AutoZone (AZO) shares slide despite earnings beat
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AutoZone 1st Quarter Same Store Sales Increase 5.6%; EPS Increases to $27.45
December 6, 2022 6:55 AM ESTMEMPHIS, Tenn., Dec. 06, 2022 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $4.0 billion for its first quarter (12 weeks) ended November 19, 2022, an increase of 8.6% from the first quarter of fiscal 2022 (12 weeks). Domestic same store sales, or sales for stores open at least one year, increased 5.6% for the quarter.
I would again like to thank and congratulate our AutoZoners across the Company for their ongoing commitment to deliver great results and exceptional customer service.  Their efforts allowed us to deliver solid same store sales results on top of last years very strong 13.6%.... More
