MEMPHIS, Tenn. (AP) _ AutoZone Inc. (AZO) on Tuesday reported fiscal second-quarter profit of $471.8 million.

The Memphis, Tennessee-based company said it had net income of $22.30 per share.

The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $17.80 per share.

The auto parts retailer posted revenue of $3.37 billion in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $3.16 billion.

AutoZone shares have fallen 11% since the beginning of the year, while the S&P's 500 index has dropped 8%. The stock has risen 61% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AZO at https://www.zacks.com/ap/AZO

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