UPDATE 2-Sales to repair shops drive AutoZone profit

Newswire

(Adds earnings details, background) CHICAGO, May 27 (Reuters) - AutoZone Inc. , the largest U.S. auto parts retailer, said on Tuesday its quarterly net income rose 23 percent, bolstered by higher sales of replacement parts to car repair centers. AutoZone, whose shares are hovering near their all-time highs, has benefited as Americans put more miles on their cars each year and keep their aging vehicles longer, driving sales of replacement parts. A 30 percent jump in commercial sales ...

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