AutoZone (AZO) Q1 2018 Earnings Conference Call Transcript — The Motley Fool

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AutoZone (NYSE:AZO)
Q1 2018 Earnings Conference Call
Dec, 5, 2017 10:00 a.m. ET

Contents:

  • Prepared Remarks
  • Questions and Answers
  • Call Participants

Prepared Remarks:

Operator

Good morning and welcome to the Autozone conference call. Your lines have been placed on listen-only until the question-and-answer session after the conference. Please be advised that today’s call is being recorded. If you object, you may disconnect at this time.

In this conference call, we will discuss Autozone’s first-quarter earnings release. Bill Rhodes, the company’s chairman, president, and CEO will be making a short presentation on the highlights of the quarter. The conference call will end promptly at 10 a.m. Central time or 11 a.m. Eastern time. Before Mr. Rhodes begins, the company has requested that you listen to the following statement regarding forward-looking statements.

Recorded Statement

Certain statements contained in this presentation are forward-looking statements. Forward-looking statements typically use words such as “believe,” “anticipate,” “should,” “intend,” “plan,” “will,” “expect,” “estimate,” “project,” “positioned,” “strategy,” and similar expressions. These are based on assumptions and assessments made by our management in light of experience and perception of historical trends, current conditions, expected future developments, and other factors that we believe to be appropriate. These forward-looking statements are subject to a number of risks and uncertainties, including without limitation product demand; energy prices; weather; competition; credit market conditions; access to available and feasible financing; the impact of recessionary conditions; consumer debt levels; changes in laws or regulations; war and the prospect of war, including terrorist activity; inflation; the ability to hire and retain qualified employees; construction delays; compromising of the confidentiality, availability, or integrity of information, including cyber security attacks; and raw material cost of our suppliers.

Certain of these risks are discussed in more detail in the Risk Factors section contained in Item 1A under Part 1 of the annual report on Form 10-K for the year ended August 26, 2017, and these risk factors should be read carefully. Forward-looking statements are not guarantees of future performance, and actual results, developments, and business decisions may…

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