AutoZone (AZO) Revenue — Quarter Ended Feb 10, 2024
Revenue for the quarter decreased compared to the immediately preceding quarter but increased compared to the same quarter one year earlier. The sequential decline followed a pattern of growth in the prior three quarters.
Key takeaway
Quarter ended Feb 10, 2024 · FY2024 Q2
Revenue for the quarter decreased compared to the immediately preceding quarter but increased compared to the same quarter one year earlier. The sequential decline followed a pattern of growth in the prior three quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.9B
Revenue reported for this quarter.
Quarter-over-quarter
-7.9%
Change from the immediately preceding quarter.
Year-over-year
+4.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$15.8B
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 11, 2023 | $3.7B | +9.5% |
| May 6, 2023 | $4.1B | +5.8% |
| Nov 18, 2023 | $4.2B | +5.1% |
| Feb 10, 2024 | $3.9B | +4.6% |
Revenue performance
The company reported a sequential decline in revenue for the quarter.
Quarterly comparison
Compared to the immediately preceding quarter, revenue decreased. However, compared to the same quarter one year ago, revenue increased.
What to watch
The prior quarters showed consistent growth, making this sequential decline a notable change.