AutoZone (AZO) Tops Q3 EPS by 71c
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AutoZone 3rd Quarter Same Store Sales Decrease 1.0%; EPS Decreases 10.0% to $14.39; Announces Actions in Response to COVID-19
May 26, 2020 6:55 AM EDTMEMPHIS, Tenn., May 26, 2020 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $2.8 billion for its third quarter (12 weeks) ended May 9, 2020, a decrease of 0.1% from the third quarter of fiscal 2019 (12 weeks).Â
Prior to a discussion of our third quarter results, it is important to address the impact the COVID-19 crisis has had on our business. While certain retailers closed their stores during this time, our stores remained open to service the motoring public.  First and foremost, the health, safety and well-being of our AutoZoners and customers remains our most important concern. ... More
