AutoZone Inc. (AZO) released earnings for second quarter that decreased from the same period last year and missed the Street estimates.
The company's earnings totaled $487.9 million, or $28.29 per share. This compares with $515.03 million, or $28.89 per share, last year.
Analysts on average had expected the company to earn $28.97 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 2.4% to $3.952 billion from $3.859 billion last year.
AutoZone Inc. earnings at a glance (GAAP) :
-Earnings: $487.9 Mln. vs. $515.03 Mln. last year.-EPS: $28.29 vs. $28.89 last year.-Revenue: $3.952 Bln vs. $3.859 Bln last year.
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