Autozone Inc at UBS Global Consumer and Retail Conference Transcript

Mar 05, 2020 / 06:00PM GMT
Michael Lasser - UBS Investment Bank, Research Division - MD and Equity Research Analyst of Consumer Hardlines

Welcome, everyone. I am Michael Lasser, the hardline, broadline and food retail analyst from UBS. We are very excited to have the team from AutoZone with us today. To my immediate left is Bill Giles, the company's Chief Financial Officer; and to his left is the company's notorious Investor Relations Head, Brian Campbell. I will go into a bunch of questions that we think are pertinent for the market. If you have any others that you'd like us to weave into the conversation, feel free to go to www.ubs.involved.events.com, and we would be more than happy to include those as part of our conversation.

Bill, I know you love talking about the weather. I know you do love talking about the weather. We obviously saw an abnormally warm and dry winter, particularly in certain parts of the country. The debate amongst the market is the fallout to the auto part retail sector going to be limited to the winter season or because you

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