AutoZone (AZO) Revenue — Quarter Ended May 6, 2023
Revenue increased in the current quarter compared to the same period last year. The sequential trend from the preceding quarter also showed growth.
Key takeaway
Quarter ended May 6, 2023 · FY2023 Q3
Revenue increased in the current quarter compared to the same period last year. The sequential trend from the preceding quarter also showed growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.1B
Revenue reported for this quarter.
Quarter-over-quarter
+10.8%
Change from the immediately preceding quarter.
Year-over-year
+5.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.6B
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 |
|---|---|---|
| May 7, 2022 | $3.9B | +5.9% |
| Nov 19, 2022 | $4B | +8.6% |
| Feb 11, 2023 | $3.7B | +9.5% |
| May 6, 2023 | $4.1B | +5.8% |
Revenue performance
The company reported higher revenue for the quarter ended May 6, 2023. This marks a continuation of a positive trend with growth over both the immediate prior quarter and the year-ago quarter.
Quarterly comparison
Compared to the preceding quarter, revenue expanded at a faster pace than in the year-ago comparison. The trailing twelve-month revenue was also higher.
What to watch
The filing context does not contain specific discussions on revenue drivers; therefore, no additional watch items are identified from the supplied text.