AutoZone Q4 Sales $6.205B Miss $6.221B Estimate
Portfolio Pulse from Benzinga Newsdesk
AutoZone reported Q4 sales of $6.205 billion, missing the estimated $6.221 billion.
September 24, 2024 | 10:56 am
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NEGATIVE IMPACT
AutoZone's Q4 sales were $6.205 billion, slightly below the $6.221 billion estimate, which may lead to a negative short-term impact on its stock price.
The slight miss in sales figures compared to estimates can lead to a negative sentiment among investors, potentially causing a short-term decline in AutoZone's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100