AutoZone Q4 Profit Rises - Quick Facts

(RTTNews) - Automotive parts retailer AutoZone Inc. (AZO) reported fourth-quarter net income of $373.7 million or $11.28 per share, compared to $371.2 million or $10.42 per share in the comparable quarter last year. Analysts polled by Thomson Reuters expected the company to report earnings of $11.26 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the quarter declined to $3.05 billion from $3.10 billion in the prior year quarter, while seventeen analysts had consensus revenue estimate of $3.07 billion for the quarter. Domestic same store sales, or sales for stores open at least one year, increased 2.1% for the quarter.