Wed, December 11, 2024
[ Wed, Dec 11th 2024 ]: Businessworld
Fuel And Road Costs Can Reduce Logistics To 9%: Nitin Gadkari
[ Wed, Dec 11th 2024 ]: Houston Public Media
General Motors reportedly scraps autonomous vehicles months after Houston relaunch of Cruise
[ Wed, Dec 11th 2024 ]: Bradford Era
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[ Wed, Dec 11th 2024 ]: Yahoo Finance
ECD Auto Design Announces Receipt of Nasdaq Delisting Notice
[ Wed, Dec 11th 2024 ]: The Royal Gazette
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[ Wed, Dec 11th 2024 ]: Stoneham Independent
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[ Wed, Dec 11th 2024 ]: YAHOO!News
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[ Wed, Dec 11th 2024 ]: The New Indian Express
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[ Wed, Dec 11th 2024 ]: Beatrice Daily Sun
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[ Wed, Dec 11th 2024 ]: The Franklin News Post
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[ Wed, Dec 11th 2024 ]: Yahoo
US car giant axes $10bn self-driving taxi business amid safety issues
[ Wed, Dec 11th 2024 ]: Forbes
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[ Wed, Dec 11th 2024 ]: Wall Street Journal
General Motors Scraps Cruise Robotaxi Program
[ Wed, Dec 11th 2024 ]: Detroit News
Top auto lobby warns states of 'unachievable' California emissions rules
[ Wed, Dec 11th 2024 ]: Los Angeles Times
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[ Wed, Dec 11th 2024 ]: Reuters
Wall Street mostly upbeat on GM's decision to pull the plug on Cruise
[ Wed, Dec 11th 2024 ]: CalMatters
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[ Wed, Dec 11th 2024 ]: The Verge
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[ Wed, Dec 11th 2024 ]: Associated Press
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[ Wed, Dec 11th 2024 ]: TopSpeed
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[ Wed, Dec 11th 2024 ]: Community Impact Newspaper
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[ Wed, Dec 11th 2024 ]: The Independent Singapore
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[ Wed, Dec 11th 2024 ]: Cars
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[ Wed, Dec 11th 2024 ]: Repairer Driven News
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[ Wed, Dec 11th 2024 ]: MSN
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[ Wed, Dec 11th 2024 ]: USA Today
MichAuto panel talks state of industry with rise of China, electric vehicles, tariffs
[ Wed, Dec 11th 2024 ]: CNBC
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Tue, December 10, 2024
[ Tue, Dec 10th 2024 ]: USA Today
GM dumps Cruise robotaxi plans; shifts autonomy work to personal cars
[ Tue, Dec 10th 2024 ]: Crain's Detroit
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[ Tue, Dec 10th 2024 ]: The New York Times
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[ Tue, Dec 10th 2024 ]: Slate
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[ Tue, Dec 10th 2024 ]: Electronic Design
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[ Tue, Dec 10th 2024 ]: JD Supra
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[ Tue, Dec 10th 2024 ]: TechCrunch
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[ Tue, Dec 10th 2024 ]: Seeking Alpha
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[ Tue, Dec 10th 2024 ]: MSN
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[ Tue, Dec 10th 2024 ]: WPRI 12
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[ Tue, Dec 10th 2024 ]: Bloomberg L.P.
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[ Tue, Dec 10th 2024 ]: Reuters
AutoZone misses first-quarter profit, revenue estimates
[ Tue, Dec 10th 2024 ]: Yahoo Finance
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[ Tue, Dec 10th 2024 ]: Forbes
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[ Tue, Dec 10th 2024 ]: Gulf News
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Mon, December 9, 2024
[ Mon, Dec 09th 2024 ]: Wall Street Journal
Auto & Transport Roundup: Market Talk
[ Mon, Dec 09th 2024 ]: Reuters
Stellantis' former head of Ram returns to run the brand
[ Mon, Dec 09th 2024 ]: ABC
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[ Mon, Dec 09th 2024 ]: Politico
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[ Mon, Dec 09th 2024 ]: MSN
Chain of Rocks Bridge reaches midway point with new span open
[ Mon, Dec 09th 2024 ]: The New York Times
Chinese Carmakers Are Taking Mexico by Storm While Eyeing U.S.

AutoZone misses first-quarter profit, revenue estimates

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Automotive parts retailer AutoZone missed estimates for first-quarter profit and revenue on Tuesday, hurt by higher raw material prices and a stronger dollar.
AutoZone Inc. reported lower-than-expected quarterly profit and revenue for the first quarter ending November 18, 2023, due to a combination of factors including a mild winter reducing demand for auto parts, and increased competition from both traditional rivals and new entrants in the automotive aftermarket sector. The company's net income rose to $593.5 million, or $30.98 per share, from $569.2 million, or $27.45 per share, a year earlier, but this still fell short of Wall Street expectations of $31.07 per share. Revenue increased by 5.1% to $4.23 billion, yet it did not meet the anticipated $4.25 billion. AutoZone also noted a slight decrease in same-store sales, attributing it to cautious consumer spending and a shift towards electric vehicles which require fewer traditional maintenance parts.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/autozone-misses-first-quarter-profit-revenue-estimates-2024-12-10/ ]


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