AutoZone Quarterly EPS Jumped to $5.66

Before you go, we thought you'd like these...
Before you go close icon
AutoZone Inc (AZO) reported diluted earnings per share of $5.66 for the quarter ended Aug. 28, a 27.7% increase from a year earlier.

Net sales rose 9.5% from a year earlier to $2.4 billion in the fourth quarter of fiscal 2010, the auto parts company said in a statement. AutoZone opened 80 new stores in the U.S. in the quarter, and 26 new stores in Mexico.

Sponsored Links
The company repurchased 2.8 million shares of common stock for $565 million in the fourth quarter, at an average price of $199 per share. For the full fiscal year, the company purchased 6.4 million shares of common stock.

"Our performance during the fourth quarter represents a strong conclusion to a very good year for AutoZone," CEO Bill Rhodes said. "While the macro environment for our industry was certainly favorable, our team's commitment to our culture, constant refinements to our offerings, and high level of execution led to our second consecutive year of strong financial performance."

Read Full Story


S&P 500 2,354.04 8.08 0.34%
DJIA 20,686.78 30.20 0.15%
NASDAQ 5,857.00 39.31 0.68%
DAX 12,078.85 39.17 0.33%
NIKKEI 225 19,262.53 177.22 0.93%
HANG SENG 24,358.27 30.57 0.13%
USD (per EUR) 1.08 0.00 0.25%
USD (per CHF) 0.99 0.00 -0.28%
JPY (per USD) 110.88 -0.12 -0.11%
GBP (per USD) 1.25 0.00 -0.23%

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners