Author: Albena Toncheva
123jump.com
Last Update: 9:14 AM EDT June 04 2007
The leading retailer of the auto parts reported that its revenue grew 4% over last year to $1.474 billion. AutoZone opened 33 new stores in the quarter, taking the total to 3,881 stores in 48 states and Puerto Rico. The firm has substantially completed the rollout of the line reviews as it expected and added more hard parts coverage into its stores than it has in years. The company experienced weak sales in April, due to cold weather and higher gas prices.
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