AutoZone 2002 Annual Report Download - page 3

Download and view the complete annual report

Please find page 3 of the 2002 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.

Page out of 46

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46

Sales grew 10.5%to $5.3 billion.
Earnings per share increased to a record
$4.00 per share.
Cash flow from operations strengthened
to $739 million.
Return on invested capital reached
a record 19.8%.
102 new U.S. stores, 3,068
total stores across the country.
AutoZone stock delivered
a 52%annual return to shareholders.
…an extraordinary foundation for future growth!
Annual Report AZO 1
Table of Contents
Shareholder Letter . . . . . . . . . . . . . . . 2
Business Review . . . . . . . . . . . . . . . . . 4
Ten-Year Review . . . . . . . . . . . . . . . . . 14
Financial Review . . . . . . . . . . . . . . . . 17
Financial Statements . . . . . . . . . . . . . . 24
Notes . . . . . . . . . . . . . . . . . . . . . . . . 28
Officers . . . . . . . . . . . . . . . . . . . . . . . 40
Board of Directors . . . . . . . . . . . . . . . 42
AutoZ one Fiscal 2002
An outstanding year…
Financial Highlights