Automotive parts and accessories provider AutoZone (NYSE:AZO) has reported better than expected numbers for the fourth quarter on both top line and bottom line fronts today.
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Revenue increased 9.2% year-over-year to $5.36 billion, outperforming estimates by ~$200 million. Earnings per share at $40.51 were better than the Street’s expectations of $38.51.
Importantly, same-store sales rose 6.2% during the quarter.
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