These Analysts Slash Their Forecasts On AutoZone After Downbeat Q1 Results

AutoZone, Inc. (NYSE:AZO) reported first-quarter earnings and sales that fell short of Wall Street expectations on Tuesday.The company reported quarterly earnings per share of $31.04, missing the analyst consensus estimate of $32.37. Quarterly sales of $4.629 billion (up 8.2% year-over-year) missed the Street view of $4.637 billion.“We were especially pleased to open 53 net new stores globally in the quarter and we plan to aggressively open stores over the remainder of the fiscal year as we continue our foc ...