Filing Flows › AutoZone (AZO) › Q2 FY25
AutoZone (AZO) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Mar 21, 2025
AutoZone (AZO) reported revenue of $4.0B for the second quarter fiscal 2025 (Q2 FY25), +2% from a year earlier and -8% from the quarter before. Operating margin was 17.9%, net earnings $488M (12.3% of revenue).
AutoZone, Q2 FY25: revenue $4.0B (+2% year over year), operating margin 17.9%, net earnings $488M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.0B | -8% | +2% |
| Gross profit | $2.1B | -6% | +2% |
| Operating profit | $707M | -16% | -5% |
| Net earnings | $488M | -14% | -5% |
What changed
Revenue was $4.0B in Q2 FY25, up 2% year over year and down 8% from the previous quarter. Auto Parts Stores was the largest line at 98% of revenue. Auto Parts Stores added $0.09B year over year (up 2%), 95% of the total change.
Gross margin was 53.9%, unchanged from a year earlier. Operating profit was $0.71B, a 17.9% margin (down 1.4 points year over year). Operating profit fell $0.04B even though revenue rose $0.09B versus a year earlier, so costs grew faster than sales. Operating expenses grew 6% against revenue growth of 2%. Net earnings were $0.49B, down 5% year over year. The effective tax rate was 18.4%.
Questions
What was AutoZone's revenue in the second quarter fiscal 2025?
AutoZone (AZO) reported revenue of $4.0B for the second quarter fiscal 2025 (Q2 FY25), +2% from a year earlier and -8% from the quarter before.
Was AutoZone profitable in the second quarter fiscal 2025?
Operating profit was $707M (17.9% of revenue) and net earnings $488M.
Source: AutoZone 10-Q on SEC EDGAR.