Early Access

10-QPeriod: Q2 FY2010

AUTOZONE INC Quarterly Report for Q2 Ended Feb 13, 2010

Filed March 18, 2010For Securities:AZO

Summary

Autozone Inc. (AZO) filed its 10-Q for the period ending February 12, 2010, providing investors with a snapshot of its financial performance during the holiday quarter and the preceding fiscal period. The report details the company's financial position, results of operations, and cash flows, offering insights into its operational efficiency and management's strategies. Investors should pay close attention to the changes in sales, profitability, and cash generation as indicators of the company's health and its ability to navigate the economic environment of early 2010. Key areas of focus include the company's revenue streams, particularly same-store sales, and its ability to manage expenses. The discussion of financial condition and results of operations will likely shed light on inventory management, supply chain dynamics, and any significant capital expenditures or financing activities. Additionally, the report addresses market risk and controls and procedures, which are crucial for understanding the company's risk management framework and its commitment to accurate financial reporting. Investors seeking to understand Autozone's strategic direction and its performance relative to its peers should carefully review the disclosed financial data and management's commentary.

Financial Statements
Beta
Revenue$1.51B
Cost of Revenue$752.49M
Gross Profit$753.74M
Operating Expenses$523.36M
Operating Income$230.38M
Interest Expense$36.31M
Net Income$123.33M
EPS (Basic)$2.49
EPS (Diluted)$2.46
Shares Outstanding (Basic)49.44M
Shares Outstanding (Diluted)50.19M

Key Highlights

  • 1The filing covers the quarterly period ending February 12, 2010.
  • 2The report includes condensed consolidated balance sheets, statements of income, and statements of cash flows.
  • 3Management's Discussion and Analysis provides insights into the company's financial condition and results of operations.
  • 4The company is addressing market risk and the effectiveness of its controls and procedures.
  • 5Information on legal proceedings and risk factors is included in Part II of the filing.
  • 6Exhibits include the ratio of earnings to fixed charges and a letter from Ernst & Young LLP.

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