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Reuters: AutoZone profit beats estimates

Started by chris, March 03, 2009, 01:59:15 PM

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chris

AutoZone profit beats estimates
      
   
      


(Reuters) - AutoZone Inc , the largest U.S. auto parts retailer, reported better-than-expected quarterly profit, helped by higher sales volumes and lower promotion costs. For the second quarter ended February 14, net income was $115.9 million, or $2.03 per share, compared with $106.7 million, or $1.67 per share, a year earlier. Net sales rose 8 percent to $1.45 billion.<div class="feedflare">
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