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Auto parts retailer AutoZone's profit beats estimates

2014-12-09 14:30:25| Auto Parts - Topix.net

AutoZone Inc, the second largest U.S. auto parts retailer, reported a higher-than-expected quarterly profit, helped by lower gas prices and colder-than-usual weather that encouraged customers to ready their cars for a harsh winter. Net income rose to $238.3 million, or $7.27 per share, in the first quarter ended Nov. 22 from $218.1 million, or $6.29 per share, a year earlier.

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