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Mixed quarter for AutoZone

Sep. 22, 2016 7:07 AM ETAutoZone, Inc. (AZO) StockBy: Clark Schultz, SA News Editor
  • AutoZone (NYSE:AZO) reports domestic same-store sales increased 1% in FQ4. Sales per square foot fell a buck to $85 during the quarter.
  • Gross profit as a percentage of sales rose 30 bps to 52.8% as lower acquisition costs contributed.
  • Operating expenses as a percentage of sales fell 10 bps to 32.1%.
  • The company ended the quarter with 5,297 stores, +156 Y/Y.
  • Previously: AutoZone beats by $0.04, misses on revenue (Sept. 22)

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