AutoZone Shares Drop After Revenue Shortfall, Despite EPS Beat

AutoZone Shares Drop After Revenue Shortfall, Despite EPS Beat
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AutoZone Shares Drop After Revenue Shortfall, Despite EPS Beat

AutoZone Inc (NYSE:AZO) turned in a quarter that mixed a strong earnings beat with a revenue shortfall, and the market reacted sharply; the stock fell after the company topped EPS expectations but missed top-line forecasts, while management highlighted solid domestic momentum alongside international pressure. The headline numbers were mismatched: adjusted earnings per share came in...