AutoZone Q4 Profit Climbs - Quick Facts

(RTTNews) - Auto-parts retailer AutoZone Inc. (AZO) posted higher fourth-quarter net income of $371.2 million, or $10.42 per share, versus $323.73 million, or $8.46 per share in the year-ago quarter. Excluding the additional week, quarterly net income totaled $347.8 million, or $9.76 per share. On average, 19 analysts polled by Thomson Reuters expected earnings per share of $10.34 for the quarter. Analysts' estimates typically exclude one-time items.

Net sales for the latest quarter reached $3.1 billion, up 12.0% from the prior-year figure of $2.76 billion, while 15 analysts estimated revenues of $3.09 billion for the quarter. Excluding sales from the additional week included in this year's quarter, sales went up 5.6%. Domestic same-store sales, or sales for stores open at least one year, rose 1.0% for the period.