- AutoZone (NYSE:AZO) reports domestic same-store sales increased 1% in FQ4. Sales per square foot fell a buck to $85 during the quarter.
- Gross profit as a percentage of sales rose 30 bps to 52.8% as lower acquisition costs contributed.
- Operating expenses as a percentage of sales fell 10 bps to 32.1%.
- The company ended the quarter with 5,297 stores, +156 Y/Y.
- Previously: AutoZone beats by $0.04, misses on revenue (Sept. 22)