Tiger Brokers

BUZZ-AutoZone falls after Q3 profit decline on currency headwinds

Reuters
May 27, 2025
BUZZ-AutoZone falls after Q3 profit decline on currency headwinds

** Auto parts retailer AutoZone Inc's AZO.N shares down 1% at $3,799 in choppy morning trading

** Memphis, Tennessee-based firm's Q3 profit fall 6.6% a year ago, as softening demand and currency fluctuations weighed on margins

** Co's Q3 net income falls to $608.4 mln, or $35.36/share, compared with $651.7 mln, or $36.69/share, a year ago

** AZO's quarterly net sales rise 5.4% to about $4.5 bln, topping estimates of about $4.36 bln - data compiled by LSEG

** Twenty-four of 29 brokerages rate stock "buy" or higher, five "hold"; their median PT is $3,972.50 - data compiled by LSEG

** Including session's moves, shares up 18.6% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10