AutoZone: Fiscal Q2 Earnings Snapshot
By AP News
Published - Feb 28, 2023, 07:09 AM ET
Last Updated - Jun 22, 2023, 07:08 PM EDT
MEMPHIS, Tenn. (AP) — MEMPHIS, Tenn. (AP) — AutoZone Inc. (AZO) on Tuesday reported fiscal second-quarter earnings of $476.5 million.
On a per-share basis, the Memphis, Tennessee-based company said it had profit of $24.64.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $21.33 per share.
The auto parts retailer posted revenue of $3.69 billion in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $3.54 billion.
