AutoZone (AZO) Tops Q1 EPS by 11c

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Go back to AutoZone (AZO) Tops Q1 EPS by 11c

AutoZone 1st Quarter Same Store Sales Increase 4.5%; EPS Increases 15.6% to $7.27

December 9, 2014 7:00 AM EST

MEMPHIS, Tenn., Dec. 9, 2014 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $2.3 billion for its first quarter (12 weeks) ended November 22, 2014, an increase of 8.0% from the first quarter of fiscal 2014 (12 weeks). Domestic same store sales, or sales for stores open at least one year, increased 4.5% for the quarter.

Net income for the quarter increased 9.3% over the same period last year to $238.3 million, while diluted earnings per share increased 15.6% to $7.27 per share from $6.29 per share in the year-ago quarter.

For the quarter, gross profit, as a percentage of sales, was 52.1% (versus... More