Commercial Program Sales Are Pacing AutoZone's Growth
Investors in car stocks often pore over the quarterly results of auto parts companies to get a read on the overall industry -- and to glean potential investment ideas. AutoZone (NYSE: AZO) is a perennial bellwether for industry health, and it's also been a pretty decent investment of late, as its stock has leaped 41% higher over the last 12 months. The auto parts retailer released fiscal fourth-quarter earnings on Sept. 24, revealing moderate comparable sales growth and continuity in a positive overall revenue trend. Below, as we walk through important details from the quarter, note that all comparative numbers refer to those of the prior-year quarter.
Data source: AutoZone.
Image source: Getty Images.
Source Fool.com
