Why Is AutoZone (AZO) Down 5.3% Since Last Earnings Report?

It has been about a month since the last earnings report for AutoZone (AZO) . Shares have lost about 5.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is AutoZone due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. AutoZone Q1 Earnings & Sales Beat EstimatesAutoZone ...