AutoZone (AZO) Reports Q1 EPS of $14.30

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AutoZone 1st Quarter Same Store Sales Increase 3.4%; EPS Increases to $14.30

December 10, 2019 6:55 AM EST

MEMPHIS, Tenn., Dec. 10, 2019 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $2.8 billion for its first quarter (12 weeks) ended November 23, 2019, an increase of 5.7% from the first quarter of fiscal 2019 (12 weeks).  Domestic same store sales, or sales for stores open at least one year, increased 3.4% for the quarter.

Operating profit increased 2.5% to $500.0 million. Net income for the quarter decreased 0.3% over the same period last year to $350.3 million, while diluted earnings per share increased 6.2% to $14.30 per share from $13.47 per share in the year-ago quarter. The decrease in net income... More