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Why AutoZone Stock Is Plummeting Today

TheMotleyFool

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Why AutoZone Stock Is Plummeting Today: https://g.foolcdn.com/editorial/images/871719/gettyimages-1062733970-1.jpg

AutoZone (NYSE: AZO) stock is getting hit with a big sell-off in Tuesday's trading. The company's share price was down 9.6% as of 2:45 p.m. ET.

Before the market opened this morning, AutoZone published results for the third quarter of its current fiscal year -- a period that ended May 9. While the company posted a significant earnings beat in the quarter, sales fell short of the average analyst estimate.

Image source: Getty Images.

Source Fool.com

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