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AutoZone's profit fell short of expectations in Q2 due to inflation, tariffs, and winter weather, despite higher sales.
AutoZone reported a decline in second-quarter profit due to inflation, tariffs, and winter weather disruptions, with net income falling to $469 million, or $27.63 per share, below analyst expectations of $27.13.
Sales rose 8.15% to $4.27 billion, slightly missing the $4.31 billion forecast.
Despite strong demand, margin pressures and a tough vehicle market weighed on results, leading to a 6% drop in shares during premarket trading.
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El beneficio de AutoZone quedó por debajo de las expectativas en el segundo trimestre debido a la inflación, los aranceles y el clima invernal, a pesar de las mayores ventas.