AutoZone Earnings Thrive, But Domestic Revenue Struggles: 3 Things Investors Need to Know Now

By |2023-12-07T19:52:49+00:00September 19th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Shares of AutoZone (AZO) fell nearly 3.5% in premarket trading but have leveled out since the market opened this morning. The auto parts retailer posted fiscal fourth-quarter earnings that exceeded analyst expectations in every way but one: domestic revenue. The company reported an earnings beat of $46.46 per share compared to the consensus of [...]