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Key highlights from AutoZone (AZO) Q1 2022 earnings results

AutoZone, Inc. (NYSE: AZO) today reported its first-quarter financial results for the period ended November 20, 2021.

Net sales increased 16.3% to $3.7 billion compared to what analysts had expected.

Net income for the first quarter was $555.2 million, or $25.69 per share, compared to net income of $442.4 million, or $18.61 per share in the first quarter of 2021.

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