AutoZone Stock Gaps Lower After Quarterly Profit Miss

Shares of AutoZone Inc (NYSE:AZO) were last seen down 2.9% to trade at $3,990, after the company missed fiscal fourth-quarter earnings expectations. Revenue came in above estimates, though, as the automotive parts and accessories retailer also reported strong same-store sales growth.AZO is extending a pullback from its Sept. 11, all-time high of $4,388.11 as it gaps further below the 20-day moving average. The equity earlier slipped to its lowest level since mid-August, but still carries a 33.4% year-over-y ...