MEMPHIS, Tenn. — AutoZone Inc. today reported fiscal fourth-quarter net income of $810 million.
The company said it had profit of $40.51 per share.
The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $38.38 per share.
The auto parts retailer posted revenue of $5.35 billion in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $5.14 billion.
For the year, the company reported profit of $2.43 billion, or $117.19 per share. Revenue was reported as $16.25 billion.
AutoZone shares have risen slightly more than 3% since the beginning of the year, while the S&P’s 500 index has dropped 19%. The stock has climbed 36% in the past 12 months.