AutoZone (AZO) Tops Q2 EPS by 62c, Same Store Sales Decrease 0.8%
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AutoZone 2nd Quarter EPS Increases 7.8% to $12.39; Same Store Sales Decrease 0.8%
March 3, 2020 6:55 AM ESTMEMPHIS, Tenn., March 03, 2020 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $2.5 billion for its second quarter (12 weeks) ended February 15, 2020, an increase of 2.6% from the second quarter of fiscal 2019 (12 weeks). Domestic same store sales, or sales for stores open at least one year, decreased 0.8% for the quarter.
Operating profit increased 2.0% to $407.9 million. Net income for the quarter increased 1.6% over the same period last year to $299.3 million, while diluted earnings per share increased 7.8% to $12.39 per share from $11.49 per share in the year-ago quarter.
For the quarter, gross profit, as a... More
