From Yahoo Finance: 2025-05-27 08:30:00

AutoZone Inc reported a 6.6% drop in quarterly profit due to softening demand and currency fluctuations. Domestic same-store sales increased by 5% compared to last year, driven by commercial customers. The industry faces higher supply chain costs from Trump’s tariffs, impacting consumer budgets. Quarterly net sales rose 5.4% to $4.5 billion, exceeding estimates. Net income fell to $608.4 million.



Read more at Yahoo Finance: AutoZone’s third quarter profit falls 6.6% on currency headwinds