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AutoZone Q1 Results Top Estimates
(RTTNews) - Automotive replacement parts retailer AutoZone, Inc. (AZO) reported Tuesday that net income for the first quarter decreased to $539.32 million or $27.45 per share from $555.24 million or $25.69 per share in the year-ago quarter.
Net sales for the quarter grew 8.6 percent to $3.99 billion from $3.67 billion in the same quarter last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $25.27 per share on revenues of $3.86 billion for the quarter. Analysts' estimates typically exclude special items.
Domestic same store sales, or sales for stores open at least one year, increased 5.6 percent for the quarter.
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AutoZone Q2 Results Top Estimates
Automotive replacement parts retailer AutoZone, Inc. (AZO) reported Tuesday that net income for the second quarter grew to $476.54 million or $24.64 per share from $471.76 million or $22.30 per share in the year-ago quarter.
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805 dias atrás
AutoZone Q4 Results Top Estimates
Automotive replacement parts retailer AutoZone, Inc. (AZO) reported Tuesday that net income for the third quarter increased to $810.04 million or $40.51 per share from $785.77 million or $35.72 per share in the year-ago quarter.
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967 dias atrás
European Shares Likely To Drift Lower At Open
European stocks may open slightly lower on Wednesday after U.S. Treasury Secretary Scott Bessent downplayed the possibility of a quick agreement with the European Union, saying the bloc suffers from a "collective action problem" that's hampering trade negotiations.
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European Economic News Preview: German Final Inflation Data Due
Final inflation from Germany and Spain are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's final consumer prices for April. Consumer price inflation is seen easing to 2.1 percent from 2.2 percent in March. In the meantime, final consumer prices from Sweden and industrial production from Romania are due.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Wednesday.
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Sensex, Nifty Open Higher On Rate Cut Hopes
Indian shares were notably higher on Wednesday as signs of easing retail inflation sparked hopes for more rate cuts from the Reserve Bank of India in coming months.
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Australian Market Maintains Slight Losses In Mid-market
The Australian stock market is maintaining its slight losses in mid-market moves on Wednesday, snapping a five-session winning streak, with the benchmark S&P/ASX 200 staying well below the 8,300 level, following the mixed cues from Wall Street overnight, with a mixed performance across most sectors. Traders are also booking some profits following the recent upside in the markets.
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2h 26min atrás
Asian Markets Trade Mixed
Asian stock markets are trading mixed on Wednesday, following the mixed cues from Wall Street overnight, as traders assess the impact a temporary US-China tariff war settlement, under which tariffs will be reduced to 30 percent and 10 percent, respectively, for a 90-day period. They also cautiously await trade deals with other major US trading partners. Asian markets closed mixed on Tuesday.
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