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DAILY EARNINGS

AutoZone, Neogen Net Climb


Author: Mukesh Buch
ticker.com
Last Update: 12:43 PM ET September 22 2014

12:30 AM New York AutoZone fourth-quarter net soared 7% to $374 million and net sales climbed 5% to $3 billion. Neogen first-quarter net soared 13% to $9 million after revenue surged 15% to $68 million.

Tollbooth Index dropped 1.7% or 160.50 to 9,346.36.

Earnings Review

AutoZone, Inc (AZO), the auto parts retailer and distributor reported net sales in the fourth-quarter ending in August climbed 4.5% to $3 billion from a year ago period. Same store sales in the quarter jumped 2.1%.

Net income in the quarter soared 7.4% to $373.7 million or $11.28 a diluted share compared to $371.2 million or $9.76 from a same quarter last year.

Neogen Corporation (NEOG), the medical equipment maker said revenue in the first-quarter ending in August surged 15% to $67.6 million from a year ago period.

Net income in the quarter climbed 13% to $8.9 million or 24 cents a diluted share compared to $7.8 million or 21 cents from a same quarter last year.
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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc