AutoZone, Inc. (NYSE:AZO) Q1 2025 Earnings Conference Call December 10, 2024 10:00 AM ET
Company Participants
Brian Campbell - VP, Treasurer, IR and Tax
Phil Daniele - CEO
Jamere Jackson - CFO
Conference Call Participants
Bret Jordan - Jefferies
Simeon Gutman - Morgan Stanley
Mark Jordan - Goldman Sachs
Michael Lasser - UBS
Chris Horvers - JPMorgan
Steven Forbes - Guggenheim Securities
Steven Zaccone - Citi
Scot Ciccarelli - Truist
David Bellinger - Mizuho Securities
Greg Melich - Evercore
Scott Stember - ROTH MKM
Operator
Good day, everyone. Welcome to AutoZone's 2025 Q1 Earnings Release Conference Call. [Operator Instructions]
Before we begin, the client would like to read the forward-looking statement. Please go ahead.
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
I would now like to turn the floor over to Phil Daniele. The floor is yours.
Phil Daniele
Thank you. Good morning, and thank you for joining us today for AutoZone's 2025 first quarter conference call. With me today are Jamere Jackson, Chief Financial Officer; and Brian Campbell, Vice President, Treasurer, Investor Relations and Tax.
Regarding the first quarter, I hope you had the 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, www.autozone.com, under the Investor Relations link. Please click on the quarterly earnings conference call to see them.
As we begin, I want to thank our more than 125,000 AutoZoners across the globe for their commitment to the first line of our pledge which states, AutoZoners always put customers first. Their contributions continue to drive our performance. We knew this first quarter would be similar to last quarter as our expectations for domestic same-store sales were muted and our international sales would be up against a difficult FX rate comparison. As we mentioned on our previous conference call, we did not expect the macro environment to positively impact our results. We are, however, optimistic that our improved execution and customer service initiatives are on track. The environment will improve as we experience winter weather, and the uncertainty of the election are now behind us.