Market Overview

UPDATE: AutoZone Q1 Profit Rises 6.4%

Share:
Related AZO
5 Services Stocks With The Highest EPS
Cramer's Top Picks In The Retail Space
Stocks Fall as China, Greece Reignite Global Jitters (Fox Business)

AutoZone (NYSE: AZO) reported a 6.4% rise in its first-quarter profit.

AutoZone's quarterly profit surged to $203.5 million, or $5.41 per share, versus $191.1 million, or $4.68 per share, in the year-earlier period.

Its sales rose to $1.99 billion from $1.92 billion. However, analysts were expecting earnings of $5.41 per share on sales of $2.02 billion.

Its gross profit climbed to 51.8% from 51.1%.

AutoZone shares closed at $378.01 yesterday.

Posted-In: profitEarnings News

 

Related Articles (AZO)

Around the Web, We're Loving...

Get Benzinga's Newsletters