AutoZone shares dip ahead of earnings, investors eye margins, growth

AutoZone's shares fell 1.2% to $2,821.72 ahead of its quarterly results, with investors focused on margins and the growth of its commercial business. The auto parts retailer is expected to post a 7% year-over-year rise in fiscal Q4 revenue to $6.70 billion and adjusted EPS of $53.86, up from $48.71 a year ago, The company's stock is down approximately 17% year-to-date, underperforming the S&P 500.