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AutoZone Inc. (AZO) Is Climbing On Q1 Results

AutoZone Inc. (AZO) reported first quarter EPS of $13.47 Tuesday morning, compared to $10.00 a year ago. The consensus estimate was for EPS of $12.21. The company's revenue for the quarter rose 1.9% to $2.64 billion from $2.59 billion last year.

AutoZone gapped open sharply higher this morning and is now up 36.64 at $861.10. The stock has risen past the upper end of over a 2-week trading range and has set a new high for the year.

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