AutoZone Inc. (AZO) reported first quarter net income of $5.41 per share Tuesday morning, up from $4.68 in the prior year period. The consensus estimate was for EPS of $5.39. Net sales rose 4 percent to $1.99 billion from $1.92 billion in the prior-year, but missed analysts' consensus estimate of $2.02 billion.
AutoZone declined throughout the first 2 hours of trade Tuesday and finished down by 11.21 at $366.80 on above average volume. The stock fell to over a 1-month low and dropped below both its 50 and 200-day moving averages.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.