Autozone posts higher profit on strong margins
Dec 4 (Reuters) - Autozone Inc, the largest U.S auto parts retailer, reported a higher quarterly profit on strong margins.
Net income rose to $203.5 million, or $5.41 per share, in the first quarter, from $191.1 million, or $4.68 per share, a year earlier.
Revenue rose 3.5 percent to $1.9 billion.
- Malaysia Airlines plane missing at sea off Vietnam, presumed crashed |
- China draws 'red line' on North Korea, says won't allow war on peninsula
- Warning shots fired to turn monitors back from Crimea |
- Malaysian plane crashed off Vietnam coast: state media