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AutoZone First Quarter Earnings Call |
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Author: Albena Toncheva
123jump.com
Last Update: 7:58 AM EST December 06 2007
The specialty retailer of automotive replacement parts and accessories reported revenue of $1.46 billion, an increase of 5% over $1.39 billion in prior year. During the quarter, margins continued to benefit from the ongoing category management initiatives, direct import efforts, and slight sales shift mix toward higher-margin application parts. In 1Q, AutoZone opened 40 new stores, bringing the total store count to 3,972. |
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