AutoZone Takes a Step Back Toward Robust Sales Growth [The Motley Fool]
Advance Auto Parts Inc. (AAP)
Last advance auto parts inc. earnings: 2/18 06:30 am
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Source: The Motley Fool
The retailer announced a faster expansion pace and steady profitability in the fiscal fourth quarter. Demitrios Kalogeropoulos ( TMFSigma ) Sep 18, 2018 at 7:00PM AutoZone ( NYSE:AZO ) this week announced earnings results highlighted by a rebounding sales growth pace, just as the management team had predicted back in late May. And, like rivals in the industry have done recently, the auto parts giant expressed optimism that trends will continue picking up in the quarters to come. Yet AutoZone appears to have its work cut out for it, as its growth rate is currently trailing peers like Advance Auto Parts . Here's how the big-picture results stacked up against the prior-year period: Metric Q4 2018 Q4 2017 Change (YOY) Revenue $3.56 billion $3.51 billion 1% Net income $494 million $
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