Skip to content
ChickenStockChickenStock
ResearchFilings

AI English summary of an SEC filing — figures as filed

AutoZone logoAutoZone AZO

The company said net sales for Q2 (12 weeks, ended February 15, 2025) were $4.0 billion, up 2.4% from the Q2 (12 weeks) of fiscal 2024. Same store sales rose 2.9% for the total company on a constant currency basis and 1.9% in the domestic business.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said net sales for Q2 (12 weeks, ended February 15, 2025) were $4.0 billion, up 2.4% from the Q2 (12 weeks) of fiscal 2024. Same store sales rose 2.9% for the total company on a constant currency basis and 1.9% in the domestic business.

  2. AutoZone said operating profit for Q2 fell 4.9% to $706.8 million, net income fell 5.3% to $487.9 million, and diluted earnings per share fell 2.1% to $28.29. Operating expenses as a percentage of sales were 36.0%, compared with 34.6% a year earlier. The company cited investments to support its growth initiatives as the main factor.

  3. The company said it repurchased 100 thousand shares of common stock at an average price of $3,291 per share, for a total of $329.4 million, in Q2. As of the end of Q2, $1.3 billion remained under its share repurchase authorization.

  4. The company said it opened 28 new stores in the U.S., 13 in Mexico and 4 in Brazil during the quarter ended February 15, 2025, for a net increase of 45 stores. As of February 15, its total store count was 7,432.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q2 Net Sales Up $4.0 billion; Same Store Sales Rise

The company said net sales for Q2 (12 weeks, ended February 15, 2025) were $4.0 billion, up 2.4% from the Q2 (12 weeks) of fiscal 2024. Same store sales rose 2.9% for the total company on a constant currency basis and 1.9% in the domestic business.

Source · Based on the filing body and exhibits

Q2 Operating Profit, Net Income and Diluted EPS Decline

AutoZone said operating profit for Q2 fell 4.9% to $706.8 million, net income fell 5.3% to $487.9 million, and diluted earnings per share fell 2.1% to $28.29. Operating expenses as a percentage of sales were 36.0%, compared with 34.6% a year earlier. The company cited investments to support its growth initiatives as the main factor.

Source · Based on the filing body and exhibits

Q2 Share Repurchases of 100 thousand Shares; Authorization Remaining

The company said it repurchased 100 thousand shares of common stock at an average price of $3,291 per share, for a total of $329.4 million, in Q2. As of the end of Q2, $1.3 billion remained under its share repurchase authorization.

Source · Based on the filing body and exhibits

Q2 Net Addition of 45 New Stores; Total Count at 7,432

The company said it opened 28 new stores in the U.S., 13 in Mexico and 4 in Brazil during the quarter ended February 15, 2025, for a net increase of 45 stores. As of February 15, its total store count was 7,432.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.