- AutoZone (AZO) reports domestic same store sales rose 0.9% during FQ1
- The retailer's gross margin rate increased 10 bps to 51.9% as it realized lower acquisition costs during the period.
- What to watch: Execs are likely to catch some questions on the 9% Y/Y increase in inventory during the company's earnings call. (webcast)
- AZO unchanged in premarket trading.
More on AutoZone's FQ1
Dec 10 2013, 08:26 ET