AutoZone Inc
AZO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|h< | LOCK|LKj | LOCK|!pn$!T&s |
AutoZone Earnings: Margins Remain Under Pressure, but Commercial Share Gains Encouraging
AutoZone's revenue expanded 5% in its fiscal third quarter, underpinned by a 5% uptick in domestic comparable sales. Internationally, comparable sales improved 8% when excluding foreign currency effects. Despite the positive sales momentum, earnings per share fell 4% to $35.36.
