AutoZone Q2 fiscal 2024 EPS $28.89 +17%, revenue $3.9B +4.6%, margin expands

AUTOZONE INC

2024-Q2 EPS reported $61.48 revenue$8,049,403,000

EPS $28.89, up 17.2% YoY; net income $515M (+8.1%) on revenue $3.9B (+4.6%).
Gross margin 53.9%, up 160 bps on higher merchandise margins and $24M LIFO favorability.
Domestic same-store sales +0.3%; international constant currency +10.6%; total company +1.5%.
Repurchased 84k shares for $223.8M at avg $2,676; remaining authorization $2.1B.
Opened 29 new stores, net +26; total stores 7,191 (US 6,332, Mexico 751, Brazil 108).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

AUTOZONE INC reported second quarter (12 weeks) ended February 10, 2024 results: revenue $3.9 billion, net income $515.0 million, EPS $28.89.

Period: second quarter (12 weeks) ended February 10, 2024
Revenue: $3.9 billion
Net income: $515.0 million
EPS: $28.89
Result: reported results

Exact text from the filing

AutoZone, Inc. (NYSE: AZO) today reported net sales of $3.9 billion for its second quarter (12 weeks) ended February 10, 2024, an increase of 4.6% from the second quarter of fiscal 2023 (12 weeks).

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Source: SEC EDGAR

accession 0001171843-24-001000

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