AutoZone Inc. (AZO) reported third-quarter net income of $309.07 million or $9.57 per share, compared to $285.16 million or $8.46 per share, prior year.
On average, 21 analysts polled by Thomson Reuters expected the company to report profit per share of $9.52 for the quarter. Analysts' estimates typically exclude special items.
Net sales increased 6.5% to $2.49 billion from $2.34 billion in the comparable quarter last year, while 17 analysts expected revenue of $2.50 billion for the quarter. Domestic same store sales, or sales for stores open at least one year, increased 2.3% for the quarter.
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