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These Analysts Slash Their Forecasts On AutoZone After Weak Sales
AutoZone, Inc (NYSE:AZO) reported worse-than-expected third-quarter sales results on Tuesday.
The company reported third-quarter earnings per share of $36.69, beating the street view of $36.20. Quarterly revenues of $4.235 billion (+3.5% year over year) missed the analyst consensus of $4.298 billion, according to data from Benzinga Pro. AutoZone said its third-quarter total company same-store sales increased 0.9%, while domestic sales were flat.
"Domestically, our sales ...