AutoZone Inc. reported fiscal third-quarter 2025 results with revenue of $4.5 billion, exceeding analyst estimates of $4.41 billion and marking a 5.4% year-over-year increase. Domestic same-store sales rose by 5%, ahead of expectations of 2.43%, while international comparable sales declined by 9.2%, missing the estimated drop of 8.09%. On a constant currency basis, international same-store sales increased by 8.1%. Net income for the quarter was $608.4 million, down 6.6% from the previous year, and operating profit declined by 3.7% to $866.2 million. Earnings per share were $35.36, which missed consensus estimates. Gross margins declined during the quarter, while inventory levels increased 10.8% year-over-year. AutoZone added 84 new stores globally during the quarter and 280 new locations over the past 12 months, the highest store addition in more than a decade. The company repurchased $250.3 million in shares during the quarter, with $1.1 billion remaining authorized for buybacks. AutoZone's U.S. DIY and commercial segments performed well, while currency fluctuations negatively impacted reported results. The company's stock rose 1.4% in premarket trading following the earnings release.
AutoZone posted better-than-expected sales but saw a decline in gross margins in the fiscal third-quarter https://t.co/UG3Fx7E6e7
AutoZone $AZO Q3 FY25 Earnings – EPS: $35.36 (missed estimates) – Revenue: $4.46B (+5.4% YoY, exceeded estimates) – Same-store sales: +5% – Operating profit: $866.2M (-3.7% YoY) – New stores: 84 globally – Share repurchase: $250.3M, $1.1B remaining authorization https://t.co/8J6f1E079a
AutoZone added 280 new locations over the last 12 months. That's the most stores they've added in more than 10 years. $AZO https://t.co/nhSTnSBVj3