Commercial sales continued to grow, increasing 10.9% versus Q4 FY23. We have a Commercial Program in 92% of Domestic Stores now as compared to 90% in Q4 FY23. (Q4 2024 Report) Growing concern over climate change has led policy makers in the U.S. to consider the enactment of legislative and regulatory proposals that would impose extensive mandatory reporting requirements as well as requirements for reductions of greenhouse gas (“GHG”) emissions. (Annual Report) Rising fuel and energy prices may cause our customers to defer purchases of certain of our products as they use a higher percentage of their income to pay for fuel and other energy costs and may drive their vehicles less, resulting in less wear and tear and lower demand for repairs and maintenance. (Annual Report) This quarter, we opened 55 net new programs, finishing with 5,898 total programs. Importantly, we have a lot of runway in front of us and we will aggressively pursue growth in commercial, which represents a tremendous growth opportunity for our company. To support our commercial growth, we now have 109 mega-hub locations. (Q4 2024, Earnings Call) We are investing in accelerated store growth, specifically hubs and mega-hubs, placing inventory closer to our customers, distribution centers that will drive efficiency and reduce supply chain costs, IT systems that will improve customer service and improve our AutoZoners' ability to help our customers. (Q4 2024, Earnings Call) We have an objective to have well north of 200 mega-hubs at full buildout. Our customers are excited by our commercial offering as we deploy more parts in the local markets closer to the customer while improving our service levels. (Q3 Earnings Call)

We continue to be pleased with the progress we're making internationally. Our same store sales grew an impressive 18.1% on an actual basis and 9.3% on a constant currency basis. During the quarter, we opened 12 stores in Mexico to finish with 763 stores, and one store in Brazil ending with 109. (Q3 Earnings Calls) We have established an annual target of opening 500 stores globally by fiscal 2028 (“FY28”). We are targeting approximately 300 domestic stores, and 200 international stores annually. (Annual Report) We opened 31 new stores in Mexico to finish with 794 stores, and 18 new stores in Brazil, ending with 127. Our same-store sales grew 9.9% on a constant-currency basis and 4.9% when taken into account foreign exchange rates. (Q3 Earnings Call)