AutoZone, Inc. said its normalized net income for the fiscal second quarter ended Feb. 14 came to $6.17 per share, compared with the S&P Capital IQ consensus estimate of $6.38 per share.
EPS rose 13.6% year over year from $5.43.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $200.8 million, an increase of 7.9% from $186.2 million in the prior-year period.
The normalized profit margin climbed to 9.5% from 9.4% in the year-earlier period.
Total revenue increased 7.7% year over year to $2.14 billion from $1.99 billion, and total operating expenses grew 8.1% on an annual basis to $1.79 billion from $1.65 billion.
Reported net income rose 9.8% from the prior-year period to $211.8 million, or $6.51 per share, from $192.9 million, or $5.63 per share.
