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AutoZone Expects Solid Third Quarter Growth.(Brief Article)


AutoZone, Inc. said that quarter-to-date same store sales growth was in the 7 percent -8 percent range. AutoZone's

first fiscal quarter ends on November 17, 2001. AutoZone has also continued to experience strong positive cash

flow, resulting in a reduction in debt outstanding compared to the same period a year ago, the company said. With

these initial results, AutoZone said it is very comfortable that it will exceed the current Thomson/First Call

consensus estimate of $0.57 for its first quarter.

COPYRIGHT 2001 International Trade Services Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.

Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

NOTE: All illustrations and photos have been removed from this article.


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