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AutoZone profit beats estimates (Reuters)

Started by riky, March 03, 2009, 03:01:44 PM

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riky

AutoZone profit beats estimates
    (Reuters)

 



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.


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