AutoZone Inc. reported a fiscal fourth-quarter net income of $902.2 million, with earnings per share of $51.58. Adjusted earnings were $48.11 per share, falling short of Wall Street expectations. Despite this, the company’s revenue of $6.21 billion beat forecasts. For the year, AutoZone reported a profit of $2.66 billion and revenue of $18.49 billion. The company’s shares have increased by 18% since the beginning of the year, while the S&P 500 index has climbed 20%. Over the last 12 months, the stock has risen by 20%. This information was provided by Zacks Investment Research and Automated Insights.
In a press release, AutoZone Inc. announced their fiscal fourth-quarter results, reporting a net income of $902.2 million and revenue of $6.21 billion. The company’s earnings per share were $51.58, with adjusted earnings of $48.11 per share. Although falling short of analyst expectations, AutoZone’s shares have seen an 18% increase since the start of the year. For the full year, the company reported a profit of $2.66 billion and revenue of $18.49 billion. The stock performance over the past 12 months has shown a 20% rise. For more information, Zacks Investment Research offers a detailed stock report on AutoZone Inc. at their website.
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