AutoZone Plans Aggressive Store Expansion To Capture Market Share

AutoZone, Inc. (NYSE:AZO) shares dipped Tuesday after the auto parts retailer reported fourth-quarter earnings and sales that fell short of Wall Street expectations. However, the stock recovered its earlier losses and is now trading slightly higher. The company reported fourth-quarter earnings per share of $48.71, missing the analyst consensus estimate of$ 50.91. Quarterly sales of $6.242 billion (+0.6% year over year) missed the Street view of$ 6.245 billion. Also Read: Stock Market Today: Dow Futures Ri ...