AutoZone (AZO) Misses Q2 EPS by 12c

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Go back to AutoZone (AZO) Misses Q2 EPS by 12c

AutoZone 2nd Quarter Same Store Sales Flat for Q2; EPS Increases 8.8% to $8.08

February 28, 2017 6:59 AM EST

MEMPHIS, Tenn., Feb. 28, 2017 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $2.3 billion for its second quarter (12 weeks) ended February 11, 2017, an increase of 1.4% from the second quarter of fiscal 2016 (12 weeks).  Domestic same store sales, or sales for stores open at least one year, were flat for the quarter. 

Net income for the quarter increased 3.7% over the same period last year to $237.1 million, while diluted earnings per share increased 8.8% to $8.08 per share from $7.43 per share in the year-ago quarter.  As previously reported, the Company adopted a new accounting standard on... More