Weekly Recap: Strong Q4 results and Morgan Stanley Buy reiteration
AutoZone, Inc. (NYSE:AZO) posted robust Q4 results—EPS $56.05, sales ~$6.59—6.60B, SSS +1.5%, gross margin ~53.3%, operating profit ~$1.3B—and opened 175 stores while repurchasing $697.5M; Morgan Stanley reiterates Buy, citing attractive valuation despite short-term margin pressure from expansion.P…