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AutoZone AZO Auto Parts Locations — Advertising Expense

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Other financials

Income statement

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Revenue$4.8B+8.4%
Gross profit$2.5B+7.3%
Operating income$923.8M+6.6%
Net income$641.5M+5.4%
EPS (diluted)$38.07+7.7%

Balance sheet

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Cash & equivalents$253.7M-5.5%
Total debt$12.6B+3.6%
Total equity-$2.8B+29.9%
Total assets$20.9B+12.3%

Cash flow

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Operating cash flow$2.1B-2.1%
CapEx$997.5M+12.6%
Free cash flow$1.1B-12.3%

Valuation

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Market cap$50.41B-18.3%
Enterprise value$62.79B-14.7%
P/E20.3×-3.7×
P/S2.5×-0.7×

Profitability

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Gross margin51.8%-1.2pp
Operating margin18%-1.6pp
Net margin12.4%-1.2pp
FCF margin25.6%

Returns & leverage

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Return on equity-73.3%
Debt / equity-4.5×
Current ratio0.9×0.0×

Where this comes from

Reported directly by AutoZone in its filing.

Tagged under the XBRL concept us-gaap:AdvertisingExpense.

The official record: AutoZone’s 10-Q, filed June 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AutoZone's auto parts locations — advertising expense?
AutoZone (AZO) reported auto parts locations — advertising expense of $71.08M in Q1 2026.
How has AutoZone's auto parts locations — advertising expense changed year-over-year?
AutoZone's auto parts locations — advertising expense decreased by 4.8% year-over-year, from $74.66M to $71.08M.
What does auto parts locations — advertising expense mean?
This captures the costs incurred to promote the brand and drive customer traffic to the store locations. It includes local and national marketing efforts aimed at both DIY and commercial customers.