AZO - AutoZone GAAP EPS of $34.12 beats by $2.83 revenue of $4.09B misses by $30M
2023-05-23 06:58:00 ET
- AutoZone press release ( NYSE: AZO ): Q3 GAAP EPS of $34.12 beats by $2.83 .
- Revenue of $4.09B (+5.7% Y/Y) misses by $30M .
- Domestic same store sales, or sales for stores open at least one year, increased 1.9% for the quarter.
- "While weaker than expected sales for the month of March meaningfully affected our results this quarter, we are excited about our initiatives and believe we are well positioned for future growth,” said Bill Rhodes, Chairman, President and Chief Executive Officer.
- During the quarter ended May 6, 2023, AutoZone opened 22 new stores in the U.S., six in Mexico and two in Brazil. As of May 6, 2023, the Company had 6,248 stores in the U.S., 713 in Mexico and 83 in Brazil for a total store count of 7,044.
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AutoZone GAAP EPS of $34.12 beats by $2.83, revenue of $4.09B misses by $30M