AutoZone Q4 Results Top Estimates

RTTNews | 1453 days ago
AutoZone Q4 Results Top Estimates

(RTTNews) - Automotive replacement parts retailer AutoZone, Inc. (AZO) reported Tuesday that net income for the third quarter increased to $810.04 million or $40.51 per share from $785.77 million or $35.72 per share in the year-ago quarter.

Net sales for the quarter grew 8.9 percent to $5.35 billion from $4.91 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $38.38 per share on revenues of $5.15 billion for the quarter. Analysts' estimates typically exclude special items.

Domestic same store sales, or sales for stores open at least one year, increased 6.2 percent for the quarter.

Additionally, AutoZone announced today that Doug Brooks is not standing for re-election to the Company's Board of Directors at the Annual Meeting of Stockholders to be held December 14, 2022.

read more
AutoZone Q2 Results Top Estimates

AutoZone Q2 Results Top Estimates

Automotive replacement parts retailer AutoZone, Inc. (AZO) reported Tuesday that net income for the second quarter grew to $476.54 million or $24.64 per share from $471.76 million or $22.30 per share in the year-ago quarter.
RTTNews | 1291 days ago
AutoZone Q1 Results Top Estimates

AutoZone Q1 Results Top Estimates

Automotive replacement parts retailer AutoZone, Inc. (AZO) reported Tuesday that net income for the first quarter decreased to $539.32 million or $27.45 per share from $555.24 million or $25.69 per share in the year-ago quarter.
RTTNews | 1375 days ago
Indian Shares Tumble Amid Geopolitical Concerns

Indian Shares Tumble Amid Geopolitical Concerns

Indian shares were sharply lower in early trade on Friday as crude oil prices soared amid escalating tensions in West Asia, raising worries about India's import bill, inflation and earnings.
RTTNews | 4h 34min ago
Australian Market Extends Early Strong Losses In Mid-market

Australian Market Extends Early Strong Losses In Mid-market

The Australian stock market is extending its early strong losses in mid-market moves on Friday, adding to the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,700 level, with weakness in mining and technology stocks partially offset by gains in financial and energy stocks.
RTTNews | 5h 40min ago
Asian Markets Sink Amid Inflationary Risks

Asian Markets Sink Amid Inflationary Risks

Asian markets are mostly lower on Friday, following the negative cues from Wall Street overnight, as crude oil soars past $100 a barrel for the first time since May amid concerns of a prolonged war between the U.S. and Iran. Surging crude oil prices and treasury yields have added to concerns about inflation risks and the outlook for interest rates ahead of the US Fed's monetary policy meeting.
RTTNews | 5h 58min ago