AutoZone (AZO) Revenue — Quarter Ended May 4, 2024
Revenue for the period was higher than the preceding period. It also exceeded the level reported for the same period a year ago.
Key takeaway
Quarter ended May 4, 2024 · FY2024 Q3
Revenue for the period was higher than the preceding period. It also exceeded the level reported for the same period a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.2B
Revenue reported for this quarter.
Quarter-over-quarter
+9.8%
Change from the immediately preceding quarter.
Year-over-year
+3.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.4B
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 6, 2023 | $4.1B | +5.8% |
| Nov 18, 2023 | $4.2B | +5.1% |
| Feb 10, 2024 | $3.9B | +4.6% |
| May 4, 2024 | $4.2B | +3.5% |
Revenue performance
Revenue increased compared to both the immediately preceding period and the same period one year earlier.
Quarterly comparison
The revenue figure was higher than both the prior period and the year-ago period.
What to watch
A decline in product demand could pressure operating cash flows, as noted in the filing.