AutoZone’s e-commerce sales increase 80% in the third quarter

May 23, 2013 01:07 PM

E-commerce sales shifted into high gear in the third quarter for auto parts chain retailer AutoZone Inc. as it also reported a growth in overall sales and income.

For the third quarter ended May 4, AutoZone, No. 129 in the Internet Retailer Top 500 Guide, reported:

  • Online sales, including all sales from, and, which sells diagnostic and related repair work software, grew year over year 80.1% to $77.8 million from $43.2 million.
  • Total sales of $2.21 billion, an increase of 4.7% from $2.11 billion in the third quarter of fiscal 2011.
  • Comparable-store sales decreased 0.1%.
  • Online sales accounted for 3.5% of overall sales, up from 2.0% a year earlier.
  • Net income increased to $265.6 million, up 6.8% from $248.6 million.

AutoZone’s December acquisition of AutoAnything spurred much of the online sales growth, said William C. Rhodes, AutoZone chairman, president and CEO, during a conference call with analysts about the results. “There are great opportunities for e-commerce sales growth on both a business-to-business basis and to individual customers, or B2C,” Rhodes said. “While these [online] businesses are relatively small for us at just 3.5% of our total sales mix, we are experimenting to understand where the most potential exists.”

For the first three quarters of fiscal 2013 AutoZone reported:

  • E-commerce sales of $179.1 million, a 43.7% increase from $124.6 million for the first three quarters of 2012. Web revenue includes all sales from parts and accessories web site, and, which sells diagnostic and related repair work software.
  • Total sales of $6.05 billion, a 3.6% increase from $5.84 billion.
  • Comparable-store sales increased 3.9%.
  • Online sales accounted for 3.0% of overall sales, up from 2.1% a year earlier.
  • Net income increased 6.4% to $645.3 million compared with $606.6 million in the first nine months of the prior year.

AutoZone’s fiscal year ends Aug. 24.




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