AutoZone Q3 earnings due May 26; shares down 13% amid weather impacts, seen as hold now

AutoZone will report its Q3 earnings on May 26. The stock has fallen about 13% in the past six months, partly due to poor Q2 results affected by harsh winter weather. With winter over, the company is expected to benefit from maintenance activities delayed into spring. The analyst views the stock as a hold at current prices, anticipating a potential recovery as weather-related issues fade.