secwatch.observer — SEC 8-K summary
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Issuer:     AUTOZONE INC (AZO)
CIK:        0000866787
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001171843-23-001223
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AutoZone Q2 net sales up 9.5% to $3.7B; EPS rises 10.5% to $24.64; same store sales +5.3%
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- Net sales $3.7B (+9.5% YoY); domestic same store sales +5.3% on top of prior year's 13.8%.
- Diluted EPS $24.64 (+10.5% from $22.30); net income $476.5M (+1.0%).
- Gross margin 52.3% (-69 bps) impacted by $10M non-cash LIFO charge; operating profit $670M (+6.9%).
- Repurchased 372k shares for $906M at avg $2,434; $1.8B remaining authorization.
- Opened 30 new US stores, 1 Mexico, 5 Brazil; total store count 7,014.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866787/000117184323001223/0001171843-23-001223-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866787/000117184323001223/f8k_022723.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-001223

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer