AutoZone (AZO) Revenue — Quarter Ended Feb 11, 2023
Revenue for the quarter declined from the immediately preceding period. Compared with the same quarter last year, revenue increased.
Key takeaway
Quarter ended Feb 11, 2023 · FY2023 Q2
Revenue for the quarter declined from the immediately preceding period. Compared with the same quarter last year, revenue increased.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.7B
Revenue reported for this quarter.
Quarter-over-quarter
-7.4%
Change from the immediately preceding quarter.
Year-over-year
+9.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$14.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Feb 12, 2022 | $3.4B | +15.8% |
| May 7, 2022 | $3.9B | +5.9% |
| Nov 19, 2022 | $4B | +8.6% |
| Feb 11, 2023 | $3.7B | +9.5% |
Revenue performance
The reported revenue reflects a decrease relative to the prior quarter, which had shown a sequential increase. On a year-over-year basis, revenue continued to grow, though at a slower pace than the prior year's same quarter.
Quarterly comparison
Compared to the preceding quarter, revenue moved lower. Versus the same quarter one year ago, revenue was higher.
What to watch
The sequential revenue decline may warrant attention given the prior quarter's growth trend.