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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| AutoZone Inc | NYSE:AZO | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -3.09 | -0.10% | 2,959.00 | 2,987.11 | 2,949.93 | 2,966.50 | 47,305 | 17:33:46 |
From May 2019 to May 2024
By Patrick Thomas
AutoZone Inc. (AZO) said its profit rose for its fourth quarter as sales increased about 12% from a year earlier.
The Memphis, Tenn.-based distributor of automotive replacement parts and accessories reported a profit of $565.2 million, or $22.59 a share, compared with $400.3 million, or $15.02 a share, a year ago.
Excluding one-time costs, the company reported adjusted earnings of $20.95 a share. Analysts polled by FactSet were expecting earnings of $21.80 a share, or $21.77 a share on an adjusted basis.
Revenue rose to $3.99 billion from $3.56 billion a year earlier. Analysts had expected $3.93 billion of revenue in the quarter.
Sales at stores open at least one year, increased 3.0% for the quarter. Analysts had expected same-store sales to grow 2.6%.
Write to Patrick Thomas at patrick.thomas@wsj.com
(END) Dow Jones Newswires
September 24, 2019 07:20 ET (11:20 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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