Who wants to drop twenty or thirty grand -- or let’s face it, any amount of money at all these days -- on a new set of wheels, when you might be able to fix up your existing vehicle on the cheap?

Enter auto-parts retailer Autozone (AZO).

If the Memphis-based company’s second-quarter results are any indicator, it appears that you’ve been spending a fair amount of time in your garage, souping up the old rig.

Autozone earned $2.03 a share in the period ended February 14. And frankly, that’s a head-turner, because the estimate I’m seeing is for $1.84 a share.To boot, its sales line came in at about $1.45 billion, which was north of expectations.

There were some other tidbits in the release that stuck out to me as well. For one, its domestic same-store numbers were up 6%. Darn impressive in this environment, if you ask me. Just as an FYI, Advance Auto (AAP) turned in a 3% comp store improvement in its fourth quarter.

Also, Autozone plunked down $375 million to buy back stock during the quarter. That's certainly not chump change, and I think it signals that its board thought the shares were a good value. And the average price it bought the shares at: $133. That’s clearly toward the upper-end of its 52-week trading range.

Heck, I’d like to see more companies buying back shares these days.

Overall, I'm having trouble finding fault with these numbers, and I think the shares will close in the green today. I should also add that I believe Advance Auto -- and even Pep Boys (PBY) -- could get a goose and close in the green today, thanks to these results.

Good news is just nice, isn’t it?

Hey, have a great day - and think positive!