AutoZone’s stock drops after a rare profit miss, as U.S. sales come up short
AutoZone’s stock dropped in early Tuesday trading, after the auto-parts retailer reported quarterly earnings and sales that rose, but not enough to meet expectations, as U.S. results continued to underperform.
AutoZone misses quarterly profit estimates on rising costs; shares down
Auto parts retailer AutoZone reported a lower-than-expected fourth-quarter profit on Tuesday, hurt by inflationary challenges, sending its shares down almost 5% in early trade.
AutoZone Q4 Earnings: 9% Revenue Growth, Opens 117 New Stores, 1.3% Same-Store Sales Growth And More
AutoZone (NYSE: AZO) reported Q4 earnings of $51.58 per share, missing expectations. Revenues of $6.205 billion also missed consensus. Gross profit margin down, opening 117 new stores.
AutoZone, Inc. (AZO) Q4 2024 Earnings Call Transcript
Q4 2024 Earnings Conference Call September 24, 2024 10:00 AM ETCompany ParticipantsBrian Campbell - Vice President,
AutoZone reports Q4 growth but falls short of expectations
The Memphis-based automotive parts retailer reported a higher net income compared to the same period last year, and earnings per share rose 11%.
AutoZone: Fiscal Q4 Earnings Snapshot
MEMPHIS, Tenn. (AP) — MEMPHIS, Tenn. (AP) — AutoZone Inc. (AZO) on Tuesday reported fiscal fourth-quarter net income of $902.2 million. On a per-share basis, the Memphis, Tennessee-based company said it had profit of $51.58. Earnings, adjusted for non-recurring gains, came to $48.11 per share.
What To Expect From AutoZone Inc (AZO) Q4 2024 Earnings
AutoZone Inc (NYSE:AZO) is set to release its Q4 2024 earnings on Sep 24, 2024. The consensus estimate for Q4 2024 revenue is $6,221.24 million, and the earnings are expected to come in at $54.03 per share.
AutoZone’s stock falls as profit and sales rise, but miss expectations
Shares of AutoZone Inc. dropped 2.3% in premarket trading Tuesday, after the auto parts retailer reported fiscal fourth-quarter earnings and sales that rose less than expected, as U.S. results continued to underperform.
AutoZone (AZO) Misses Q4 Earnings Estimates
AutoZone (AZO) came out with quarterly earnings of $48.11 per share, missing the Zacks Consensus Estimate of $53.31 per share. This compares to earnings of $46.46 per share a year ago. These figures are adjusted for non-recurring items.
AutoZone: Stay Long, It Continues To Be A Winner
AutoZone, Inc. is a top long-term holding with consistent growth, international expansion, and a robust buyback program.
Why Autozone Stock Slumped on Tuesday
On the plus side, Autozone bought back about $710 million worth of stock during Q4 at an average price of $2,915 per share.
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Police looking for suspects behind AutoZone flash burglary in South Los Angeles
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