US-based retailer and distributor of aftermarket automotive parts and accessories, AutoZone, has reported a 2.1% year-over-year increase in net sales, reaching $4.3 billion for the first quarter ended Nov. 23, 2024, compared to the same period in the prior fiscal year.
The growth in sales is attributed to an increase in same-store sales across both domestic and international locations. The company saw a slight increase in gross profit as a percentage of sales to 53.0% due to higher merchandis...
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