From Financial Modeling Prep: 2025-03-04 11:32:00

AutoZone (NYSE:AZO) reported second-quarter earnings with revenue slightly surpassing estimates at $4 billion, a 2.4% increase. However, adjusted earnings per share fell short at $28.29, missing the forecasted $29.06. Same-store sales rose 0.5%, with U.S. sales up 1.9% and international sales down 8.2% due to currency rates.

Gross profit margin for AutoZone remained at 53.9%, but operating profit dropped 4.9% to $706.8 million, and net income fell 5.3% to $487.9 million. The company added 45 net new stores, totaling 7,432 across the U.S., Mexico, and Brazil. AutoZone also repurchased 100,000 shares for $329.4 million.

AutoZone is optimistic about the second half of the fiscal year, focusing on strengthening DIY and commercial sales for peak seasonal demand in the spring and summer months. The company remains confident in its growth strategy despite facing some profitability challenges in the recent quarter.



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