Autozone Inc banner

Autozone Inc
F:AZ5

Watchlist Manager
Autozone Inc Logo
Autozone Inc
F:AZ5
Watchlist
Price: 2 702 EUR 2.82% Market Closed
Market Cap: €46.2B

Autozone Inc
Investor Relations

AutoZone sells replacement parts, maintenance items, and tools for cars and light trucks. Its stores and online channels serve do-it-yourself drivers who fix their own vehicles, as well as professional mechanics and repair shops that buy parts for customer jobs. The company focuses on everyday repair needs such as batteries, brakes, filters, fluids, belts, and other wear items that vehicles need over time. The business makes money by buying parts from manufacturers and selling them at a markup through its retail stores, commercial delivery network, and online ordering. A big part of its appeal is convenience: customers can usually find the part they need quickly, often with help from staff who can match the right item to a specific vehicle. AutoZone also stands out because it sits close to the repair decision, where a driver or shop needs a part right away to get a vehicle back on the road. This makes AutoZone different from an auto maker or a full-service repair chain. It does not build cars or perform most repairs itself; it supplies the parts and related tools that keep older vehicles running. That gives it a steady role in the auto aftermarket, where demand is driven by vehicle wear, accidents, and routine maintenance rather than new car sales.

Show more
Loading...
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2026
Call Date
May 26, 2026
AI Summary
Q3 2026

Sales growth: AutoZone said total sales rose 8.4% in Q3, the strongest increase in more than 3 years, as the company kept gaining share and opening new stores faster than it has in many years.

Commercial strength: Domestic commercial sales grew 10.4%, and management said that momentum should continue as the company expands Hubs and Mega-Hubs and improves parts availability and delivery speed.

Weather impact: Late-quarter sales softened because of unusually cool, wet weather that hurt heat-related categories such as air conditioning and starting and charging.

Margins: Gross margin came in at 52.2%, pressured by a $20 million LIFO charge, but core gross margin still improved once that item was excluded.

Outlook: Management expects Q4 same-SKU inflation and ticket growth to be more muted, but it does not expect domestic comps to fall just because inflation moderates.

Capital spending: AutoZone plans to invest nearly $1.6 billion in CapEx this year and expects a similar amount next year, with most of that going to accelerated store growth and technology.

Cash returns: The company generated strong free cash flow and bought back $586 million of stock in the quarter, while keeping a large amount of repurchase capacity available.

Key Financials
Total sales
$4.8 billion
EPS
$38.07
EBIT
$924 million
Net income
$641 million
Gross margin
52.2%
Domestic same-store sales
4.1%
Total company same-store sales
3.9%
Domestic DIY sales
2.2%
Domestic commercial sales
10.4%
International same-store sales
1.6%
Average weekly sales per program
$18,500
Average ticket
up 5.6%
Free cash flow
$455 million
Year-to-date free cash flow
$1.1 billion
LIFO charge
$20 million
Q4 LIFO impact on EPS
approximately $1.40 a share
Q4 FX benefit to revenue
approximately $62 million
Q4 FX benefit to EBIT
approximately $19 million
Q4 FX benefit to EPS
$0.78 a share
Q3 LIFO-adjusted EPS growth
12.5%
Q3 LIFO-adjusted EBIT growth
11%
Stores opened globally in Q3
82
U.S. stores
6,766
Mexico stores
933
Brazil stores
157
Commercial programs
6,356
Mega-Hub stores
156
CapEx
nearly $1.6 billion
Inventory per store
up 6%
Total inventory
up 10.8%
Accounts payable as a percentage of inventory
111.1%
Share repurchases
$586 million
Remaining buyback authorization
$800 million
Leverage ratio
2.5x EBITDAR
Earnings Call Recording
Other Earnings Calls

