conference call. me Jamere and President Chief Executive Investor are thank and With Vice for Jackson, Tax. and morning Treasurer, Officer; Vice today President, you Campbell, quarter and for Relations Brian Financial us today Good fourth joining AutoZone's XXXX
hope our If learn an comments conference fourth had opportunity the earnings on quarter, the today, the are press read see Please not to the I about them. slides release, link. www.autozone.com on along click available to complementing Regarding Investor under website, with calls quarterly and our you've quarter's release our press Relations results.
grew year had our a we we its is with rates We this the a position, in success AutoZoners, with ongoing same-store XX.X% quarter, have you challenges, rising efforts drove evaluate the customers of finished phenomenal always in any pandemic, supply supply putting very As growth the of for the our will of our challenging We helped year, both interest and this could from cadence morning, two-year and first, success in fantastic retail our at highest from to chain led in-stock over versus expectations organization. FY performance, categories highest on growth. top our discrepancies. merchandise thanks terrific top we've which resurgence comp strong overall Congratulations want our industry-leading as They our growth DIFM our XX in an positive our weeks exceptionally as major success. levels Throughout sales staffing and customers for our we and far year, sales last levels, resulted of in quarter environment our resulting gains and inflation decades, their and the results team's This This recognize QX regional improve review environment experienced. this to pledge incredible sales performance likely and the the AutoZoners on resulting across XX.X% very at year. not trends, a contributions we begin, the without began FY to tremendous a for achieved commercial year. the ever exceeded comp 'XX year. difficult chain storylines. additional of sales efforts the Any in all DIY a put overall and our performance among states terrific way that that first, sales These past of the 'XX. year share our beginning
how 'XX. also our FY and for is impact how cost our inflation and share We inflation will will business affecting retails think our we
on comp X.X%. XX.X% top two-year remarkable On sales of basis, XX.X% stacked same-store delivered and last basis, impressive a we year's X.X% were a on comp. three-year a domestic Our an quarter this
exceptionally delivered above. high level an despite once difficult and team and again amazing executed comparisons the results mentioned significant challenges Our at I
north strong, XX%. domestic with and of growth Our for commercial growth both rates retail were commercial
XX%. consecutive sixth was commercial quarter growth our above This
QX last in Additionally, an in impressive $XXX more We than accomplishment. sales, sales million billion with $X.XXX year. generated in Commercial fourth a set this quarter record quarter
Senior billion year, lofty the in XX%. over $X was National FY Commercial, billion goal to That sales Last Meeting, sales for commercial at a enough. fall, a $X.X achieve our 'XX. ultimately lofty McGee, stretched our $X.X our of For just goal Sales year billion fiscal up ago, VP versus were Grant a declared near
We weekly per auto our record at store also represented store quarter Domestic year's in just $XX,XXX $XX,XXX for for set last sales, any XX% a per to XX% average record another compared of versus sales year. quarter. us last domestic sales commercial parts
strength times, we the be and been years. hub driven coverage, several on to working the mega-hub make commercial being business with by the satellite quote we to to improvements sales Our technology effectiveness priced by proposition force Improved sales better value us enhancing store Duralast do and initiatives easier the last in for for our right pledge have delivery growth of brand, our consistent massive with, improve continues deliver. key inventory, living
performance commercial, we execute performance. of We comp organization's in our are extremely We're X.X% in and positive a We DIY. this continue domestic proud to had our proud also very quarter. of team's
comp two-year the QX's, comp decelerated are at three-year year's than XX.X%. we is last more our While XX.X% relevant we higher quarter from versus and believe the
For comparison, And X.X%. so FY 'XX. the very the of conviction much results driven the and the data share various the continue sustainability we of strong, that performance the retain FY stimulus have we us And 'XX. enormous stages had we year, To majority to built our last the were we considering importantly, continued in are year which we dollars were in the FY up DIY difficult to by These recent grew 'XX. about the into we in vast in full forms very was we results the year. units during gains proud more From gives for of our of comp XX% level us, considering pandemic. DIY set, available initial 'XX,
cadence. sales on focus let's Now
XX Our early spans May of end the August. quarter weeks, through
to over X.X%. The weeks, the dropping increased X.X%. halved, And high to next weeks over same-store eight four digits, up was it four the sales growth our reaccelerated then. Our first nearly single weeks, materially last X.X%.
