AutoZone, Inc. is a leading retailer and distributor of automotive replacement parts and accessories in the Americas. The company's stores offer an extensive product line for cars, sport utility vehicles, vans, and light duty trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. AutoZone also has a commercial sales program that provides prompt delivery of parts and other products and commercial credit to local, regional, and national repair garages, dealers, service stations, fleet owners, and other accounts. Additionally, they sell products through their website, www.autozone.com, and commercial customers can make purchases through www.autozonepro.com. They also sell automotive diagnostic, repair, collision and shop management software through www.alldata.com and provide product information on their Duralast branded products through www.duralastparts.com. The company does not derive revenue from automotive repair or installation services.

• Employees: 126,000 (as of August 31, 2024)
• Geographic Footprint: United States, Mexico, and Brazil
• Headquarters: Memphis, Tennessee
• Founded: 1979
• Number of locations/facilities: 7,353 stores (as of August 31, 2024)
• Revenue: $18.5 billion (FY2024)
• Key Subsidiaries/Brands: ALLDATA, Duralast, Econocraft, ProElite, ShopPro, SureBilt, TotalPro, TruGrade, Valucraft

• Executive Chairman: William C. Rhodes, III
• CEO: Philip B. Daniele, III
• CFO: Jamere Jackson
• Chief Operating Officer: Thomas B. Newbern
• Other Key Executives: William R. Hackney (Executive Vice President – Merchandising, Marketing and Supply Chain), Jennifer M. Bedsole (Senior Vice President, General Counsel & Secretary), K. Michelle Borninkhof (Senior Vice President and Chief Information Officer), Eric S. Gould (Senior Vice President – Supply Chain), Domingo J. Hurtado (Senior Vice President – International), Kenneth E. Jaycox (Senior Vice President – Commercial), Lindsay W. Lehman (Senior Vice President – Marketing), Dennis W. LeRiche (Senior Vice President – Store Operations), Richard C. Smith (Senior Vice President – Human Resources)

William C. Rhodes, III was appointed Executive Chairman in January 2024 and has been Chairman since 2007. Philip B. Daniele III was appointed President and Chief Executive Officer in January 2024. Jamere Jackson was named Chief Financial Officer in September 2020. Thomas B. Newbern was named Chief Operating Officer in September 2023.

• Annual Revenue: $18.5 billion (FY2024)
• Net Income: $2.7 billion (FY2024)
• Total Assets: $17.2 billion (as of August 31, 2024)
• Employees: 126,000 (as of August 31, 2024)
• Key Financial Highlights: Net sales increased by 5.9% year-over-year. Operating profit increased by 9.1% year-over-year. Net income increased by 5.3% year-over-year. Diluted earnings per share increased by 13.0% year-over-year.

AutoZone offers a wide range of automotive parts and accessories.

• Automotive Hard Parts: New and remanufactured parts for various vehicle systems.
• Maintenance Items: Products such as oil, filters, and brake pads.
• Accessories: Interior and exterior vehicle accessories.
• Non-Automotive Products: Items such as tools and other related products.
• Commercial Sales Program: Delivery of parts and other products to local, regional, and national repair garages, dealers, service stations, fleet owners, and other accounts.
• Software: ALLDATA brand of automotive diagnostic, repair, collision and shop management software.

AutoZone operates primarily in one reportable segment: Auto Parts Stores, which includes domestic operations in the U.S., as well as operations in Mexico and Brazil. The company also has an Other category which includes ALLDATA and E-commerce operations.

• Auto Parts Stores: $18.2 billion in net sales (FY2024)
• Other: $0.3 billion in net sales (FY2024)

AutoZone's strategy focuses on improving parts availability, providing excellent customer service, and growing its commercial business. Key strategic initiatives include expanding the store network, enhancing the supply chain, and developing new commercial programs. The company also focuses on leveraging technology to improve customer experience and operational efficiency. The company's long-term goals include increasing market share, improving profitability, and returning value to shareholders.

• Key strategic initiatives include new store openings, existing store remodels, and expansion.
• Growth drivers include same store sales, new store openings, and commercial programs.
• Investment priorities include supply chain improvements and technology initiatives.

AutoZone operates in the highly competitive automotive aftermarket industry. The company competes with national, regional, and local auto parts chains, independently owned parts stores, online retailers, wholesalers, jobbers, repair shops, car washes, and auto dealers. The company's competitive advantages include its customer service, merchandise quality, selection and availability, product warranty, store layouts, location and convenience, price, and the strength of its AutoZone brand name, trademarks and service marks.

• Market Position: Leading retailer and distributor of automotive replacement parts and accessories in the Americas.
• Key Competitors: National, regional, and local auto parts chains, independently owned parts stores, online retailers, wholesalers, jobbers, repair shops, car washes and auto dealers.
• Industry Trends: Increasing number of older vehicles, rising miles driven, and advancements in automotive technology.

• Market Risks: Demand for products may be affected by the number of older vehicles, miles driven, fuel and energy prices, economic conditions, weather, technological advances, prevalence of electric vehicles, and the quality of vehicles manufactured by the original vehicle manufacturers.
• Operational Risks: The company's ability to compete successfully, sustain sales growth, manage in-stock inventory and costs, hire and retain qualified employees, and manage the supply chain and distribution network are key operational risks.
• Financial Risks: The company is exposed to risks related to self-insurance costs, credit ratings, access to funds, and changes in interest rates.
• Regulatory Risks: The company is subject to numerous federal, state, and local laws and regulations, including those related to environmental matters, labor and employment, data privacy, and cybersecurity.