Management

Mr. William C. Rhodes III
Executive Chairman

William C. Rhodes III is a prominent American businessman known for his significant role at AutoZone, Inc., one of the leading retailers and distributors of automotive replacement parts and accessories. William C. Rhodes III, often referred to as Bill Rhodes, has been with AutoZone for a substantial portion of his career, making considerable contributions to its growth and success. Rhodes joined AutoZone in 1994 and has held various important positions within the company. He became the President and Chief Executive Officer (CEO) of AutoZone in 2005 and later took on the role of Chairman of the Board in 2007. Under his leadership, AutoZone has seen impressive financial and operational growth, expanding its store network and enhancing its customer service and supply chain capabilities. Rhodes is known for his strategic focus on operational excellence and customer satisfaction, which has helped AutoZone maintain a strong position in the competitive automotive aftermarket industry. His leadership style emphasizes efficiency, innovation, and a strong company culture, which has driven AutoZone's consistent performance and market leadership. Before joining AutoZone, Rhodes worked at Ernst & Young, where he gained valuable experience in financial and managerial roles. He holds a Bachelor of Arts degree in Economics from the University of Tennessee and has completed executive education programs at institutions like Harvard Business School. Through his long-standing career, William C. Rhodes III has established himself as a key figure in the retail and automotive industries, and his contributions to AutoZone have been integral to the company's sustained success and growth.

Mr. Philip B. Daniele III
CEO, President & Director

Philip B. Daniele III is the Executive Vice President of Merchandising, Marketing, and Supply Chain at AutoZone Inc., a leading retailer and distributor of automotive replacement parts and accessories in the United States. In his role, Daniele is responsible for overseeing the company's merchandising strategies, marketing initiatives, and supply chain operations, ensuring that AutoZone continues to meet the demands of its customers effectively and efficiently. Daniele joined AutoZone over two decades ago, starting his career with the company as a part-time employee while attending college. His dedication and leadership skills have propelled him through various roles within the organization, providing him with a comprehensive understanding of the business' operations and customer needs. Over the years, he has held multiple managerial positions, contributing to AutoZone's growth and its continuous improvement in service delivery. In his leadership capacity, Daniele has been instrumental in driving innovation within AutoZone, focusing on enhancing customer experience and operational efficiency. His leadership in these critical areas supports the company's commitment to delivering quality automotive products and exceptional service. Daniele's forward-thinking approach is central to AutoZone's mission to be a trusted and convenient resource for automotive solutions.

Mr. Jamere Jackson CPA
Chief Financial Officer of Customer Satisfaction

Jamere Jackson is a well-regarded executive in the business and finance sector, known for his expertise and leadership. He currently serves as the Chief Financial Officer (CFO) at AutoZone Inc., a leading retailer and distributor of automotive replacement parts and accessories in the United States. Jackson joined AutoZone in September 2020, bringing with him a wealth of experience from various high-profile finance roles. Before joining AutoZone, Jamere Jackson held significant positions at well-established companies. He served as the CFO of Hertz Global Holdings, where he was responsible for overseeing all financial aspects, including treasury, accounting, tax, and investor relations. Prior to his tenure at Hertz, Jackson was the CFO at Nielsen Holdings, where he contributed to the company's strategic financial planning and execution. Jackson began his career in finance with roles at General Electric (GE), where he spent nearly a decade. At GE, he held various positions of increasing responsibility across different divisions, ultimately serving as the CFO for one of its major business units. His background at GE equipped him with extensive experience in financial management, strategic planning, and operational efficiency. In addition to his corporate responsibilities, Jamere Jackson is a Certified Public Accountant (CPA), underscoring his strong foundation in financial principles and regulatory compliance. His educational background includes a degree in finance from the University of Notre Dame, where he developed the analytical and leadership skills that have shaped his successful career. Throughout his career, Jackson has been recognized for his strategic vision, operational acumen, and commitment to driving financial excellence. His leadership at AutoZone is marked by a focus on financial discipline, value creation, and supporting the company's overall business objectives.

Mr. Thomas B. Newbern
Chief Operating Officer of Customer Satisfaction

Thomas B. Newbern served as an executive at AutoZone, Inc., a leading retailer and distributor of automotive replacement parts and accessories. Newbern joined AutoZone in 1986 and held various roles within the organization, gaining extensive experience in the automotive retail sector. Throughout his career at AutoZone, Newbern's responsibilities grew as he took on key leadership roles. In his capacity at the company, he focused on enhancing store operations, improving customer service, and driving overall company growth. Newbern contributed significantly to AutoZone's expansion and operational strategies, helping to solidify its position as an industry leader. With decades of dedication to AutoZone, Newbern is recognized for his commitment to the company's core values and his impact on fostering a strong organizational culture. His leadership played a vital role in steering the company towards continued success in the competitive automotive aftermarket industry.

