Q1 2025 - AutoZone - Analysis
Sequential improvement in SSS, continued merchandise margin expansion
Following the earnings release of O’Reilly at the end of October, AutoZone was next in line. Let’s dig deeper into the numbers. At the time of writing, AutoZone stock is up 1.5% and reached a new all-time high. The outlook for the automotive aftermarket can be found below, and we’ve published extensive write-ups on both ORLY and AZO earlier this year.