AutoZone promotes Grace Sharpley to Senior Vice President, Finance
She joins the Executive Committee and reports to CFO Jamere Jackson.
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Automotive parts and accessories retailer
autozone.comLast updated
In short: AutoZone expanded its retail footprint and financial initiatives, despite facing sales headwinds from winter storms and rising inflation.
She joins the Executive Committee and reports to CFO Jamere Jackson.
Board authorized additional repurchase, bringing total authorized to $42.2 billion since 1998.
Net sales rose 8.4% to $4.8 billion, with EPS of $38.07.
Total company same store sales rose 3.3%, domestic 3.4%. EPS was $27.63. Opened 64 net new stores. Repurchased $310.8 million in shares.
AutoZone is expected to announce its fourth-quarter earnings in the coming months, and Wall Street forecasts a double-digit increase in its bottom line.
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