difficult going year-over-year much year was interpret to the so as are last All of comparisons and year on even before. these
the However, and and XX.X% the comp of three-year periods the increased for periods X.X%, increased XX%, two-year XX.X%, for four-week XX.X% four-week quarter our XX.X%, of XX.X%, respectively. the was comp quarter But and XX.X%, respectively. QX, X.X% our was XX.X% and
of by been the sales we gains encouraged have the the pandemic. We sustainability enormous the generated of since beginning
country, but positive Regarding became effect we and we trends of By it experienced weather July, across June, on the most weather very small had Overall, unseasonably our sales however, cooler feel in May warm country. slightly and wetter for the slightly August. remained a it across and hot performance. weather
to normal anticipate weather patterns. the As we months, we look forward fall
weather, failure parts maintenance. accelerated historically As extreme or cold a drives hot, reminder, and
traffic X%. roughly Regarding this our versus ticket quarter's our up retail, about traffic ticket was while was growth, down in X%,
decline surprising demand by Our floor wasn't lower transaction discretionary and driven sales for items. was count
trends. However, three-year we were pleased last with be transaction to quarter's in line
quite are commercial. ongoing to share we data. unit we growth very the in also We sales We're with are the experience trends market in our also seeing share in continue pleased encouraged by
momentum. The is customers and hear it AutoZoners for sales are existing the say our last determined our execute and along the meaningfully and continue now, tickets growth I'll positive from we importantly, coming stores few growth to our our to inflation. and as years keep and very we new customers visit growth from we're from and opportunities our offerings. find our changed as encouraging acceleration implement on as but the reception prospective price regularly to focused receiving faster continue customers transaction over and strategy. commercial we're to our commercial grow Our than to has it meaningfully customers on customers, future determined, I our comments from AutoZoners higher with market,
simply, stated is overtime become goal in the sectors. industry Our both to leader
continue pleased into the are start the seeing in we domestic we businesses momentum As fall to new both year, our fiscal heading months. with be we
there During the better were there than are. as others that regions some did always quarter, geographic
Midwest basis XX balance point to and we the quarter, with This country compared and saw higher. between Northeast Midwest Northeast the the the being of difference a
the their sales and in were May June, As and Northeast Midwest accelerated. warmer
itself reversed the trend over weeks quarter. the last this eight However, of
faster As impact Midwest sales. continue the up, of the have quarter only comp the markets. the our heated first will into and believe Northeast Heading minimal sales than we of year, fiscal new grew weather those the regions on to country a remainder their
more specifics performance on the for into quarter. move let's Now
fourth a share, $XX.XX said up were versus sales While same-store was income X.X% XX.X%. net year's our was EPS our quarter, last increasing I and our million $XXX
Regarding approximately with categories hot business, in our a X.X% retail categories our them. merchandise sales the parts floor between difference outperformed
do represent the our for see and while delivering exceed as we were as the gas categories approximately XX% are categories improve discretionary continue of encouraged in our bounce In by general, we The the As this quarter believe were prices was category have But hard due XX% one performance QX. to abated, are to we to in successfully DIY driven back quarter, our business they categories mix. initiatives encouraged up well quarter. X.X% year lapped a battery down This versus year see last discretionary bit. X.X% performed our parts miles failure our recently, driven any will in categories of retail weaker strong sales increased, prices certainly are gas We to More very the at category fall expectations. solid heat expect this our softened. last merchandise well, that growth to sales and discretionary results.
inflation address Let me also and pricing.
cost our believe of saw will We we which similar. XX% from sales by numbers with goods, quarter, be was up the in both XX%. line inflation, for This first quarter about increase
in rising is all our inflation suppliers, prevalent been transportation and We material the pricing, inflation and us labor has space. aftermarket As impacting believe raw stabilizing. are costs
slowing. wage costs deflation that not reaching are seeing after transportation cost seeing to levels, is We labor we seeing are nor signs we growth any product but begin moderate are yet historic
industry our Importantly, pricing that cost. I reflect disciplined It not periods our to that of for inflation, continue. and pricing margins. want expect as is higher to to out also costs to have increased point increased, has reduced following lower has has historically about we the maintain notable that pricing decades, commensurately industry been Historically, industry
to the remains I past While is both consistent that forecast previously be sales on current two- the encouraged for said we sales. environment, it all quarter comp What basis. to been difficult to sales five us three-year continue with have stacked near and midterm a
sectors. going achieved about excited difficult growth are both we the gains to execution share and tremendous we've our in predict it's sales team's forward, our While initiatives,
environment that the the macro if some the to in customers. we an past believe overall even over long of for pressures positioned inflationary XX industry XX our that solid fade, near-term been favorable is these are despite growth trends for And Over term. we for our has months, industry
continued on execute our quarter we For our differentiating by XXXX, our to the sales strength business led in of be as initiatives. commercial expect we performance first our
outlook and will, trends We as transparent markets as about provide are we seeing on what color always, be emerge. and our
to color Before handing give on over few highlight for the of a fiscal our some and like the priorities call to Jamere, year. new business I'd key
our we ability We that say availability. lead First, continue our and improved with to flight focusing local turn, mega-hub frequently in drive yes placing intelligently our initiatives more in drive to two our will are to on and in expanded inventory supply are rollouts. customers hub our One chain markets is to know to more sales.
on that center DCs our to but we We Secondly, in our didn't country. to This safety will to the three handle capacity. postponing centers of other two inventory this distribute opened also announce therefore, month drive basis. yet to the stores, reducing allocation and These DC and allow a to and turning distribution Mexico. they ordered direct times that as them timelier business the grow new carry reduce our is to footprint. abroad the Coast facility XX% DCs We demand us years I'm to a in on we us we across inventory domestically West did, allow will development products in product expect flow distribution just not new that facility only import our slower one stock. are excited will additional announced increase expanding and
to and strategy our been recent customer, closer on in we closer success, more has to especially significant believe chain carrying it contributor commercial. the a Our and focused product is supply
continue our Additionally, continuing businesses in Mexico plan to and businesses Brazilian grow impressive had to beyond. XXX we this grow open should internationally, past and performance almost stores and XXXX fiscal on these and year
U.S. in and leveraging our are in refine the Brazil. the We have learnings of offerings many Mexico we to
Jamere? I'll Jackson. Jamere turn over call Now, to the
