AutoZone quarterly profit rises as margins improve

Sept 25 Wed Sep 25, 2013 7:28am EDT

Sept 25 (Reuters) - AutoZone Inc, the largest U.S. auto parts retailer, reported a 15 percent rise in quarterly profit mainly due to higher margins.

Net income rose to $371.2 million, or $10.42 per share, in the fourth quarter from $323.7 million, or $8.46 per share, a year earlier.

Revenue rose 12 percent to $3.1 billion.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article