Sales growth combined with slower store growth implies commercial takes a larger role.

We continue to believe that AutoZone is making all the right moves to invest in its store base in the near to medium term.

Management cited a narrower assortment of handsets, ramp up of expertise on the activation process, and fewer-than-expected promotions as reasons for the softness.

There's no surprise in the numbers coming so close to the profit warnings. The story here is the company's insistence it can pay a dividend.

It was a record year in earnings, sales and earning per share.

We have now registered our fourth consecutive quarter of strong sales growth and our third consecutive quarter of higher earnings, excluding special items,