AutoZone (AZO) Tops Q1 EPS by 5c
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AutoZone 1st Quarter Same Store Sales Increase 3.5%; EPS Increases 14.0% to $8.29
December 8, 2015 6:58 AM ESTMEMPHIS, Tenn., Dec. 8, 2015 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $2.4 billion for its first quarter (12 weeks) ended November 21, 2015, an increase of 5.6% from the first quarter of fiscal 2015 (12 weeks). Domestic same store sales, or sales for stores open at least one year, increased 3.5% for the quarter.
Net income for the quarter increased 8.3% over the same period last year to $258.1 million, while diluted earnings per share increased 14.0% to $8.29 per share from $7.27 per share in the year-ago quarter.
For the quarter, gross profit, as a percentage of sales, was 52.5% (versus... More
