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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.