AutoZone, Inc. (NYSE:AZO) Q1 2024 Results Conference Call December 5, 2023 10:00 AM ET
Company Participants
Bill Rhodes - Chairman and CEO
Phil Daniele - CEO-Elect
Jamere Jackson - CFO
Brian Campbell - VP, Treasurer, IR and Tax
Conference Call Participants
Bret Jordan - Jefferies
Michael Lasser - UBS
Max Rakhlenko - TD Cowen
Chris Horvers - JPMorgan
Seth Sigman - Barclays
Zach Fadem - Wells Fargo
Simeon Gutman - Morgan Stanley
Daniel Imbro - Stephens Inc.
Seth Basham - Wedbush Securities
Operator
Good day, everyone, and welcome to AutoZone’s 2024 First Quarter Earnings Release Conference Call. At this time, all participants have been placed on a listen-only mode and we will open the floor for your questions and comments after the presentation. Before we begin, the Company would like to announce the following forward-looking statements.
Unidentified Company Representative
Certain statements contain herein constitute forward-looking statements that are subject to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements typically use words such as believe, anticipate, should, intend, plan, will, expect, estimate, project, position, strategy, speak, may, could and similar expressions. These are based on assumptions and assessments made by our management in light of experience and perception of historical trends, current conditions, expected future developments and other factors that we believe will be appropriate.
These forward-looking statements are subject to a number of risks and uncertainties, including without limitation, product demand due to changes in fuel, prices, miles driven or otherwise, energy prices, weather, including extreme temperatures, natural disasters and general weather conditions, competition, credit market conditions, cash flows, access to available and feasible financing, unfavorable terms, future stock repurchases, the impact of recessionary conditions, consumer debt levels, changes in laws or regulations, risks associated with self insurance war and the prospect of war, including terrorist activity, the impact of public health issues, inflation, including wage inflation, the ability to hire, train, and retain qualified employees, including members of management and other key personnel, construction delays, failure or interruption of our information services technology systems, issues relating to the confidentiality, integrity, or availability of information, including due to cyber-attacks, historic growth rates, sustainability, downgrade of our credit ratings, damage to our reputation, challenges associated with doing business in and expanding into international markets, origin and raw material costs of suppliers, inventory availability, disruption in our supply chain, impact of tariffs, impact of new accounting standards, our ability to execute our growth initiatives, and other business interruptions.