AutoZone reported record FY26 sales of $20.3 billion, diluted earnings per share of $152.55, and 374 global store openings. It targets approximately 400 openings in FY27 and 440 annually by FY28, with $2.0 billion in share repurchases.
AZO · Autozone Inc
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AutoZone, Inc. will hold its stockholders’ meeting December 16, 2026, at 8:00 a.m. Central Time in Memphis, TN. The Board recommends voting for director elections and ratification of Ernst & Young LLP for the 2027 fiscal year.
AutoZone reported fiscal 2026 net sales of $20.3 billion, up 7.4%, operating profit of $3.7 billion, diluted EPS of $152.55 and 8,031 stores; IEEPA refunds added $96.0 million to operating profit, while 6,443 domestic stores had commercial programs.
AutoZone announced Jamere Jackson resigned as Chief Financial Officer effective November 25, 2026, when he will become Chief Financial Officer of FedEx Corporation. J. Scott Murphy will serve as principal accounting officer and principal financial officer.
Metrics snapshot
Useful current figures from the complete screener profile.
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q3 FY26 earnings call · May 26, 2026TL;DR. AutoZone grew third-quarter sales 8.4% to $4.8 billion, with EPS up 7.7% to $38.07 and domestic commercial sales up 10.4%. A softer final two weeks (+1.3% comp) on cool weather, weak international constant-currency comps and a $20 million LIFO charge that cut EBIT and EPS growth were the main drags.
- + Total sales rose 8.4% to $4.8 billion, the largest increase in over three years new
- + Domestic commercial sales grew 10.4% and management expects the strength to continue new
- + EPS rose 7.7% to $38.07 versus $35.36 a year ago new
- + Excluding the LIFO effects, EBIT would have grown 11% and EPS 12.5%
- + SG&A leveraged 25 basis points on strong sales growth and expense management new
- − The last four-week period softened to a 2.9% domestic comp, with the final two weeks at just 1.3% on cool weather new
- − Gross margin fell 57 basis points to 52.2% on a 77 basis point LIFO impact
- − International constant-currency same-store sales rose only 1.6% amid a soft macro environment new
- − Domestic DIY traffic count declined 3.6% new
- − A $30 million LIFO charge is expected in Q4, cutting EPS by about $1.40 new
- − Adjusted after-tax ROIC declined to 36.3% from 43.5% new
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceBlended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders BuyIllustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Accounts payable/inventory | 111.1% | as of August 29, 2026 | — |
| Adjusted After-Tax ROIC non-GAAP | 35.8% | 52 Weeks Ended August 29, 2026 | — |
| Adjusted debt non-GAAP | $12.5B | 52 Weeks Ended August 29, 2026 | — |
| Adjusted debt to EBITDAR non-GAAP | 2.5 | 52 Weeks Ended August 29, 2026 | — |
| Average price per share (share repurchases) | $3,496 | 52 Weeks Ended August 29, 2026 | — |
| Capital spending | $1.5B | 52 Weeks Ended August 29, 2026 | — |
| Cash flow from operations | $3.3B | 52 Weeks Ended August 29, 2026 | — |
| Cumulative share repurchases ($ since fiscal 1998) | 40.54B | as of August 29, 2026 | — |
| Cumulative share repurchases (shares since fiscal 1998) | 156.21M | as of August 29, 2026 | — |
| Domestic commercial sales % Increase vs. LY | 10.6% | 52 Weeks Ended August 29, 2026 | — |
| Domestic Same Store Sales | 3.3% | 52 Weeks Ended August 29, 2026 | — |
| Domestic Same Store Sales (Constant Currency) | 3.3% | 52 Weeks Ended August 29, 2026 | — |
| EBITDAR non-GAAP | $5.04B | 52 Weeks Ended August 29, 2026 | — |
GAAP → non-GAAP reconciliationGAAP EBIT 3.72B
+684.27M Depreciation and amortization
+500.02M Rent expense
+136.8M Share-based expense
= EBITDAR 5.04B
|
|||
| International Same Store Sales | 13.5% | 52 Weeks Ended August 29, 2026 | — |
| International Same Store Sales (Constant Currency) | 2.2% | 52 Weeks Ended August 29, 2026 | — |
| Mega Hub stores opened | 16 | 16 Weeks Ended August 29, 2026 | — |
| New stores opened | 374 | 52 Weeks Ended August 29, 2026 | — |
| Remaining share repurchase authorization | $1.6B | As of August 29, 2026 | — |
| Sales per average square foot | $382 | 52 Weeks Ended August 29, 2026 | — |
| Sales per average store | 2.59M | 52 Weeks Ended August 29, 2026 | — |
| Share repurchase investment | $2B | 52 Weeks Ended August 29, 2026 | — |
| Share repurchases | 579K | 52 Weeks Ended August 29, 2026 | — |
| Shares outstanding, end of quarter | 16.17M | as of August 29, 2026 | — |
| Square footage | 54.66M | as of August 29, 2026 | — |
| Stores in Brazil | 167 | As of August 29, 2026 | — |
| Stores in Mexico | 1,001 | As of August 29, 2026 | — |
| Stores in the U.S. | 6,863 | As of August 29, 2026 | — |
| Stores opened in Brazil | 10 | 16 Weeks Ended August 29, 2026 | — |
| Stores opened in Mexico | 68 | 16 Weeks Ended August 29, 2026 | — |
| Stores opened in the U.S. | 97 | 16 Weeks Ended August 29, 2026 | — |
| Stores with commercial programs | 6,443 | 52 Weeks Ended August 29, 2026 | — |
| Total Company Same Store Sales | 4.5% | 52 Weeks Ended August 29, 2026 | — |
| Total Company Same Store Sales (Constant Currency) | 3.2% | 52 Weeks Ended August 29, 2026 | — |
| Total Company stores opened, net | 374 | 52 Weeks Ended August 29, 2026 | — |
| Total domestic commercial sales | 5.76B | 52 Weeks Ended August 29, 2026 | — |
| Total store count | 8,031 | As of August 29, 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Auto Parts — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
AZO
this stock
Autozone Inc
|
$53.52B | -1.9% | +7.4% | 21.8 | 3.6% |
|
ORLY
O Reilly Automotive Inc
|
$74.65B | +1.2% | +6.4% | 29.3 | 2.7% |
|
SMTOY
Sumitomo Electric Industries Ltd
|
$30.02B | — | — | — | 0.0% |
|
NGKSF
NGK Spark Plug Co., Ltd.
|
$20.13B | +18.4% | — | — | 0.7% |
|
FIGIF
Fuyao Glass Industry Group Co., Ltd.
|
$18.27B | — | — | — | 0.0% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionPerformance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| AZO | +5.4% | +16.8% | -1.6% | +4.9% | -1.9% |
| SPY | -0.7% | -1.3% | +2.5% | +1.5% | +12.5% |
| vs SPY | +6.1% | +18.2% | -4.1% | +3.4% | -14.4% |
Capital returns
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.