AutoZone shares reached an all-time high after Q2 earnings and revenue surpassed estimates, with EPS at $28.89 and revenue at $3.9B.

AutoZone shares reached an all-time high after the company's Q2 earnings and revenue surpassed analyst estimates. Earnings per share (EPS) for the quarter were $28.89, above the forecast of $26.30, while revenue reached $3.9 billion, also ahead of the projection of $3.85 billion. The auto parts retailer reported a 3% increase in comparable sales, a 53.9% gross margin, and an 11% increase in operating profit.

February 27, 2024
18 Articles

Further Reading