AutoZone's strong share repurchase program and steady growth support its long-term investment appeal despite recent earnings misses and currency headwinds. AutoZone's balance sheet remains healthy with manageable debt levels, but rising interest expenses and operating costs are concerns. Future growth hinges on international expansion, which could be affected by a strong dollar and potential tariffs.
AutoZone, Inc. (NYSE:AZO ) Q1 2025 Earnings Conference Call December 10, 2024 10:00 AM ET Company Participants Brian Campbell - VP, Treasurer, IR and Tax Phil Daniele - CEO Jamere Jackson - CFO Conference Call Participants Bret Jordan - Jefferies Simeon Gutman - Morgan Stanley Mark Jordan - Goldman Sachs Michael Lasser - UBS Chris Horvers - JPMorgan Steven Forbes - Guggenheim Securities Steven Zaccone - Citi Scot Ciccarelli - Truist David Bellinger - Mizuho Securities Greg Melich - Evercore Scott Stember - ROTH MKM Operator Good day, everyone. Welcome to AutoZone's 2025 Q1 Earnings Release Conference Call.
U.S. stocks traded mixed toward the end of trading, with the S&P 500 falling by around 0.1% on Tuesday.
AutoZone remains a favorite long-term holding due to its consistent growth, international expansion, and robust buyback program enhancing shareholder value. Despite a rare double-line earnings miss in fiscal Q1, AutoZone's comparable sales and gross margins are still growing, with international comps surging 13.7%. The company's aggressive share repurchase program has significantly boosted EPS, with $1.7 billion remaining under current authorization, ensuring continued shareholder returns.
The headline numbers for AutoZone (AZO) give insight into how the company performed in the quarter ended November 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
AutoZone (AZO) came out with quarterly earnings of $32.52 per share, missing the Zacks Consensus Estimate of $33.54 per share. This compares to earnings of $32.55 per share a year ago.
AutoZone (AZO) posted first-quarter results that narrowly missed estimates Tuesday morning, but Chief Executive Officer (CEO) Phil Daniele said the auto parts retailer remains "well positioned for growth" heading into the rest of fiscal 2025.
Automotive parts retailer AutoZone missed estimates for first-quarter profit and revenue on Tuesday, hurt by higher raw material prices and a stronger dollar.
The auto aftermarket retailer reports net income for its fiscal first quarter of $564.9 million, down from $593.5 million a year prior.
AutoZone, Inc. AZO will release its first quarter results before the opening bell on Tuesday, Dec. 10.
Evaluate the expected performance of AutoZone (AZO) for the quarter ended November 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.