Autozone: slight increase in Q4 earnings.
(CercleFinance.com) - AutoZone reported Q4 2016-17 net income that is up 1.
7% at 433.9 million dollars, or 15.27 dollars per share.
Adjusted for changes in accounting, EPS rose by 6.1% to 15.18 dollars.
Over the past quarter, the automotive equipment distributor saw its revenues increase by 3.3% to 3.5 billion dollars, including a 1% increase in same-store sales in the United States.
This growth, which is slightly below our recent historical performance, seems to be related to headwinds resulting from two consecutive warm winters, said Bill Rhodes, CEO of the Memphis-based group.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
7% at 433.9 million dollars, or 15.27 dollars per share.
Adjusted for changes in accounting, EPS rose by 6.1% to 15.18 dollars.
Over the past quarter, the automotive equipment distributor saw its revenues increase by 3.3% to 3.5 billion dollars, including a 1% increase in same-store sales in the United States.
This growth, which is slightly below our recent historical performance, seems to be related to headwinds resulting from two consecutive warm winters, said Bill Rhodes, CEO of the Memphis-based group.
Copyright (c) 2017 CercleFinance.com. All rights reserved.