AutoZone Q4 Total Company Same Store Sales Increase 1.3%; Domestic Same Store Sales Were 0.2%
Portfolio Pulse from Benzinga Newsdesk
AutoZone reported a 9.0% increase in net sales for Q4 2024, with total company same store sales up 1.3% and domestic same store sales up 0.2%. Adjusted sales, excluding an extra week, rose 2.6%.
September 24, 2024 | 11:03 am
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AutoZone's Q4 2024 net sales increased by 9.0% to $6.2 billion, with a 1.3% rise in total company same store sales and a 0.2% increase in domestic same store sales. Adjusted sales, excluding an extra week, were up 2.6%.
The 9% increase in net sales and the rise in same store sales indicate positive performance for AutoZone, likely boosting investor confidence and potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100