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 has been writing about Memphis since she moved to the city more than 20 years ago. She’s worked for print, digital and broadcast news outlets, including Memphis Daily News and Action News 5 (WMC), as well as public relations agencies. Her work has earned awards from The Associated Press, Tennessee Press Association, Society of Professional Journalists and Public Relations Society of America.
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