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AutoZone Increases Hiring Efforts, Plans To Add 20,000 New Jobs
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By Counterman
AutoZone reported net sales of $4.1 billion for its fiscal third quarter, a 5.8% year-over-year increase. The quarter ended May 6.
Domestic same-store sales, or sales for stores open at least one year, increased 1.9% for the quarter.
“I would like to congratulate and thank our entire organization for delivering solid earnings in our third fiscal quarter,” AutoZone CEO Bill Rhodes said. “The hard work of our AutoZoners and their dedication to providing superior customer service, again drove our quarterly performance. While weaker-than-expected sales for the month of March meaningfully affected our results this quarter, we are excited about our initiatives and believe we are well-positioned for future growth.”
Operating profit increased 9.3% to $858.5 million.
AutoZone said its inventory increased 7.4% over the same period last year, driven by inflation and its growth initiatives.
During the quarter, AutoZone opened 22 new stores in the United States, six in Mexico and two in Brazil. As of May 6, the company had 6,248 stores in the United States, 713 in Mexico and 83 in Brazil for a total store count of 7,044.
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By AutoZone
MEMPHIS, Tenn. , May 23, 2023 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $4.1 billion for its third quarter (12 weeks) ended May 6, 2023 , an increase of 5.8% from the third quarter of fiscal 2022 (12 weeks). Domestic same store sales, or sales for stores open at
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By AutoZone
MEMPHIS, Tenn. , May 04, 2023 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), the leading retailer and distributor of automotive replacement parts and accessories in the Americas , will release results for its third quarter ended Saturday, May 6, 2023 , before market open on Tuesday, May 23, 2023 .
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By Counterman
FCS Automotive recently announced the release of 88 new part numbers.
The release includes 20 complete strut assemblies, 34 shock-absorber assembly kits, 11 shock-absorber and coil-spring assemblies, 14 heavy-duty fleet shocks and nine bare struts and shocks.
All of the units are in stock and ready to ship.
“FCS remains committed to be first to market with new numbers, while providing the most comprehensive market coverage in North America,” the company asserted in a news release. “Many of these numbers are not available from the competition.”
The new numbers cover some of the most popular applications on the road today, including the Buick LaCrosse, Chevrolet Silverado, Chevrolet Suburban, Chrysler 300, Dodge Challenger, Ford F-250, Ford Transit, Jeep Cherokee, Mazda CX-9, Tesla 3, Bluebird, Ford F-750, Freightliner, International and more.
“As a global supplier in more than 40 countries, FCS products are always produced to meet strict OE quality processes backed by extensive in-house testing and IATF16949 and ISO14001 certifications,” the company said.
For more information about FCS products, contact FCS at 866-708-4554 or visit
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