The automotive replacement parts maker posts fiscal fourth-quarter earnings of $46.46 a share, beating analysts' estimates.
AutoZone easily beat earnings and sales estimates for its fiscal fourth quarter but the stock was falling after sales in the company’s domestic commercial division came up short.
Net sales for the automotive replacement parts maker were $5.69 billion, also climbing from the year-ago quarter and beating expectations of $5.61 billion. But total domestic commercial sales were $1.499 billion, below the $1.55 billion analysts had forecast.
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