Item 1.01. Entry into a Material Definitive Agreement

On August 4, 2020, AutoZone, Inc. (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") by and among the Company and J.P. Morgan Securities LLC, U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein (the "Underwriters"), pursuant to which the Company agreed to issue and sell to the Underwriters, and the Underwriters agreed to purchase, $600,000,000 aggregate principal amount of the Company's 1.650% Senior Notes due 2031. The Underwriting Agreement contains customary representations, warranties and agreements of the Company and customary conditions to closing, indemnification rights and obligations of the parties and termination provisions. The description of the Underwriting Agreement is qualified in its entirety by reference to the Underwriting Agreement, a copy of which is attached hereto as Exhibit 1.1.

Certain of the Underwriters or their respective affiliates have, from time to time, performed, and may in the future perform, various financial advisory, commercial banking and investment banking services for the Company and its affiliates, for which they received or will receive customary fees and expense reimbursement. Certain of the Underwriters or their affiliates are lenders and/or agents under the Company's existing revolving credit facilities.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.



Exhibit
  No.                                     Description
  1.1     Underwriting Agreement, dated August 4, 2020, by and among the Company,
          J.P. Morgan Securities LLC, U.S. Bancorp Investments, Inc., and Wells Fargo
          Securities, LLC, as representatives of the several underwriters named
          therein.
104       Cover Page Interactive Data File (embedded within the Inline XBRL
          document).




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