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AutoZone reported a strong second quarter with a 15.8% increase in net sales, driven by a 13.8% increase in domestic same-store sales and a 32.1% increase in commercial sales. EPS increased by 49.4% to $22.30.
Net sales increased by 15.8% to $3.4 billion.
Domestic same store sales increased by 13.8%.
Commercial sales grew by 32.1%.
Diluted earnings per share increased by 49.4% to $22.30.
AutoZone remains committed to providing the best and safest place to shop for automotive needs and is focused on returns on capital, increasing operating earnings, and free cash flows.