Investing.com -- AutoZone, Inc. reported mixed second-quarter results, with revenue surpassing expectations but earnings falling short. The automotive parts retailer's stock dipped 0.80% following the announcement.

For the second quarter ended February 15, 2025, AutoZone (NYSE:AZO) posted net sales of $4 billion, a 2.4% increase YoY and slightly above the analyst consensus of $3.98 billion. However, adjusted earnings per share came in at $28.29, missing the estimated $29.06.

Same-store sales grew 0.5%, or 2.9% on a constant currency basis. Domestic same-store sales rose 1.9%, while international sales faced an 8.2% decline due to currency headwinds. On a constant currency basis, international same-store sales increased by 9.5%.

Gross profit margin remained flat at 53.9% compared to the same quarter last year. Operating profit decreased 4.9% to $706.8 million, while net income fell 5.3% to $487.9 million.

"We continue to be pleased with our strategy to grow our domestic DIY and Commercial sales," said Phil Daniele, President and CEO of AutoZone. "Domestically, both DIY and Commercial continued to perform well and sales accelerated from the previous quarter."

The company opened 45 net new stores during the quarter, bringing its total store count to 7,432 across the U.S., Mexico, and Brazil. AutoZone also repurchased 100,000 shares for $329.4 million, with $1.3 billion remaining under its current share repurchase authorization.

Looking ahead, AutoZone expressed optimism about its momentum heading into the second half of the fiscal year, emphasizing its preparedness for the spring and summer selling seasons.

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