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AutoZone's Q2 FY25 results showed a 2.4% increase in net sales to $3.95 billion. However, net income declined by 5.3% to $487.9 million, and diluted EPS fell 2.1% to $28.29. Operating profit decreased 4.9% due to higher operating expenses, and gross margin remained flat at 53.9%.
Net sales increased by 2.4% to $3.95 billion.
Net income declined by 5.3% to $487.9 million.
Operating profit fell 4.9% to $706.8 million.
Same-store sales increased 2.9% on a constant currency basis.
AutoZone expects continued sales growth but anticipates cost pressures affecting margins. The company is optimistic about its store expansion and operational efficiency initiatives.