AutoZone Q4 Earnings: 9% Revenue Growth, Opens 117 New Stores, 1.3% Same-Store Sales Growth And More

Automotive retailer AutoZone, Inc (NYSE:AZO) reported fourth-quarter earnings per share of $51.58, missing the Street view of $53.53.

Quarterly revenues of $6.205 billion (+9.0% year over year) marginally missed the analyst consensus of $6.221 billion. Excluding sales from the additional week included in this year’s quarter, adjusted sales were up 2.6%.

Also Read: AutoZone Q4 Earnings Preview: Data Shows Strong Visit Growth, Analyst Says Company To ‘Continue To Take Share Over Time’

AutoZone said its fourth-quarter total company same-store sales increased 1.3%, while domestic sales grew 0.2%.

The gross profit margin for the quarter was 52.5%, down by 21 basis points year ...