AutoZone’s CFO says tariffs have minimal impact on margins as sales climb
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AutoZone’s CFO says tariffs have minimal impact on margins as sales climb
Good morning. AutoZone buffers its mufflers against tariff pressure. Despite tariff fickleness prompting customers to spend more cautiously, the auto parts retailer has seen year-over-year improvement in its failure and maintenance segments. “Historically, when our consumers are under pressure, our maintenance and failure categories tend to outperform discretionary categories,” said Phil Daniele, CEO of the Fortune 500 company, on Tuesday’s ear…
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