AutoZone (AZO) Tops Q4 EPS by 2c

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AutoZone 4th Quarter Same Store Sales Increase 2.1%; 4th Quarter EPS Increases to $11.28; Fiscal 2014 Sales $9.5 Billion; Fiscal 2014 EPS Increases to $31.57

September 22, 2014 7:00 AM EDT

MEMPHIS, Tenn., Sept. 22, 2014 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $3.0 billion for its fourth quarter (16 weeks) ended August 30, 2014, an increase of 4.5% from the fourth quarter of fiscal 2013 (16 weeks). Including sales from the additional week in last year's quarter, sales decreased 1.5%. Domestic same store sales, or sales for stores open at least one year, increased 2.1% for the quarter.

On a 16 week basis, net income for the quarter increased 7.4% over the same period last year to $373.7 million, while diluted earnings per share increased 15.6% to $11.28 per share from $9.76 per share in the... More