AutoZone Reports Strong 1Q Growth

Memphis, Tenn. AutoZone today reported strong sales across its business categories for its first quarter.

The chain reported net sales of $1.5 billion for its first quarter ended Nov. 17, an increase of 4.5% from the same period last year. Domestic same-store sales increased 1.3% for the quarter.

Net income for the quarter increased 7% over the same period last year to $132.5 million.