AutoZone, Inc. (NYSE:AZO) Q2 2024 Earnings Conference Call February 27, 2024 10:00 AM ET
Company Participants
Phil Daniele - President & Chief Executive Officer
Jamere Jackson - Chief Financial Officer
Conference Call Participants
Chris Horvers - JPMorgan
Bret Jordan - Jefferies
Michael Lasser - UBS
Scot Ciccarelli - Truist
Simeon Gutman - Morgan Stanley
Seth Sigman - Barclays
Steven Forbes - Guggenheim Securities
Greg Melich - Evercore ISI
Max Rakhlenko - TD Cowen
Brian Nagel - Oppenheimer
Operator
Greetings. Welcome to AutoZone’s 2024 Q2 Earnings Release Conference Call. At this time, all participants are in a listen-only mode. [Operator Instructions] Please note, this conference is being recorded. Before we begin, the Company would like to announce the following forward-looking statements.
Unidentified Company Representative
Before we begin, please note that today's call includes forward-looking statements that are subject to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not guarantees of future performance. Please refer to this morning's press release and the company's most recent annual report on Form 10-K and other filings with the Securities and Exchange Commission for a discussion of important risks and uncertainties that could cause actual results to differ materially from expectations. Forward-looking statements speak only as of the date made, and the company undertakes no obligation to update such statements. Today's call will also include certain non-GAAP measures. A reconciliation of GAAP to non-GAAP financial measures can be found in our press release.
Phil Daniele
Good morning, and thank you for joining us today for AutoZone's 2024 second quarter conference call. With me today are Jamere Jackson, Chief Financial Officer; and Brian Campbell, Vice President, Treasurer, Investor Relations and Tax. Regarding the second quarter, I hope you had an opportunity to read our press release and learn about the quarter's results. If not, the press release, along with the slides complementing our comments today, are available on our website at www.autozone.com under the Investor Relations link. Please click on the quarterly earnings conference call to see them.
As we begin this morning, I'd like to say how honored I am to talk with you on behalf of our more than 120,000 AutoZoners. As today marks my first conference call as AutoZone’s, President and Chief Executive Officer. At AutoZone, our first priority is to provide what we call WOW! Customer Service. This quarter, the efforts of our AutoZoners increased our total sales by 4.6% and total company same-store sales by 1.5% on a constant currency basis. Both our operating profit and earnings per share grew by a very impressive double-digit rates