UPDATE 2-AutoZone profit rises, but shares decline


* Q3 EPS $3.13/shr vs est $2.89/shr * Q3 sales up 9 pct * Shares down 2.2 pct (New throughout) BOSTON, May 27 (Reuters) - AutoZone Inc reported a 9 percent rise in profit that beat consensus estimates as a slumping economy led more Americans to repair their existing cars instead of buying new ones. Shares of the largest U.S. auto parts retailer fell 2.2 percent in premarket trading on Wednesday, with analysts noting that investors expected more from the company after a string of ...

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