AutoZone reports Q2 revenue growth but falls short of estimates
“We are excited about our momentum heading into the back half of the fiscal year, and we are well prepared for our spring and summer selling season,” AutoZone President and CEO Phil Daniele said said. “As we continue to invest in our business, we remain committed to our disciplined approach of increasing earnings and cash flow all while delivering strong shareholder value.” (The Daily Memphian file)
The Memphis-based automotive-parts retailer has warned inflation was holding customers back, impacting its do-it-yourself market.
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AutoZone Inc. Phil Daniele earningsAisling Mäki
Aisling Mäki covers health care, banking and finance, technology and professions. After launching her career in news two decades ago, she worked in public relations for almost a decade before returning to journalism in 2022.
As a health care reporter, she’s collaborated with The Carter Center, earned awards from the Associated Press and Society of Professional Journalists and won a 2024 Tennessee Press Association first-place prize for her series on discrepancies in Shelby County life expectancy by ZIP code.
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