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AutoZone Posts Weaker-Than-Expected Q4 Profit

Eva Marie Uzcategui / Bloomberg via Getty Images AutoZone posted lower-than-expected profit for its fiscal fourth quarter Key Takeaways AutoZone missed earnings estimates as it spent more on expansion. The auto parts retailer increased its store count by 141 in the quarter, and also expanded its inventory. CEO Phil Daniele said AutoZone will “aggressively open stores in the new year.” AutoZone (AZO) posted weaker-than-expected quarterly profit as its spending increased. The auto parts retailer re ...