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AutoZone Q4 Profit Rises, Growth Expected

Wall Street Journal US Business •
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AutoZone Inc. reported fiscal fourth-quarter profit of $931.6 million, compared with $837 million a year earlier, according to the Wall Street Journal. The Memphis-based auto-parts retailer saw strong sales momentum across its domestic and international markets.

The company's earnings per share exceeded analyst expectations, driven by increased demand for replacement parts and automotive maintenance products. AutoZone's comparable store sales grew during the quarter, reflecting continued consumer spending on vehicle upkeep despite economic headwinds.

Executives noted that Tim Cook-led supply chain improvements and expanded distribution centers contributed to the better-than-expected results. The retailer also benefited from higher average transaction values as customers purchased more premium parts and accessories.

Looking ahead, AutoZone forecast further growth for the upcoming fiscal year, citing a robust pipeline of new store openings and continued strength in its do-it-yourself customer base. The company operates over 7,000 stores across 123 Main St and international markets, positioning it for sustained expansion. Analysts remain optimistic about AutoZone's trajectory, pointing to its resilient business model and strong cash flow generation as key advantages in the competitive auto-parts sector.

AutoZone did not respond to requests for additional comment.