Slide 1: 4th Quarter Earnings Release, FY2023
4th Quarter Earnings Release, FY2023 AUTOZONE, INC., © 2022 ALL RIGHTS RESERVED. 1
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements contained herein constitute forward-looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements typically use words such as “believe,” “anticipate,” “should,” “inte
Slide 3: Fourth Quarter Fiscal 2023 Conference Call
Fourth Quarter Fiscal 2023 Conference Call September 19, 2023 AUTOZONE, INC., © 2022 ALL RIGHTS RESERVED. 3
Slide 4: AutoZone Pledge
AutoZone Pledge AutoZoners always put customers first! We know our parts and products. Our stores look great! We’ve got the best merchandise at the right price. AUTOZONE, INC., © 2022 ALL RIGHTS RESERVED. 4
Slide 5: Fourth Quarter FY 2023 Financial Highlights
Fourth Quarter FY 2023 Financial Highlights ✓ Net Sales +6.4% ✓ Total Company SSS +2.8%; Domestic SSS +1.7%; International SSS +14.9%; (Constant Currency(1)) ✓ Diluted weighted shares outstanding decreased 6.9% vs Q4 FY22 ✓ During Q4 FY23, we repurchased $1.0 billion in AutoZone stock 16 Weeks Ended
Slide 6: FY 2023 Financial Highlights
FY 2023 Financial Highlights ✓ Net Sales +7.4% ✓ Total Company SSS +4.6%; Domestic SSS +3.4%; International SSS +17.5%; (Constant Currency(1)) ✓ Diluted weighted shares outstanding decreased 7.9% vs Q4 FY22 ✓ During FY23, we repurchased $3.7 billion in AutoZone stock 52 Weeks Ended 52 Weeks Ended in
Slide 7: New Store Highlights
New Store Highlights 16 Weeks Ended 16 Weeks Ended 52 Weeks Ended 52 Weeks Ended August 26, 2023 August 27, 2022 August 26, 2023 August 27, 2022 Domestic: Beginning stores 6,248 6,115 6,168 6,051 Stores opened 53 53 133 118 Stores closed (1) - (1) (1) Ending domestic stores 6,300 6,168 6,300 6,168 R
Slide 8: Domestic Commercial Highlights
Domestic Commercial Highlights Financial Highlights # of Commercial Programs Total Domestic Commercial Programs 5,682 % increase in programs vs. LY 6.4% 16 Weeks Ended 52 Weeks Ended August 26, 2023 August 27, 2022 Domestic Commercial Sales $1,499.0 $4,598.5 ($ millions) % increase in sales 3.9% 8.7
Slide 9: Balance Sheet Highlights
Balance Sheet Highlights As of As of ($ in millions, except per store amounts are in thousands) August 26, 2023 August 27, 2022 Higher/(Lower) Inventory $ 5,764 $ 5,638 2.2% Inventory/store $ 807 $ 812 (0.6%) Inventory, net of payables $ (1,437) $ (1,663) (13.6%) Inventory, net of payables/store $ (
Slide 10: Building Shareholder Value
Building Shareholder Value ✓ Live the Pledge ✓ Consistent, steady EPS growth ✓ Powerful Free Cashflow generation ✓ Disciplined Capital Allocation • Invest to optimize performance of existing assets • Drive growth • Excess cash returned to shareholders ✓ Accelerate growth in Commercial and DIY • Hubs
Slide 11: AUTOZONE, INC., © 2022 ALL RIGHTS RESERVED.
AUTOZONE, INC., © 2022 ALL RIGHTS RESERVED. 11