AutoZone 2002 Annual Report Download - page 18

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Seventeen
Twelve Weeks Ended Weeks Ended
November 17, February 9, May 4, August 31,
(in thousands, except per share data) 2001 2002 2002 2002
Net sales $ 1,176,052 $ 1,081,311 $ 1,224,810 $ 1,843,337
Increase in comparable store sales 9% 12% 9% 7%
Gross profit $ 516,136 $ 474,900 $ 541,984 $ 842,367
Operating profit 155,504 121,149 182,433 311,922
Income before income taxes 136,077 102,871 165,014 287,186
Net income 84,077 63,771 102,314 177,986
Basic earnings per share $ 0.78 $ 0.60 $ 0.98 $ 1.77
Diluted earnings per share $ 0.76 $ 0.58 $ 0.96 $ 1.73
Stock price range:
High $ 68.00 $ 80.00 $ 80.00 $ 84.50
Low $ 38.07 $ 61.35 $ 61.23 $ 59.20
Sixteen
Twelve Weeks Ended Weeks Ended
November 18, February 10, May 5, August 25,
(in thousands, except per share data) 2000 2001 2001 2001
Net sales $ 1,063,566 $ 973,999 $ 1,139,957 $ 1,640,663
Increase in comparable store sales 2% 2% 5% 8%
Gross profit $ 445,565 $ 397,333 $ 482,578 $ 687,813
(b)
Operating profit 110,768 77,280 127,866
(a)
71,777
(b)(c)
Income before income taxes 87,788 51,736 104,025 43,477
Net income 53,788 31,736 63,525 26,477
Basic earnings per share $ 0.46 $ 0.28 $ 0.57 $ 0.24
Diluted earnings per share $ 0.46 $ 0.28 $ 0.56 $ 0.24
Stock price range:
High $ 28.00 $ 29.75 $ 31.98 $ 49.20
Low $ 21.00 $ 24.60 $ 24.37 $ 30.32
(a) Includes pretax impairment charges of $5.2 million.
(b) Includes pretax inventory writedowns resulting from restructuring initiatives of $30.1 million.
(c) Includes pretax impairment and restructuring charges of $121.5 million.
Quarterly Summary
(unaudited)
16 AZO Annual Report