AutoZone (AZO) Tops Q4 EPS by 14c, Comps Increase 1%
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AutoZone 4th Quarter Same Store Sales Increase 1.0%; 4th Quarter EPS Increases 6.8% to $15.27; Fiscal 2017 Sales of $10.9 Billion; Fiscal 2017 EPS Increases 8.3% to $44.07
September 19, 2017 6:59 AM EDTMEMPHIS, Tenn., Sept. 19, 2017 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $3.5 billion for its fourth quarter (16 weeks) ended August 26, 2017, an increase of 3.3% from the fourth quarter of fiscal 2016 (16 weeks). Â Domestic same store sales, or sales for stores open at least one year, increased 1.0% for the quarter.
Net income for the quarter increased 1.7% over the same period last year to $433.9 million, while diluted earnings per share increased 6.8% to $15.27 per share from $14.30 per share in the year-ago quarter. Â As previously reported, the Company adopted a new accounting standard on August 28, 2016, related to... More
