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AutoZone 3rd Quarter Same Store Sales Decline 0.8%; EPS Increases 6.2% to $11.44
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By OReilly Auto Parts
SPRINGFIELD, Mo., Oct. 02, 2023 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, announces the release date for its third quarter 2023 results as Wednesday, October 25, 2023, with a conference call to follow on Thursday, October 26, 2023.
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By jameswesley
National Truck Pro: National link hidden, please login to view Pro is a popular auto parts store chain with multiple locations in Los Angeles and Gardena. They offer a wide range of automotive parts, including batteries, brakes, filters, and fluids, making them a convenient choice for routine maintenance and repairs.
O'Reilly Auto Parts: O'Reilly Auto Parts is another established chain with stores throughout the region. They provide a comprehensive selection of auto parts and tools, along with knowledgeable staff to assist customers in finding the right components for their vehicles.
NAPA Auto Parts: NAPA Auto Parts is a trusted name in the automotive industry and has several locations in Los Angeles and Gardena. They offer quality parts, tools, and equipment for both professional mechanics and individuals working on their cars.
Pep Boys: Pep Boys has been serving the automotive community for decades and operates stores in the area. They provide a wide array of auto parts, accessories, and services, including tire and battery installations.
Advance Auto Parts: Advance Auto Parts has a presence in the Los Angeles area and offers a diverse range of auto parts, from engine components to lighting and electrical systems.
These jobber stores are invaluable resources for anyone looking to maintain, repair, or customize their vehicles. Whether you need essential components like brakes and filters or are seeking performance upgrades and accessories, these stores typically have a knowledgeable staff and a vast inventory to meet your auto parts needs. Be sure to check their specific locations, hours, and availability before planning your visit.
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By NAPA
ATLANTA, Sept. 28, 2023 /
link hidden, please login to view/ -- Genuine Parts Company (NYSE: GPC), a leading global distributor of automotive and industrial replacement parts, plans to release third quarter financial results on October 19, 2023. Management will also conduct a conference call on this date at 11:00 a.m. ET. The public may access the webcast and supplemental earnings materials on the link hidden, please login to view. The call is also available by dialing 888-317-6003. The conference ID is 9754822. A replay of the call will be available on the company's website or toll-free at 877-344-7529, ID 7086770, two hours after the completion of the conference call. About Genuine Parts Company
Founded in 1928, Genuine Parts Company is a global service organization engaged in the distribution of automotive and industrial replacement parts. The company's Automotive Parts Group distributes automotive replacement parts in the U.S., Canada, Mexico, Australasia, France, the U.K., Ireland, Germany, Poland, the Netherlands, Belgium, Spain and Portugal. The company's Industrial Parts Group distributes industrial replacement parts in the U.S., Canada, Mexico and Australasia. In total, the company serves its global customers from an extensive network of more than 10,000 locations in 17 countries and has approximately 58,000 employees. Further information is available at
link hidden, please login to view. SOURCE Genuine Parts Company
For further information: Investor contact: Tim Walsh, (678) 934-5349, Senior Director - Investor Relations; Media contact: Heather Ross, (678) 934-5220, Vice President - Strategic Communications
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By Counterman
AutoZone reported net sales of $5.7 billion for its fiscal-2023 fourth quarter, a 6.4% year-over-year increase.
Domestic same-store sales for the fourth quarter, which ended Aug. 26, were up 1.7%.
Operating profit increased 10.8% to $1.2 billion. Net income for the quarter increased 6.8% to $864.8 million, while diluted earnings per share increased 14.7% to $46.46, according to the company.
“While we started this quarter slowly, we saw improvements in the back half of our quarter,” AutoZone CEO Bill Rhodes said in a news release. “Despite lower-than-expected growth in domestic commercial, we believe that the initiatives we have in place and are implementing will drive stronger growth in fiscal 2024. Additionally, we continued to be pleased with our international stores’ performance and we are excited about future growth prospects across both Mexico and Brazil.”
Same-store sales in Mexico and Brazil were up 4.5% on a year-over-year basis.
During the quarter, AutoZone opened 53 new stores and closed one in the United States, and opened 27 new stores in Mexico and 17 in Brazil for a total of 96 net new stores. For the fiscal year, the company opened 197 net new stores.
As of Aug. 26, the company had 6,300 stores in the United States, 740 in Mexico and 100 in Brazil for a total store count of 7,140.
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By AutoZone
MEMPHIS, Tenn. , Sept. 19, 2023 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $5.7 billion for its fourth quarter (16 weeks) ended August 26, 2023 , an increase of 6.4% from the fourth quarter of fiscal 2022 (16 weeks). Same store sales, or sales for our domestic and
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