteworthy for being the largest auto parts retailer by revenue and their strategic focus on higher-margin private label sales and automotive diagnostic software, Autozone’s resilient business model has delivered consistent shareholder value. Both reports provide valuable insights into the growth drivers and performance outlook for AutoZone Inc. in the competitive retail automotive sector.
A look at Autozone Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 0 | |
| Dividend | 1 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
AutoZone, Inc. is positioned well for a promising long-term outlook based on its Smartkarma Smart Scores. With a strong emphasis on Growth and Resilience, scoring 4 and 5 respectively, the company shows potential for expansion and the ability to withstand economic challenges. The Momentum score of 4 further indicates a positive trend in the company’s performance. Although Value and Dividend scores are lower, the high scores in Growth, Resilience, and Momentum suggest a bright future for AutoZone, Inc.
AutoZone, Inc. is a specialty retailer specializing in automotive replacement parts and accessories, catering to a wide range of vehicles in the United States, Puerto Rico, and Mexico. The company offers a diverse product line that includes new and remanufactured automotive hard parts, maintenance items, as well as accessories and non-automotive products. With a solid focus on Growth and Resilience, AutoZone, Inc. appears geared towards long-term success in the automotive aftermarket industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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