AutoZone Q3 profit up 7.4%

Memphis -- AuzoZone’s earnings rose a better-than-expected 7.4% to $285.2 million for the third quarter, up from $265.6 million in the year ago period, helped by demand for new parts.



Revenue rose 6.2% to $2.34 billion. Domestic same store sales rose 4% in the quarter.



During the quarter, AutoZone opened 30 new stores in the United States and seven new locations in Mexico. As of May 10, the company had a total of 5,279 stores, including 4,901 domestically and 374 in Mexico.