September 25, 2013 / 11:28 AM / 4 years ago

AutoZone quarterly profit rises as margins improve

1 Min Read

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.

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