AutoZone Inc
AZO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|TjQ | LOCK|@h | LOCK|<?c#bdH |
AutoZone Earnings: Winter Storms Cause DIFM Growth to Decelerate, but Shares Still Rich
AutoZone's domestic and international sales grew 3.3% and 2.5% (constant currency), respectively, in the second quarter. Gross margin contracted 137 basis points to 52.5%, driven by a 138-basis-point noncash LIFO charge related to tariffs, and overhead expenses rose 8.6% to support store expansion.
