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AutoZone Sales Disappoint on Customer Preferences

2014-09-22 17:42:36| Auto Parts - Topix.net

Auto parts retailer AutoZone Inc reported weaker-than-expected quarterly revenue as a strengthening U.S. economy encouraged consumers to buy new vehicles instead of repairing existing ones. Autozone's same-store sales rose only 2.1 percent in the fourth quarter ended Aug. 30, compared with a 4 percent rise in the third quarter.

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Category:Automotive

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