AZO: 10-K Risk Factor Changes

2024 vs 2023  ·  SEC EDGAR  ·  2026-06-01
Other years: 2025 vs 2024
✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

17
New Risks
20
Removed
37
Modified
36
Unchanged
🟢 New in Current Filing If we cannot profitably increase our market share in the commercial auto parts business, our sales growth may be limited. 🔒
🟢 New in Current Filing Inability to acquire and provide quality merchandise at competitive prices could materially adversely affect our sales and results of operations. 🔒
🟢 New in Current Filing We are subject to a complex and evolving body of laws and regulations regarding data privacy and may face increased costs as a result of changes in, enforcement of, or the adoption of new laws and regulations. These costs may have a material adverse impact on our business and results of operations. 🔒
🟢 New in Current Filing Our business, results of operations, financial condition and cash flows may be adversely affected by the adoption of new laws, changes to existing laws, increased enforcement activity or other governmental actions. 🔒
🟢 New in Current Filing Risk Management and Strategy 🔒
🟢 New in Current Filing For fiscal 2024, net sales increased to $18.5 billion, a 5.9% increase over the prior year. Our retail sales and commercial sales in our domestic and international markets grew as we continue to make progress on our growth initiatives aimed at improving parts availability and providing WOW! Customer Service. Operating profit increased 9.1% to $3.8 billion, net income increased 5.3% to $2.7 billion and diluted earnings per share increased 13.0% to $149.55 for the year. 🔒
🟢 New in Current Filing Quarterly Periods 🔒
🟢 New in Current Filing Fiscal 2024 Results of Operations Excluding 53rd Week 🔒
🟢 New in Current Filing Recently Issued Accounting Pronouncements 🔒
🟢 New in Current Filing August 31, 2024 🔒
🟢 New in Current Filing August 31, 2024 🔒
🟢 New in Current Filing August 26, 2023 🔒
🟢 New in Current Filing Note D – Leases 🔒
🟢 New in Current Filing August 26, 2023 🔒
🟢 New in Current Filing August 26, 2023 🔒
🟢 New in Current Filing August 31, 2024 🔒
🟢 New in Current Filing Note F – Supplier Financing Programs 🔒
🔴 No Match in Current Filing We may not be able to sustain our historic rate of sales growth. 🔒
🔴 No Match in Current Filing Our business depends upon hiring, training and retaining qualified employees, including members of management and other key personnel. 🔒
🔴 No Match in Current Filing We are subject to risks associated with products sourced outside the U.S. 🔒
🔴 No Match in Current Filing Failure to maintain the security of sensitive personal information or other confidential information in our possession could subject us to litigation or regulatory enforcement action, cause reputational harm and cause us to incur substantial costs or have a material adverse impact on our business and financial condition. 🔒
🔴 No Match in Current Filing A downgrade in our credit ratings or a general disruption in the credit markets could make it more difficult for us to access funds, refinance our debt, obtain new funding or issue debt securities. 🔒
🔴 No Match in Current Filing Constant Currency (1) 🔒
🔴 No Match in Current Filing Recently Adopted Accounting Pronouncements 🔒
🔴 No Match in Current Filing Overview of Share-Based Payment Plans 🔒
🔴 No Match in Current Filing Stock Options 🔒
🔴 No Match in Current Filing Contractual 🔒
🔴 No Match in Current Filing Exercise Price 🔒
🔴 No Match in Current Filing Restricted Stock Units 🔒
🔴 No Match in Current Filing Date Fair Value 🔒
🔴 No Match in Current Filing Stock Appreciation Rights 🔒
🔴 No Match in Current Filing Employee Stock Purchase Plan and Executive Stock Purchase Plan 🔒
🔴 No Match in Current Filing August 26, 2023 🔒
🔴 No Match in Current Filing August 26, 2023 🔒
🔴 No Match in Current Filing August 27, 2022 🔒
🔴 No Match in Current Filing Note G – Accumulated Other Comprehensive Loss 🔒
