- AutoZone Inc (NYSE:AZO) reported first-quarter FY22 sales growth of 16.3% year-on-year, to $3.67 billion, beating the analyst consensus of $3.37 billion.
- EPS of $25.69 beat the analyst consensus of $20.87.
- Domestic same-store sales for the quarter increased 13.6%.
- The gross margin decreased 65 basis points Y/Y to 52.5%. The operating margin was 20.6%, and operating income for the quarter rose 22.6% to $754.5 million.
- AutoZone held $961.1 million in cash and equivalents as of November 20, 2021. Adjusted debt totaled $7.6 billion.
- The company had $1.018 billion remaining under its current share repurchase authorization at the end of the quarter.
- Price Action: AZO shares are trading higher by 2.61% at $1,929 in premarket on the last check Tuesday.
Crane Q4 EPS $1.25 Beats $1.13 Estimate, Sales $770.50M Beat $745.86M Estimate
Crane (NYSE:CR) reported quarterly earnings of $1.25 per share which beat the analyst consensus estimate of $1.13 by 10.62 percent. This is a 25 percent increase over earnings of $1.00 per share from the same period last
