Q4/FY 2024 - AutoZone - Analysis

FX headwinds, no LIFO credit, and more store openings driving total SG&A

Following the earnings release of O’Reilly at the end of July, AutoZone was next in line. Let’s dig deeper into the numbers. At the time of writing, AutoZone stock is down 1.1%, after being down as much as 5% on the opening, and being up 1.6% during this morning’s session. Trading volume since 12pm is now very low for an earnings day.

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