AutoZone 2004 Annual Report Download - page 2
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Please find page 2 of the 2004 AutoZone annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.LettertoShareholders:Page2
CEOSteveOdlandhighlightstheCompany’saccomplishmentsinF2004andreviews
AutoZone’songoingstrategicpriorities.
AutoZonedeMexico:Page14
With63storesacrossnorthernMexico,F2004continuedtomarkimportantmile-
stonesfortheMexicanbusiness.Besidesopening14newlocationsduringtheyear,
theCentrodeApoyoaTiendasopenedinMonterreymarkingasecondStoreSupport
CenterfortheAutoZonefamily.Withanestimatedretailautomotiveaftermarketsize
of$5billion**andover16millionvehicles,Mexicocontinuestoofferawonderful
developmentopportunityfortheCompany.
F2004Highlights:Byopening14newstores,gettingthenewin-countrydistribution
centerupandrunning,andcuttingtheribbononanewStoreSupportCenterin
Monterrey,MexicocontinuestoprovetheAutoZonebrandtravelswellacrossborders.
AutoZoneCommercial:Page10
#3positioninthe$48billion*Do-It-For-Me(DIFM)automotiveaftermarket
segment,AutoZonehasamere1.5%marketshare.Withsomuchopportunity
inthissegment,theCompany’sfocusistodrivemorecustomertrafficthroughthe
integratedsellingofqualityproductswithrapiddeliveryandanintegratedsoftware
solution,ALLDATA.
F2004Highlights:Byopeninganet268newprograms,completingtheMidas
integration,andexpandingthesuiteofservicesofferedbyALLDATA,theCompany
aimstobetheplacetobuypartsforallprofessionaltechnicians.
3,420U.S.StoresAcrossAll
48ContinentalUnitedStates
63MexicoStoresAcross
6MexicanStates
TheFinancialPerformanceZone:Page17
U.S.Retail:Page6
AutoZonestoresholdthe#1positioninthe$35billion*Do-It-Yourself(DIY)
automotiveaftermarketsegmentwithamarketshareofjustover13%.With
3,420company-ownedandoperatedstoresacrossall48ofthecontinental
UnitedStates,ourgoalistogrowourmarketsharewhileoptimizinglong-term
shareholdervalue.
F2004Highlights:Byopeninganet201newstores,completingseveralhundred
storerefreshesandintroducingmoreproprietarymerchandiselines,theCompany
continuestobethedestinationforDIYerslookingfortherightpartattherightprice.
*2004/2005AAIAFactbook
**AAIAGlobalAftermarketTrends—Mexico2003