AutoZone Stock Gets in the Record-Setting Zone After Strong Results
AZOAutoZone(AZO) Investopedia·2024-02-28 05:55

Key Takeaways AutoZone posted quarterly revenue and profit that exceeded analysts' expectations. The company got a lift from increased merchandise profit margins and lower supply chain expenses. The news sent shares of the auto parts retailer nearly 7% higher to their all-time high Tuesday. AutoZone (AZO) shares rose to an all-time high Tuesday after the auto parts retailer reported revenue and profit that topped analysts' expectations. The company reported second-quarter fiscal 2024 diluted earnings per sh ...