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AutoZone Expects Third Quarter EPS of $.50, Up 28%

15 May 2000

AutoZone Expects Third Quarter EPS of $.50, Up 28%

    MEMPHIS, Tenn., May 15 AutoZone, Inc. today
reported sales for the quarter ended May 6, 2000, of $1.06 billion, an
increase of 9% over sales of $970 million in the prior year third quarter.
Same store sales, or sales for domestic auto parts stores open at least
one year, increased 6% for the quarter.
    The company expects to report third quarter net income of approximately
$67 million, or $.50 per share.  Prior year net income was $58.7 million, or
$.39 per share.
    During the quarter, AutoZone opened 17 new and replaced 3 auto parts
stores in the U.S. and opened 2 stores in Mexico.  Fiscal year-to-date,
AutoZone has opened 145 new auto parts stores in the U.S. and 7 in Mexico,
replaced 19 stores, and closed 2 former Chief stores.  In addition, AutoZone
opened 1 new and 1 replacement TruckPro store during the quarter, for
year-to-date totals of 2 new stores and 4 replacements.