Mr. William R. Hackney
Executive Vice President of Merchandising, Marketing, Supply Chain & Customer Satisfaction

William R. "Bill" Hackney is a respected executive known for his contributions to AutoZone, Inc., a leading retailer and distributor of automotive replacement parts and accessories. Hackney joined AutoZone in 1989, where he held various leadership roles, ultimately serving as the Executive Vice President for Supply Chain and Information Technology. During his tenure, Hackney was instrumental in developing and optimizing AutoZone's supply chain operations, which contributed significantly to the company's growth and efficiency. He played a key role in implementing advanced technologies and systems to streamline processes, improve inventory management, and enhance customer satisfaction. Hackney's leadership in integrating supply chain management with information technology positioned AutoZone as a leader in the automotive retail sector. His work not only improved operational efficiencies but also supported the company's rapid expansion and adaptation to changing market demands. After a long and successful career, Hackney retired from AutoZone, leaving behind a legacy of innovation and excellence. His contributions to the company are remembered as foundational elements that continue to support AutoZone's operations and strategic goals.

Mr. Kenneth E. Jaycox Jr.
Senior VP, Commercial, Customer Satisfaction

Kenneth E. Jaycox Jr. is a notable executive at AutoZone, Inc., serving as the Senior Vice President of Store Operations, Commercial. In this role, he is responsible for overseeing the commercial sales operations and strategies of AutoZone, ensuring effective execution across numerous locations. Jaycox has been instrumental in driving growth and enhancing the commercial business unit by focusing on customer service excellence and operational efficiency. He has extensive experience within the automotive aftermarket industry and has played a key role in shaping the commercial sales strategies that contribute to AutoZone's success. Through his leadership and commitment to innovation, Jaycox continues to impact AutoZone's market presence and operational effectiveness positively.

Mr. John Scott Murphy
Principal Accounting Officer, VP of Customer Satisfaction & Controller

John Scott Murphy serves as the Executive Vice President, General Counsel, and Secretary at AutoZone, Inc., a leading American retailer of aftermarket automotive parts and accessories. Murphy plays a vital role in overseeing the company's legal affairs, corporate governance, and related strategic initiatives. With extensive experience in corporate law, he ensures compliance with applicable regulations and manages legal risks associated with AutoZone's business operations. Before joining AutoZone, Murphy garnered significant expertise in various legal and corporate governance roles, which bolstered his capacity to lead AutoZone's legal team effectively. His leadership is integral in guiding AutoZone through complex legal environments and supporting the company's objectives for growth and stability within the automotive retail industry.

Mr. Brian L. Campbell
Vice President of Tax, Treasury & Investor Relations

Brian L. Campbell serves as the Senior Vice President of Supply Chain at AutoZone Inc., a leading retailer and distributor of automotive replacement parts and accessories. In his role, Campbell is responsible for overseeing the company's supply chain operations, ensuring the efficient and effective distribution of products to AutoZone’s wide network of retail stores. His leadership plays a crucial role in maintaining the strong logistical framework that supports AutoZone’s commitment to customer service and market competitiveness. With extensive experience in supply chain management, Campbell contributes significantly to the strategic initiatives of AutoZone, driving innovation and operational excellence within the company.

Ms. Jennifer M. Bedsole
Senior VP, General Counsel, Secretary & Customer Satisfaction
No Bio Available
Mr. Richard C. Smith
Senior VP of Human Resources & Customer Satisfaction

Richard C. Smith is an executive at AutoZone, Inc., serving as the Vice President and Treasurer. In this role, he is responsible for managing the company’s treasury functions, which include overseeing capital structure, managing financial risks, and ensuring adequate liquidity to support the company's operational needs and strategic initiatives. His leadership in treasury operations helps to maintain AutoZone’s financial health and optimize its access to capital markets. With a strong background in finance and corporate strategy, Smith has contributed significantly to the company’s financial planning and risk management processes. His expertise is crucial in aligning financial strategies with AutoZone's long-term business objectives. Richard C. Smith's dedication to his role is evident in his strategic approach to managing the balance sheet and capital requirements, which bolsters the company's growth and operational efficiency.

Contacts

Address
TENNESSEE
Memphis
123 S Front St
Contacts
+19014956500.0
www.autozone.com
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett