AutoZone Blamed the Weather. The Weather Isn’t Done With Them.
The Q3 miss was a weather story. Q4 will be too.
“This slowdown in sales was caused by unseasonably cool weather impacting our heat-related categories, which normally begin to ramp this time of year as summer heat begins to take hold” —AutoZone CEO Philip Daniele
I don’t normally publish two days in a row. But AutoZone’s earnings miss landed squarely in my wheelhouse, my latest podcast dropped today with eerily good timing, and it’s raining again — so my plan to mow the front yard and back forty will have to wait.
