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AutoZone Stock Recovers after Falling ~10% on Q3 Results

AutoZone Stock Recovers after Falling ~10% on Q3 Results

AutoZone (AZO), the top US auto part retailer by store count, released its fiscal third-quarter (ended May 5) results on May 22. In the quarter, the company’s adjusted EPS rose 17.3% YoY (year-over-year) to $13.42 from $11.44, beating analysts’ estimate of $12.97.