AutoZone Q4 earnings rise on strong demand

Newswire

MEMPHIS, Tenn., Sept 25 (Reuters) - AutoZone Inc. , the largest U.S. automotive parts retailer, posted on Wednesday sharply higher quarterly earnings due to strong demand for replacement parts for the nation's aging cars and trucks. AutoZone, which sells parts and accessories through more than 3,000 stores in the United States and Mexico, said net income in the fiscal fourth quarter ended August 31 rose to $178 million, or $1.73 a share, from $26.5 million, or 24 cents a share, in the same ...

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