Autozone posts higher profit on strong margins

Tue Dec 4, 2012 12:20pm GMT

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Dec 4 (Reuters) - Autozone Inc, the largest U.S auto parts retailer, reported a higher quarterly profit on strong margins.

Net income rose to $203.5 million, or $5.41 per share, in the first quarter, from $191.1 million, or $4.68 per share, a year earlier.

Revenue rose 3.5 percent to $1.9 billion.