AutoZone: Q3 EPS up nearly 10%
(CercleFinance.com) - AutoZone has reported a 9.
6% increase in EPS to 29.03 dollars for Q3, as the effect of share buybacks over the past year more than offset a 0.6% decline in net income to 592.6 million dollars.
The company repurchased 449,000 shares of its common stock for 900 million dollars over the quarter, at an average price of 2,006 dollars per share, as part of its share repurchase program.
The automotive parts and accessories retailer reported revenue of 3.9 billion dollars, up 5.9%, including a 2.6% increase in sales from shops open at least a year.
Copyright (c) 2022 CercleFinance.com. All rights reserved.
6% increase in EPS to 29.03 dollars for Q3, as the effect of share buybacks over the past year more than offset a 0.6% decline in net income to 592.6 million dollars.
The company repurchased 449,000 shares of its common stock for 900 million dollars over the quarter, at an average price of 2,006 dollars per share, as part of its share repurchase program.
The automotive parts and accessories retailer reported revenue of 3.9 billion dollars, up 5.9%, including a 2.6% increase in sales from shops open at least a year.
Copyright (c) 2022 CercleFinance.com. All rights reserved.