AutoZone profit rises as costs fall

Tue May 21, 2013 7:19am EDT

May 21 (Reuters) - AutoZone Inc, the largest U.S. auto parts retailer, reported a 7 percent rise in quarterly profit as costs fell.

Net income rose to $265.6 million, or $7.27 per share, in the third quarter, from $248.6 million, or $6.28 per share, a year earlier.

Revenue rose 4.5 percent to $2.21 billion.