5/26/11

Web sales for AutoZone accelerate in Q3

The web grew 12.6% while store sales increased 5.3%.

Mark Brohan , Research Director

Store sales grew, but the web grew slightly faster for automotive parts and accessories retailer AutoZone Inc. in the third quarter.

For the third quarter of fiscal 2011 ended May 7, AutoZone, No. 121 in the Internet Retailer Top 500 Guide, reported:

“We remain committed to our disciplined approach of growing operating earnings while efficiently utilizing our capital,” says CEO Bill Rhodes.

Internet Retailer calculates the web accounted for 2.0% of sales in the third quarter, compared with 1.9% in the third quarter of fiscal 2010.

For the first three quarters:

Internet Retailer calculates the web accounted for 2.1% in the first three quarters, the same as in the prior year.

Topics:

AutoZone, Bill Rhodes, third quarter, Top 500, web sales

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