AutoZone 4Q income up 12.2%

9/22/2008

MEMPHIS, Tenn. AutoZone reported net sales of $2.2 billion for its fourth quarter ended Aug. 30, an increase of 10.4% from fiscal fourth quarter 2007. Domestic same-store sales increased 0.6% for the quarter.

Net income for the quarter increased 12.2% over the same period last year to $243.7 million, while diluted earnings per share increased 20.1% to $3.88 per share from $3.23 per share in the year-ago quarter.