0833 ET - AutoZone shares are up in early trading, even after its F4Q same-store sales missed Wall Street estimates. An 8.6% sales increase in its domestic commercial business implies slightly negative same-store sales for its core do-it-yourself segment, Mizuho analyst David Bellinger says in a note, also mentioning that operating expenses were elevated, though offset by tariffs refunds. "We question shares initially up on this print," he says. The stock ticks up 1.3% premarket.
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.