🔴 No Match in Current Filing Derivatives 🔒
🟡 Modified If we are unable to compete successfully against other businesses that sell the products that we sell, we could lose customers and our sales and profits may decline. 🔒
🟡 Modified Liquidity and Capital Resources 🔒
🟡 Modified Opinion on the Financial Statements 🔒
🟡 Modified Information Technology, Cybersecurity and Data Privacy Risks 🔒
🟡 Modified Disruptions in our supply chain and other factors affecting the distribution of our merchandise could adversely impact our business. 🔒
🟡 Modified Business interruptions may negatively impact our operating hours, operability of our computer and other systems, availability of merchandise and otherwise have a material adverse effect on our sales and our business. 🔒
🟡 Modified August 26, 2023 🔒
🟡 Modified Critical Accounting Policies and Estimates 🔒
🟡 Modified Selected Operating Data 🔒
🟡 Modified A downgrade in our credit ratings or a general disruption in the credit markets could make it more difficult for us to access funds, refinance our debt, obtain new funding or issue debt securities. 🔒
🟡 Modified We may not be able to sustain our historic rate of sales growth. 🔒
🟡 Modified Failure to maintain the security of sensitive personal information or other confidential information in our possession could subject us to litigation or regulatory enforcement action, cause reputational harm and cause us to incur substantial costs or have a material adverse impact on our business and financial condition. 🔒
🟡 Modified Note E – Income Taxes 🔒
🟡 Modified Our business depends upon hiring, training and retaining qualified employees, including members of management and other key personnel. 🔒
🟡 Modified AutoZone, Inc. Consolidated Statements of Cash Flows 🔒
🟡 Modified Note G – Accrued Expenses and Other 🔒
🟡 Modified Fiscal Year Ended August 🔒
🟡 Modified Fiscal Year Ended August 🔒
🟡 Modified Balance Sheet Data 🔒
🟡 Modified We are subject to risks associated with products sourced outside the U.S. 🔒
🟡 Modified Stock Performance Graph 🔒
🟡 Modified August 29, 2020 🔒
🟡 Modified Constant Currency (1) 🔒
🟡 Modified Income Statement Data 🔒
🟡 Modified We may be unable to achieve the goals and aspirations set forth in our environmental, social and governance (ESG) report, particularly with respect to the reduction of GHG emissions, or otherwise meet the expectations of our stakeholders with respect to ESG matters. 🔒
🟡 Modified Recently Adopted Accounting Pronouncements 🔒
🟡 Modified Our business is impacted by various factors within the economy that affect both our consumer and our industry, including but not limited to inflation, interest rates, levels of consumer debt, fuel and energy costs, prevailing wage rates, foreign exchange rate fluctuations, supply chain disruptions, hiring and other economic conditions. Given the nature of these macroeconomic factors, which are generally outside of our control, we cannot predict whether or for how long certain trends will continue, nor can we predict to what degree these trends will impact us in the future. 🔒
🟡 Modified Liabilities and Stockholders’ Deficit 🔒
🟡 Modified Maximum Dollar Value that May Yet Be Purchased Under the Plans or Programs 🔒
🟡 Modified Earnings per Share: Basic earnings per share is based on the weighted average outstanding common shares. Diluted earnings per share is based on the weighted average outstanding common shares adjusted for the effect of common stock equivalents, which are primarily stock options. There were 118,771, 140,071 and 142,887 stock 🔒
🟡 Modified AutoZone, Inc. Consolidated Statements of Income 🔒
🟡 Modified Fiscal Year Ended August 🔒
🟡 Modified Valuation of Self-insurance Reserves 🔒
🟡 Modified Store Square 🔒
🟡 Modified AutoZone, Inc. Consolidated Balance Sheets 🔒
🟡 Modified AutoZone, Inc. Consolidated Statements of Comprehensive Income 🔒
🟡 Modified Obligations 🔒
74 changes in this historical filing

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