Shares of AutoZone, Inc. (AZO) declined on Tuesday after the company reported lower second-quarter profit despite revenue growth.
The stock is currently trading at $3,667.70, down $214.77 or 5.53%, on the NYSE. It opened at $3,650.00 after closing the previous session at $3,882.47. The stock has traded between $3,210.72 and $4,388.11 over the past 52 weeks.
AutoZone reported second-quarter net income of $468.86 million, or $27.63 per share, compared with $487.92 million, or $28.29 per share, in the same period last year. Revenue rose 8.1% to $4.274 billion, up from $3.952 billion a year earlier.
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