The Bad PlaceUS Top News and Analysis | AutoZone stock on pace for worst trading day since March 2020, despite retailer beating Wall Street estimates
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AutoZone Inc. shares were on track for their worst trading day in more than six years, dropping over 10% intraday even though the retailer posted fiscal third‑quarter earnings of $38.07 per share—well above the $36.28 consensus—and revenue of $4.84 billion, essentially matching expectations. Analysts highlighted concerns about sluggish international growth, margin compression, cooler weather dampening heat‑related sales, and ongoing pressures from inflation, higher energy costs, and potential supply‑chain disruptions, including a possible motor‑oil shortage linked to the war in Iran. Management said inflationary pressures would likely stay but be “slightly muted” year‑over‑year and that lubricant supply issues were being monitored, but they did not expect a material impact on the business.
Read more: https://www.cnbc.com/2026/05/26/autozone-stock-on-pace-for-worst-trading-day-since-march-2020.html