UPDATE: AutoZone Posts Higher FQ2 Profit
AutoZone (NYSE: AZO) reported a gain in its fiscal second-quarter profit.
AutoZone's quarterly profit surged to $192.8 million, or $5.63 per share, versus a year-ago profit of $176.2 million, or $4.78 per share.
Its net sales rose to $1.99 billion versus $1.86 billion. However, analysts were expecting earnings of $5.57 per share on sales of $1.98 billion.
AutoZone's US same-store sales jumped 4.3% in the quarter.
AutoZone shares closed at $541.23 yesterday.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.