AutoZone to Present at Lehman Conference

Apr 30, 2001, 01:00 ET from AutoZone, Inc.

    MEMPHIS, Tenn., April 30 /PRNewswire/ -- Steve Odland, chairman and chief
 executive officer of AutoZone, Inc. (NYSE:   AZO), will be making a presentation
 at the Lehman Brothers Retail Conference on Tuesday, May 1, 2001, at
 9:45 a.m.(EST).  Lehman Brothers is providing telephone access to the
 presentation by dialing (800) 553-3594 in the U.S. or (303) 804-1806
 internationally.  The passcode is 1012027.  A replay of the presentation will
 be available at (800) 625-5288 in the U.S. and (303) 804-1855 internationally
 for five days.  In addition, supporting slides will be available at
 AutoZone.com by clicking "About Us," "Investor Relations," "Presentations."
     Final results for AutoZone's third quarter ending May 5, 2001, will be
 released after market close on Thursday, May 24, 2001, followed by a
 conference call.  Based on preliminary results, AutoZone estimates same store
 sales in the range of 2-4% for the quarter and is comfortable with the First
 Call third quarter consensus estimate of $0.55 per share, compared to $0.50 in
 the prior year quarter.  In addition, AutoZone has decreased expected store
 openings for the year from approximately 175 to a little more than 100, as the
 result of increasing the hurdle rate for return on investment.
     As of February 10, 2001, AutoZone sells auto and light truck parts,
 chemicals and accessories through 2,972 AutoZone stores in 42 states plus the
 District of Columbia in the U.S. and 13 AutoZone stores in Mexico.  AutoZone
 also sells heavy-duty truck parts through 49 TruckPro stores in 15 states, and
 automotive diagnostic and repair software through ALLDATA, diagnostic and
 repair information through alldatadiy.com, and auto and light truck parts
 through AutoZone.com.
 
     Certain statements contained in this press release are forward-looking
 statements.  These statements discuss, among other things, expected growth,
 store development and expansion strategy, and future performance.  These
 forward-looking statements are subject to risks, uncertainties and
 assumptions, including without limitation, competition, product demand,
 domestic and international economies, inflation, the ability to hire and
 retain qualified employees, consumer debt levels and the weather.  Actual
 results may materially differ from anticipated results.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X74752217
 
 

SOURCE AutoZone, Inc.
    MEMPHIS, Tenn., April 30 /PRNewswire/ -- Steve Odland, chairman and chief
 executive officer of AutoZone, Inc. (NYSE:   AZO), will be making a presentation
 at the Lehman Brothers Retail Conference on Tuesday, May 1, 2001, at
 9:45 a.m.(EST).  Lehman Brothers is providing telephone access to the
 presentation by dialing (800) 553-3594 in the U.S. or (303) 804-1806
 internationally.  The passcode is 1012027.  A replay of the presentation will
 be available at (800) 625-5288 in the U.S. and (303) 804-1855 internationally
 for five days.  In addition, supporting slides will be available at
 AutoZone.com by clicking "About Us," "Investor Relations," "Presentations."
     Final results for AutoZone's third quarter ending May 5, 2001, will be
 released after market close on Thursday, May 24, 2001, followed by a
 conference call.  Based on preliminary results, AutoZone estimates same store
 sales in the range of 2-4% for the quarter and is comfortable with the First
 Call third quarter consensus estimate of $0.55 per share, compared to $0.50 in
 the prior year quarter.  In addition, AutoZone has decreased expected store
 openings for the year from approximately 175 to a little more than 100, as the
 result of increasing the hurdle rate for return on investment.
     As of February 10, 2001, AutoZone sells auto and light truck parts,
 chemicals and accessories through 2,972 AutoZone stores in 42 states plus the
 District of Columbia in the U.S. and 13 AutoZone stores in Mexico.  AutoZone
 also sells heavy-duty truck parts through 49 TruckPro stores in 15 states, and
 automotive diagnostic and repair software through ALLDATA, diagnostic and
 repair information through alldatadiy.com, and auto and light truck parts
 through AutoZone.com.
 
     Certain statements contained in this press release are forward-looking
 statements.  These statements discuss, among other things, expected growth,
 store development and expansion strategy, and future performance.  These
 forward-looking statements are subject to risks, uncertainties and
 assumptions, including without limitation, competition, product demand,
 domestic and international economies, inflation, the ability to hire and
 retain qualified employees, consumer debt levels and the weather.  Actual
 results may materially differ from anticipated results.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X74752217
 
 SOURCE  AutoZone, Inc.