Categories AlphaGraphs, Earnings, Industrials
AZO Earnings: AutoZone reports higher sales and profit for Q3 2024
Automotive parts retailer AutoZone, Inc. (NYSE: AZO) on Tuesday said its third-quarter net sales and earnings increased modestly from last year.
The company reported net sales of $4.24 billion for the third quarter, an increase of 4% from the same period of fiscal 2023. Total same-store sales, or sales at domestic and international stores open at least one year, moved up 1.9%.
Net income came in at $651.7 million or $36.69 per share in Q3, compared to $647.7 million or $34.12 per share in the corresponding period of last year.
“Domestically, our sales performance was negatively impacted at the start of the quarter due to the timing of tax refunds while the cooler-than-usual weather across several areas of the country negatively impacted our results later in the quarter. Conversely, we were pleased with the strong same-store sales results we achieved in our international business,” said Phil Daniele, CEO of AutoZone.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%
