AutoZone 2004 Annual Report Download - page 3

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1979
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2002
2004
2003
We฀opened฀our฀very฀first฀Auto฀Shack฀in฀Forrest฀City,฀AR.฀฀
Doc฀Crain฀was฀the฀first฀store฀manager.฀Today,฀we฀have฀more฀฀
than฀3,400฀AutoZone฀stores฀nationwide.
Doc฀Crain฀coined฀the฀term฀WITTDTJR฀(What฀It฀Takes฀To฀Do฀฀
The฀Job฀Right!).฀฀
We฀gave฀our฀first฀Extra฀Miler฀Award฀to฀Memphis฀store฀manager฀
Darren฀Reltherford.฀We฀still฀recognize฀AutoZoners฀who฀go฀the฀extra฀
mile฀for฀their฀customers.฀Today,฀thousands฀of฀AutoZoners฀wear฀
their฀Extra฀Miler฀pins฀with฀pride.
We฀changed฀our฀name฀from฀Auto฀Shack฀to฀AutoZone.
Our฀stock,฀NYSE฀symbol฀AZO,฀made฀its฀debut฀on฀the฀New฀York฀
Stock฀Exchange.฀We฀also฀became฀the฀first฀auto฀parts฀retailer฀to฀
register฀customer฀warranties฀in฀a฀national฀computer฀database.฀฀
We฀experienced฀unprecedented฀growth฀by฀acquiring฀nearly฀800฀
stores฀from฀other฀auto฀parts฀retailers.฀The฀AutoZone฀presence฀
expanded฀to฀38฀states.฀We฀also฀opened฀our฀first฀store฀outside฀the฀
United฀States฀in฀Nuevo฀Laredo,฀Mexico.
We฀made฀the฀Fortune฀500฀list฀(at฀456)฀for฀the฀first฀time.฀Today฀
AutoZone฀ranks฀331฀overall.
AutoZoners฀developed฀a฀network฀of฀“hub฀and฀satellite”฀stores฀฀
to฀get฀product฀to฀the฀customer฀faster,฀to฀eliminate฀lost฀sales฀฀
and฀to฀have฀more฀product฀in฀the฀market฀area฀while฀reducing฀
inventory฀investment.
Two฀leaders฀in฀the฀automotive฀industry—AutoZone฀the฀leader฀in฀
aftermarket฀auto฀parts฀and฀Midas฀a฀leader฀in฀automotive฀repair—฀
established฀a฀relationship฀where฀AutoZone฀distributes฀to฀U.S.฀฀
Midas฀locations.฀฀
AutoZone฀became฀the฀title฀sponsor฀of฀the฀NASCAR฀AutoZone฀Elite฀
Division.฀With฀a฀dedicated฀audience฀of฀DIYers,฀the฀sport฀offers฀an฀
opportunity฀to฀draw฀new฀customers฀to฀our฀stores.