Argus downgraded AutoZone (NYSE:AZO) to a Hold rating from Buy due to the negative impact of tariffs on earnings. Analyst Bill Selesky and his team believe that both top-line and bottom-line growth will be materially challenged in the short-term,

AutoZone Inc. AZO reported earnings of $28.29 per share for the second quarter of fiscal 2025 (ended Feb. 15, 2025), which missed the Zacks Consensus Estimate of $29.16. The company reported earnings of $28.

AutoZone on Tuesday missed Wall Street estimates for second-quarter revenue, as the automotive parts retailer navigated headwinds due to consumers holding back and currency rate fluctuations.

Key Takeaways AutoZone reported declining net income year-over-year, even as net sales improved. Same-store sales growth missed expectations as domestic growth barely offset an international decline.