Automotive parts retailer AutoZone Inc. (AZO: Quote) reported a 9.3% growth in its third-quarter net income to $248.6 million from last year's $227.37 million, with earnings per share rising 18.6% to $6.28 from $5.29 in the year-ago quarter. On average, 18 analysts polled by Thomson Reuters expected earnings per share of $6.25 for the quarter. Analysts' estimates typically exclude one-time items.
Net sales for the recent quarter were $2.11 billion, a 6.7% increase from $1.98 billion in the comparable period, whereas 15 analysts estimated revenues of $2.13 billion for the quarter. Domestic same store sales climbed 3.9% for the quarter.
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by RTT Staff Writer
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