AutoZone Inc (NYSE:AZO) reported second-quarter 2024 sales growth of 4.6% year-over-year to $3.86 billion, beating the consensus of $3.84 billion.
Domestic same-store sales increased 0.3% in the quarter, while International rose 10.6% on a constant currency basis. Total company same-store sales grew 1.5% on a constant currency basis.
Gross margin expanded 160 basis points Y/Y to 53.9%. Gross profit rose 7.75% Y/Y to $2.08 billion in the quarter.
Operating …