AutoZone (AZO) Tops Q2 EPS by $2.81, Revenue Beats

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AutoZone (AZO) tops earnings expectations but inflation impacts inventory

February 28, 2023 8:11 AM EST

AutoZone (NYSE: AZO) shares edged lower premarket Tuesday on the back of its latest earnings report, which topped earnings and revenue expectations.

The automotive parts and accessories retailer posted earnings of $24.64, $2.81 better than the analyst estimate of $21.83, with revenue for the quarter coming... More