AutoZone, Inc. (AZO) CEO Bill Rhodes on Q3 2022 Results - Earnings Call Transcript

AutoZone, Inc. (NYSE:AZO) Q3 2022 Earnings Conference Call May 24, 2022 10:00 AM ET

Company Participants

Bill Rhodes - Chairman, President and Chief Executive Officer

Jamere Jackson - Executive Vice President and Chief Financial Officer

Brian Campbell - Vice President, Treasurer, Investor Relations and Tax

Conference Call Participants

Bret Jordan - Jefferies

Christopher Hoover - JPMorgan

Simeon Gutman - Morgan Stanley

Michael Lasser - UBS

Mike Baker - D.A. Davidson

Scot Ciccarelli - Truist Securities

Daniel Imbro - Stephens

Liz Suzuki - Bank of America

Zach Fadem - Wells Fargo

Operator

Good day, ladies and gentlemen and welcome to AutoZone’s 2022 Third Quarter Earnings Release Conference Call. [Operator Instructions] Before we begin, the company would like to read some forward-looking statements.

Brian Campbell

Before we begin, please note that today’s call includes forward-looking statements that are subject the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future performance. Please refer to this morning’s press release and the company’s most recent annual report on Form 10-K and other filings with the Securities and Exchange Commission for a discussion of important risks and uncertainties that could cause actual results to differ materially from expectations. Forward-looking statements speak only as of the date made and the company undertakes no obligation to update such statements. Today’s call will also include certain non-GAAP measures. A reconciliation of non-GAAP to GAAP financial measures can be found in our press release.

Operator

Thank you. It is now my pleasure to turn the floor over to your host, Bill Rhodes, Chairman, President and CEO of AutoZone. Sir, the floor is yours.

Bill Rhodes

Good morning and thank you for joining us today for AutoZone’s 2022 third quarter conference call. With me today are Jamere Jackson, Executive Vice President and Chief Financial Officer; and Brian Campbell, Vice President, Treasurer, Investor Relations and Tax.

Regarding the third quarter, I hope you have had an opportunity to read our press release and learn about the quarter’s results. If not, the press release along with slides complementing our comments today, are available on our website, www.autozone.com under the Investor Relations link. Please click on quarterly earnings conference calls to see them.

As we begin, we want to continue to stress that our highest priority remains the safety and well-being of our customers and AutoZoners, Everyone, everyone across the organization continues to take this responsibility seriously and I am very proud of how our team continues to respond to COVID-19 and subsequent variants. While mass mandates have abated, we continue to make sure the environments our AutoZoners are working in and our customers are shopping in are as safe as possible for these times.