Autozone, Inc. Reports Earnings Results for the First Quarter Ended November 23, 2019
December 10, 2019 at 06:55 am EST
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AutoZone, Inc. announced earnings results for the first quarter ended November 23, 2019. For the first quarter, the company announced sales was USD 2,793.038 million compared to USD 2,641.733 million a year ago. Operating income was USD 500.023 million compared to USD 487.818 million a year ago. Net income was USD 350.338 million compared to USD 351.406 million a year ago. Basic earnings per share was USD 14.67 compared to USD 13.71 a year ago. Diluted earnings per share was USD 14.3 compared to USD 13.47 a year ago.
AutoZone, Inc. specializes in distributing automotive spare parts and accessories. The group offers compressors, batteries, carburetors, clutches, des rotors, des motors, fuel pumps, etc. Net sales break down by activity as follows:
- retail and professional distribution (98.2%): sale of spare parts primarily to garages and service stations;
- other (1.8%): sales of diagnostic and maintenance software (name Alldata), and an e-commerce division.
At the end of August 2023, AutoZone, Inc. had a network of 7,140 stores located in the United States and Puerto Rico (6,300), Mexico (740) and Brazil (100).
AUTOZONE, INC. 
