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AutoZone Shares Rev Higher on Strong Earnings, Sales

M. Corey Goldman

AutoZone on Tuesday reported net income for the quarter ended May 4 of $405.9 million, or $15.99 a share, vs. $366.7 million, or $13.42 a share, in the comparable year-earlier quarter. As of May 4, the company had 5,686 stores in 50 states in the U.S., the District of Columbia and Puerto Rico, 576 stores in Mexico, and 25 stores in Brazil for a total count of 6,287.