AUTOZONE INC

For the period ended Feb 10, 2024. Filed Mar 15, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Feb 10, 2024 · Filed Mar 15, 2024

AZO$3,217.44-1.0%Stored close · as of Nov 10, 2026

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Contents

CONDENSED CONSOLIDATED STATEMENTS OF INCOME


· · Twelve Weeks Ended · · Twenty-Four Weeks Ended
· · February 10, · · February 11, · · February 10, · · February 11,
(in thousands, except per share data) · · 2024 · · 2023 · · 2024 · · 2023

Net sales	$3,859,126	$3,690,982	$8,049,403	$7,676,049
Cost of sales, including warehouse and delivery expenses	1,779,474	1,760,979	3,755,735	3,751,424
Gross profit	2,079,652	1,930,003	4,293,668	3,924,625
Operating, selling, general and administrative expenses	1,336,410	1,260,026	2,701,822	2,531,615
Operating profit	743,242	669,977	1,591,846	1,393,010
Interest expense, net	102,619	65,609	194,004	123,332
Income before income taxes	640,623	604,368	1,397,842	1,269,678
Income tax expense	125,593	127,824	289,349	253,816
Net income	$515,030	$476,544	$1,108,493	$1,015,862

Weighted average shares for basic earnings per share	17,319	18,705	17,514	18,856
Effect of dilutive stock equivalents	509	632	517	635
Weighted average shares for diluted earnings per share	17,828	19,337	18,031	19,491

Basic earnings per share	$29.74	$25.48	$63.29	$53.87
Diluted earnings per share	$28.89	$24.64	$61.48	$52.12

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.