AutoZone (AZO) Tops Q2 EPS by 9c
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AutoZone 2nd Quarter Same Store Sales Increase 4.3%; EPS Increases 17.8% to $5.63
March 4, 2014 7:00 AM ESTMEMPHIS, Tenn., March 4, 2014 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $2.0 billion for its second quarter (12 weeks) ended February 15, 2014, an increase of 7.3% from the second quarter of fiscal 2013 (12 weeks). Domestic same store sales, or sales for stores open at least one year, increased 4.3% for the quarter.
Net income for the quarter increased $16.6 million, or 9.4%, over the same period last year to $192.8 million, while diluted earnings per share increased 17.8% to $5.63 per share from $4.78 per share in the year-ago quarter.
For the quarter, gross profit, as a percentage of sales, was 52.1%... More
