AutoZone 2002 Annual Report Download - page 14

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12 AZO Annual Report
We’re more than effective managers.
We’re disciplined
stewards of capital
intent on growing sales profitably,
controlling costs and meeting or
exceeding our financial hurdles.
SAME STORE
SALES GROWTH
+10%
+8%
+6%
+4%
+2%
0
’98 ’99 ’00 ’01 ’02
Fiscal:
32%
31%
30%
29%
1%
0
’98 ’99 ’00 ’01 ’02
Fiscal:
15%
12%
9%
6%
3%
0
’98 ’99 ’00 ’01 ’02
Fiscal:
Before nonrecurring charges
$800
$600
$400
$200
0
’98 ’99 ’00 ’01 ’02
Fiscal:
($ in millions)
SG&A TO SALES RATIO OPERATING MARGIN CASH FLOW FROM
OPERATIONS