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: AutoZone’s stock sinks toward 7-month low after rival Advance Auto Parts’ disappointing results, dividend cut

Shares of AutoZone Inc. AZO sank 6.4% toward a 7-month low in premarket trading Wednesday, in the wake of a disappointing earnings report from rival auto parts seller Advance Auto Parts Inc. AAP, which included cuts to its full-year guidance and its dividend amid a competitive pricing environment. AutoZone had reported last week a quarterly […] The post : AutoZone’s stock sinks toward 7-month low after rival Advance Auto Parts’ disappointing results, dividend cut appeared first on ForexTV... Read More
Posted: May 31 2023, 18:44
Author Name: forextv
Views: 1116100

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