AutoZone 2015 Annual Report Download - page 2

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Corporate Profile
• 5,609 locations (5,141 in 49 states, the District of
Columbia and Puerto Rico in the U.S., 441 stores in
Mexico, seven stores in Brazil and 20 IMC branches)
• 4,141 domestic Commercial programs
• 10 Distribution centers (8 in the United States,
1 in México and 1 in Brazil)
• More than 81,000 AutoZoners
AutoZone, Inc. is the nation’s leading retailer and a leading
distributor of automotive replacement parts and accessories in
the United States. We began operations in 1979 and at August
29, 2015, operated 5,141 AutoZone stores in the United States,
including Puerto Rico; 441 stores in Mexico; seven stores in
Brazil; and 20 Interamerican Motor Corporation (“IMC”) branches.
Each AutoZone store carries an extensive product line for cars,
sport utility vehicles, vans and light trucks, including new and
remanufactured automotive hard parts, maintenance items,
accessories and non-automotive products. At August 29, 2015,
in 4,141 of our domestic AutoZone stores we also have a
commercial sales program that provides commercial credit and
prompt delivery of parts and other products to local, regional
and national repair garages, dealers, service stations and public
sector accounts. We also have commercial programs in select
stores in Mexico and Brazil. IMC branches carry an extensive line
(Dollars in millions, except per share data) 2011 2012 2013* 2014 2015
Net Sales $8,073 $8,604 $9,148 $9,475 $10,187
Operating Profit $1,495 $1,629 $1,773 $1,830 $1,953
Diluted Earnings per Share $19.47 $23.48 $27.79 $31.57 $36.03
After-Tax Return on Invested Capital** 31.5 % 33.1 % 32.9 % 32.1% 31.2%
Domestic Same Store Sales Growth 6.4 % 3.9 % 0.0 % 2.8 % 3.8%
Operating Margin 18.5 % 18.9 % 19.4 % 19.3 % 19.2%
Cash Flow from Operations $1,292 $1,224 $1,415 $1,341 $1,525
*2013 includes a 53rd week
Selected Financial Highlights
of original equipment quality import replacement parts. We also
sell the ALLDATA brand automotive diagnostic and repair software
through www.alldata.com and www.alldatadiy.com. Additionally,
we sell automotive hard parts, maintenance items, accessories,
and non-automotive products through www.autozone.com, and
accessories and performance parts through www.autoanything.
com, and our commercial customers can make purchases through
www.autozonepro.com and www.imcparts.net. We do not derive
revenue from automotive repair or installation services.
** Certain balance sheet reclassifications have been made to the prior periods’ financial information
in order to conform to the current period’s presentation due to the adoption of a new accounting
standard.