AutoZone reports EPS up 7.5% to $36.69 for its third fiscal quarter, and operating profit up 4.9% to $900.2 million, on revenues of $4.2 billion (+0.9% like-for-like).
"As we enter our all-important summer sales season, we're very excited about the initiatives we've put in place," says Phil Daniele, CEO of the automotive equipment and accessories distributor.
We continue to invest in the business and remain committed to a disciplined approach aimed at growing operating profit and cash flow, as well as creating strong shareholder value', he continues.
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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. 
