AutoZone Posts Weaker-Than-Expected Q4 Profit
1. AutoZone missed earnings expectations due to increased expansion costs. 2. Net income fell 7.2%, with earnings per share at $48.71 versus $50.89 expected. 3. Revenue grew 0.6% to $6.24 billion, meeting forecasts. 4. CEO plans aggressive store expansion in the coming year. 5. AutoZone shares were flat; 29% increase year-to-date before this report.