AutoZone reports below-consensus Q1 earnings, slower same-store sales growth

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

AutoZone reports below-consensus Q1 earnings, slower same-store sales growth

AutoZone posted earnings per share of $32.52, missing the $33.60 projected by analysts. Revenue for the quarter came in at $4.3 billion, in line with consensus estimates.

Domestic comparable sales rose by 0.3%, down from last year’s 1.2% growth and below the forecast of 0.74%. “I would like to thank all our AutoZoners across the globe for their efforts in helping us deliver solid first quarter results,” said Phil Daniele, President and CEO of AutoZone. Operating profit stood at $841.1 million in the first quarter, a 0.9% decline year-over-year and below the $848.3 million analyst projection.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 450. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker