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Why AutoZone's Q3 Earnings Were Much Worse Than You Think

2015-06-01 14:54:17| Auto Parts - Topix.net

AutoZone reported its fiscal Q3 earnings results on May 26. On the face of it, the numbers weren't bad. Sales rose 6.5%, same-store sales inched up 2.3%, net income increased 8.4%, and diluted EPS jumped 13.1% thanks to stock buybacks.

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