AutoZone profit rises 7 pct due to higher repairs

Reuters

Dec 10 (Reuters) - AutoZone Inc, the largest U.S.auto parts retailer, reported a 7 percent rise in quarterlyprofit due to higher repairs.

Net income rose to $218.1 million, or $6.29 per share, inthe first quarter ended Nov. 23, from $203.5 million, or $5.41per share, a year earlier.

Revenue rose 5 percent to $2.09 billion.

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