AutoZone, Inc. (NYSE:AZO) Q4 2024 Earnings Conference Call September 24, 2024 10:00 AM ET
Company Participants
Brian Campbell - Vice President, Treasurer, Investor Relations & Tax
Phil Daniele - Chief Executive Officer
Jamere Jackson - Chief Financial Officer
Conference Call Participants
Simeon Gutman - Morgan Stanley
Bret Jordan - Jefferies
Chris Horvers - JPMorgan
Steven Forbes - Guggenheim Securities
Robbie Ohmes - Bank of America
Michael Lasser - UBS
Michael Baker - D.A. Davidson
Zach Fadem - Wells Fargo
Brian Campbell
Before we begin, please note that today's call includes forward-looking statements that are subject to 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 GAAP to non-GAAP financial measures can be found in our press release.
Operator
Good day, everyone, and welcome to AutoZone's 2024 Fourth 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.
It is now my pleasure to turn the floor over to your host, Phil Daniele, CEO of AutoZone. Sir, the floor is yours.
Phil Daniele
Thank you. Good morning, and thank you for joining us today for AutoZone's 2024 fourth quarter conference call.
With me today are Jamere Jackson, Chief Financial Officer; and Brian Campbell, Vice President, Treasurer, Investor Relations and Tax.
Regarding the fourth quarter, I hope you had an opportunity to read our press release and learn about our quarter's results. If not, the press release, along with slides complementing our comments today are available on our website at www.autozone.com under the Investor Relations link. Please click on the Quarterly Earnings Conference Call to see them.
As we begin this morning, I want to thank our more than 120,000 AutoZoners for their contributions during fiscal 2024 that resulted in our solid performance. As the first line of our pledge states, they continue putting our customers first, which resulted in total sales growth of 5.9% for the fiscal year, while earnings per share increased 13%. As a reminder, this fiscal year had an extra week of results. So, excluding the 53rd week, our sales were up 3.8%, while our EPS was up 10.4%.