— AutoZone (NYSE: AZO) reported second quarter 2020 earnings of $12.39 per share vs. $11.77 expected.
— Sales rose 2.6% to $2.51 billion vs. $2.57 billion expected.
— Domestic same store sales decreased 0.8% for the quarter ended February 15, 2020
— Net income increased 1.6% year-over-year to $299.3 million and operating profit rose 2% to $407.9 million.
Also Read: AutoZone (AZO) Q2 2020 Earnings Call Transcript
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— In Q2 2020, AutoZone opened 25 new stores in the U.S., two in Mexico and one in Brazil.
— As of February 15, 2020, the Company had 5,815 stores in the U.S., 608 stores in Mexico and 38 stores in Brazil for a total store count of 6,461.
— During the second quarter, the company repurchased 267,000 shares of its common stock for $314.8 million.
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