AutoZone (AZO) Revenue — Quarter Ended Nov 23, 2024
Revenue for the quarter ended November 2024 increased compared to the prior quarter and the same quarter a year earlier. The growth rate from the prior quarter was smaller than the year-over-year rate.
Key takeaway
Quarter ended Nov 23, 2024 · FY2025 Q1
Revenue for the quarter ended November 2024 increased compared to the prior quarter and the same quarter a year earlier. The growth rate from the prior quarter was smaller than the year-over-year rate.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$4.3B
Revenue reported for this quarter.
Quarter-over-quarter
+1.0%
Change from the immediately preceding quarter.
Year-over-year
+2.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$16.6B
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 |
|---|---|---|
| Nov 18, 2023 | $4.2B | +5.1% |
| Feb 10, 2024 | $3.9B | +4.6% |
| May 4, 2024 | $4.2B | +3.5% |
| Nov 23, 2024 | $4.3B | +2.1% |
Revenue performance
Revenue rose during the latest quarter, reflecting a modest sequential improvement. The year-over-year comparison also showed an increase, indicating continued expansion.
Quarterly comparison
Compared to the immediately preceding quarter, revenue posted a slight increase. Versus the same quarter one year earlier, the increase was more pronounced.
What to watch
The sequential growth rate was lower than the year-over-year rate, suggesting a potential moderation in the pace of revenue expansion.