-
AutoZone same-store sales lower than expected
Domestic same-store sales at AutoZone for the fourth quarter ended Aug. 31 increased 1% — below expectations. The company did have reason to ride high, however, because it also posted its 28th consecutive quarter of double digit growth in earnings per share.
Diluted earnings per share increased 23.2% to $10.42 per share from $8.46 per share in the year-ago quarter. Moreover, net sales were $3.1 billion for the quarter, a 12% jump from the same quarter last year.
-
New Sam’s Club opens in Harker Heights, Texas
Harker Heights, Texas — Sam’s Club will open its new Harker Heights, Texas location on Sept. 26 at 8 a.m. The grand opening will feature presentations by the mayor of Harker Heights and the president of the chamber of commerce president. Retired NFL player Ed “Too Tall” Jones will make an appearance from 3 p.m. to 5 p.m.
The new 136,000-sq.-ft. warehouse will bring 175 jobs to the community and feature a fresh bakery, a tire and battery center, a café and a fueling station.