AutoZone (AZO) Misses Q2 EPS by 12c
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AutoZone 2nd Quarter Same Store Sales Flat for Q2; EPS Increases 8.8% to $8.08
February 28, 2017 6:59 AM ESTMEMPHIS, Tenn., Feb. 28, 2017 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $2.3 billion for its second quarter (12 weeks) ended February 11, 2017, an increase of 1.4% from the second quarter of fiscal 2016 (12 weeks). Â Domestic same store sales, or sales for stores open at least one year, were flat for the quarter.Â
Net income for the quarter increased 3.7% over the same period last year to $237.1 million, while diluted earnings per share increased 8.8% to $8.08 per share from $7.43 per share in the year-ago quarter. As previously reported, the Company adopted a new accounting standard on... More
