AutoZone, Inc. AZO today announced its third quarter fiscal 2014 earnings results.
In the release, company President and Chief Executive Officer, Bill Rhodes said, "We are pleased to report our thirty-first consecutive quarter of double digit earnings per share growth. AutoZoners across the company are dedicated to providing superior service to our customers and that dedication is evidenced in our consistently strong performance."
Highlights from the company's third quarter include:
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- Domestic same-store sales growth of 4 percent.
- Net income of $285.2 million, a 7.4 percent increase yea-over-year.
- Diluted EPS increase of 16.4 percent to $8.46.
- Gross margin of 52 percent of sales.
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