Slide 1: 3rd Quarter Earnings Release, FY2025
3rd Quarter Earnings Release, FY2025 AUTOZONE, INC., © 2025 ALL RIGHTS RESERVED. 1
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements herein constitute forward-looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and typically use words such as “believe,” “anticipate,” “should,” “intend,” “plan,” “will,” “expect,” “es
Slide 3: Third Quarter Fiscal 2025 Conference Call
Third Quarter Fiscal 2025 Conference Call May 27, 2025 AUTOZONE, INC., © 2025 ALL RIGHTS RESERVED. 3
Slide 4: AUTOZONE, INC., © 2025 ALL RIGHTS RESERVED.
AUTOZONE, INC., © 2025 ALL RIGHTS RESERVED. 4
Slide 5: Third Quarter FY 2025 – GAAP
Third Quarter FY 2025 – GAAP Financial Highlights ✓ Net Sales +5.4% ✓ Total Company SSS +5.4%; Domestic SSS +5.0%; International SSS +8.1% (Constant Currency)(1) ✓ Diluted weighted average shares outstanding decreased 3.1% vs Q3 FY24 ✓ During Q3 FY25, we repurchased $250 million in AutoZone stock in
Slide 6: YTD Third Quarter FY 2025 – GAAP
YTD Third Quarter FY 2025 – GAAP Financial Highlights ✓ Net Sales +3.3% ✓ Total Company SSS +3.4%; Domestic SSS +2.4%; International SSS +10.4% (Constant Currency) (1) ✓ Diluted weighted average shares outstanding decreased 3.7% vs Q3 FY24 ✓ FY25 YTD, we repurchased $1.1 billion in AutoZone stock 36
Slide 7: Growth Priorities
Growth Priorities U.S. Retail (DIY) U.S. Commercial (DIFM) International AUTOZONE, INC., © 2025 ALL RIGHTS RESERVED. 7
Slide 8: New Store Highlights
New Store Highlights During Q3 FY25, we accelerated our new domestic store openings by 69% and our new international store openings by 131% compared to Q3 FY24. AUTOZONE, INC., © 2025 ALL RIGHTS RESERVED. 8
Slide 9: Domestic Commercial Highlights
Domestic Commercial Highlights Financial Highlights # of Commercial Programs Total Domestic Commercial Programs 6,011 % increase in programs vs. LY 2.9% 12 Weeks Ended May 10, 2025 Trailing 4 Qtrs (1) Domestic Commercial Sales $1,270.3 $5,112.9 ($ millions) % increase in sales 10.7% 8.3% 12 Weeks En
Slide 10: Balance Sheet Highlights
Balance Sheet Highlights As of As of ($ in millions, except per store amounts are in thousands) May 10, 2025 May 4, 2024 Higher/(Lower) Inventory $ 6,823 $ 6,155 10.8% Inventory/store $ 908 $ 851 6.7% Inventory, net of payables $ (1,065) $ (1,214) (12.3%) Inventory, net of payables/store $ (142) $ (
Slide 11: Building Shareholder Value
Building Shareholder Value ✓ Live the Pledge ✓ Consistent, steady EPS growth ✓ Powerful Free Cash Flow generation ✓ Disciplined Capital Allocation • Invest to optimize performance of existing assets • Drive growth • Excess cash returned to shareholders ✓ Accelerate growth in Domestic Commercial and
Slide 12: AUTOZONE, INC., © 2025 ALL RIGHTS RESERVED.
AUTOZONE, INC., © 2025 ALL RIGHTS RESERVED. 12