Weboperating income can be defined as income after operating expenses have been deducted and before interest payments and taxes have been deducted. 27, 2024, 06:55 am. Memphis, tenn. , feb. Azo) today reported net sales of $3. 9 billion for its second. Autozone's balance sheet remains in a healthy financial position, but interest coverage should be monitored. Q2 earnings showed growth in net income. Webthe company’s inventory increased 3. 0% over the same period last year, driven by new stores. Net inventory, defined as merchandise inventories less accounts. Webnet income for the quarter increased 6. 8% over the same period last year to $864. 8 million, while diluted earnings per share increased 14. 7% to $46. 46 from $40. 51. Azo) today reported net sales of $4. 2 billion for its third quarter (12 weeks) ended may 4,. Webour retail and commercial sales performance remained strong this quarter. While our commercial sales growth continued to be elevated at 32. 1%, our retail sales.