AutoZone, Inc.'s (AZO) CEO William Rhodes on Q3 2021 Results - Earnings Call Transcript

AutoZone, Inc. (NYSE:AZO) Q3 2021 Earnings Conference Call May 25, 2021 10:00 AM ET

Company Participants

Brian Campbell - VP, Treasurer IR and Tax
William Rhodes - Chairman, President and CEO
Jamere Jackson - EVP and CFO

Conference Call Participants

Bret Jordan - Jefferies
Simeon Gutman - Morgan Stanley
Christopher Horvers - JPMorgan
Michael Lasser - UBS
Scot Ciccarelli - RBC Capital Markets
Zach Fadem - Wells Fargo
Katy Hallberg - D.A. Davidson
Brian Nagel - Oppenheimer

Unidentified Company Representative

Certain statements contained in this presentation constitute forward-looking statements that are subject to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements typically use words such as believe, anticipate, should, intend, plan, will, expect, estimate, project, position, strategy, seek, may, could, and similar expressions.

These are based on assumptions and assessments made by the company’s management in light of experience or perception of historical trends, current conditions, expected future developments and other factors that the company believe to be appropriate.

These forward looking statements are subject to a number of risks and uncertainties, including without limitation, product demand, energy prices, weather, competition, credit market conditions, cash flows, access to available and feasible financing, future stock repurchases, the impact of recessionary conditions, consumer debt levels, changes in laws or regulations, risk associated with self-insurance, war and the prospect of war including terrorist activity, the impact of public health issues, such as the ongoing global pandemic of a novel strain of the coronavirus COVID-19, inflation, the ability to hire, train and retain qualified employees, construction delays to compromising confidentiality, availability or integrity of information, including cyber-attacks, historic growth rate, sustainability, downgrade of the company’s credit ratings, damage to the company’s reputation, challenges in international markets, failure or interruption of the company’s information technology systems origin and raw material cost of suppliers, disruption in the company’s supply chain due to public health epidemics or otherwise, impact of tariffs, anticipated impact of new accounting standards and business interruptions.