AutoZone reports Q1 EPS $31.04, consensus $32.40

Reports Q1 revenue $4.63B, consensus $4.64B. Reports total company SSS up 4.7%. “I would like to thank our AutoZone (AZO)rs for delivering another quarter of strong sales growth. Our Domestic and International businesses performed well throughout the quarter as we continue to execute on our growth initiatives. We were especially pleased to open 53 net new stores globally in the quarter and we plan to aggressively open stores over the remainder of the fiscal year as we continue our focus on gaining market share. As we invest in growing our business, we will remain committed to our disciplined approach of increasing earnings and cash flow to drive shareholder value,” said Phil Daniele, President and Chief Executive Officer.