December 7, 2010, 4:21 PM

First quarter web sales accelerate for AutoZone

Web sales in the first quarter of fiscal 2011 grew by 11.6%.

Lead Photo

Web sales moved higher in the new fiscal year for multichannel auto parts and accessories retailer AutoZone Inc.

For the first quarter of fiscal 2011 ended Nov. 20, AutoZone reported:

  • Web sales, which includes all sales from and, which sells diagnostic and related repair work software, grew year over year 11.6% to $36.7 million from $32.9 million.
  • Total sales increased 13.3% to $1.79 billion from $1.58 billion.
  • Comparable-store sales increased 9.5%.
  • Net income increased 20% to $172 million from $143.3 million in the first quarter of fiscal 2010.

“This marks the eighth consecutive quarter of 20% plus growth in earnings per share and our 17th consecutive quarter of double-digit growth,” says CEO Bill Rhodes.

Internet Retailer calculates the web accounted for 2.1% in the first quarter, the same as in the prior year. AutoZone is No. 109 in the Internet Retailer Top 500 Guide.

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