Slide 1: 4th Quarter Earnings Release, FY2024
4th Quarter Earnings Release, FY2024 AUTOZONE, INC., © 2024 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: Fourth Quarter Fiscal 2024 Conference Call
Fourth Quarter Fiscal 2024 Conference Call September 24, 2024 AUTOZONE, INC., © 2024 ALL RIGHTS RESERVED. 3
Slide 4: AUTOZONE, INC., © 2024 ALL RIGHTS RESERVED.
AUTOZONE, INC., © 2024 ALL RIGHTS RESERVED. 4
Slide 5: Fourth Quarter FY 2024 – GAAP
Fourth Quarter FY 2024 – GAAP Financial Highlights Net Sales +9.0% Total Company SSS +1.3%; Domestic SSS +0.2%; International SSS +9.9% (Constant Currency)(1) Diluted weighted average shares outstanding decreased 6.0% vs Q4 FY23 During Q4 FY24, we repurchased $711 million in AutoZone stock 1
Slide 6: Fourth Quarter FY 2024 – Adjusted
Fourth Quarter FY 2024 – Adjusted Financial Highlights Net Sales +2.6% Diluted weighted average shares outstanding decreased 6.0% vs Q4 FY23 During Q4 FY24, we repurchased $711 million in AutoZone stock 16 Weeks Ended 16 Weeks Ended in millions (excluding EPS and percentages) August 24, 2024(1
Slide 7: FY 2024 - GAAP
FY 2024 - GAAP Financial Highlights Net Sales +5.9% Total Company SSS +1.4%; Domestic SSS +0.4%; International SSS +10.2% (Constant Currency)(1) Diluted weighted average shares outstanding decreased 6.8% vs FY23 During FY24, we repurchased $3.2 billion in AutoZone stock 53 Weeks Ended 52 Wee
Slide 8: FY 2024 - Adjusted
FY 2024 - Adjusted Financial Highlights Net Sales +3.8% Diluted weighted average shares outstanding decreased 6.8% vs FY23 During FY24, we repurchased $3.2 billion in AutoZone stock 52 Weeks Ended 52 Weeks Ended in millions (excluding EPS and percentages) August 24, 2024(1) August 26, 2023 Bet
Slide 9: Growth Priorities
Growth Priorities U.S. Retail (DIY) U.S. Commercial (DIFM) International AUTOZONE, INC., © 2024 ALL RIGHTS RESERVED. 9
Slide 10: New Store Highlights
New Store Highlights 17 Weeks Ended 16 Weeks Ended 53 Weeks Ended 52 Weeks Ended August 31, 2024 August 26, 2023 August 31, 2024 August 26, 2023 Domestic: Beginning stores 6,364 6,248 6,300 6,168 Stores opened 68 53 136 133 Stores closed - (1) (4) (1) Ending domestic stores 6,432 6,300 6,432 6,300 R
Slide 11: Domestic Commercial Highlights
Domestic Commercial Highlights Financial Highlights # of Commercial Programs Total Domestic Commercial Programs 5,898 % increase in programs vs. LY 3.8% 17 Weeks Ended 53 Weeks Ended (1) (1) 8/31/2024 8/31/2024 Domestic Commercial Sales $1,662.6 $4,882.8 ($ millions) % increase in sales 10.9% 6.2% 1
Slide 12: Balance Sheet Highlights
Balance Sheet Highlights As of As of ($ in millions, except per store amounts are in thousands) August 31, 2024 August 26, 2023 Higher/(Lower) Inventory $ 6,155 $ 5,764 6.8% Inventory/store $ 837 $ 807 3.7% Inventory, net of payables $ (1,200) $ (1,437) (16.5%) Inventory, net of payables/store $ (16
Slide 13: 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 Commercial and DIY • Hub
Slide 14: AUTOZONE, INC., © 2024 ALL RIGHTS RESERVED.
AUTOZONE, INC., © 2024 ALL RIGHTS RESERVED. 14