9/24/12

It was a good year online for AutoZone

Web and total sales grow by 9% and 6.6%, respectively, in fiscal 2012.

Bill Briggs , Senior Editor

Auto parts retailer AutoZone Inc. ended fiscal 2012 with a nice uptick in e-commerce sales.

For the fiscal year ended Aug. 25, Auto Zone, No. 121 in the Internet Retailer Top 500, reported:

E-commerce accounted for 2.1% of total sales for the year, the same as in fiscal 2011.

“There are great opportunities for e-commerce sales growth on both a business-to-business basis and to an individual customer,” Bill Rhodes, CEO, told analysts on the company’s recent year-end earnings call. “This portion of our business, while small as a percentage of our overall sales mix, continues to experience faster sales growth than the auto parts stores.”

Auto Zone aims to increase sales to business customers via the Internet in fiscal 2012, Rhodes told analysts. “We've been expanding our product offerings and aggressively building our capabilities to serve our business-to-business customers more effectively. An example of this is our launch of the AllData product in Europe.”

Auto Zone also now has 321 stores in Mexico and plans to open one in Brazil. In the U.S., the company’s store total reached 5,000 with the opening of an Alaska location, the 49th state Auto Zone serves.

For the fourth quarter, AutoZone reported:

The web accounted for 2.1% of total sales for the quarter, compared with 2.0% in Q4 2011.

Topics:

2012 financials, AllData.com, auto parts sales online, Auto Zone, autozone.com, Bill Rhodes, Brazil store, Fiscal 2012 earnings, Mexico stores, online auto parts, online auto repair, Top 500

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