“S&P 500 (NYSE:SPY) component AutoZone Inc (NYSE:AZO) reported its results for the first quarter. AutoZone is a specialty retailer of automotive replacement parts and accessories, offering an extensive line for cars, sport utility vehicles
, vans, and light trucks.
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AutoZone Inc Earnings Cheat Sheet
Results: Net income for AutoZone Inc rose to $203.5 million ($5.41 per share) vs. $191.1 million ($4.68 per share) in the same quarter a year earlier. This marks a rise of 6.4% from the year-earlier quarter.
Revenue: Rose 3.5% to $1.99 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: AutoZone Inc was about in line with expectations as the mean analyst estimate of $5.40 per share. It fell short of the average revenue estimate of $2.13 billion.”
