Automotive parts retailer AutoZone Inc. (AZO) 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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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.