AutoZone, Inc. (AZO) FY2026 earnings

Reported results

• Fiscal year 2026 GAAP net sales increased 7.4% to $20.3 billion; GAAP net income increased 3.0% to $2.6 billion; GAAP diluted EPS increased 5.3% to $152.55 from $144.87
• 4th quarter GAAP net sales increased 5.6% to $6.6 billion; GAAP net income was $931.6 million compared to $837.0 million; GAAP diluted EPS was $56.05 compared to $48.71
• Total company same store sales (constant currency) increased 1.5% for the 4th quarter and 3.2% for the full year; domestic same store sales increased 1.6% for the 4th quarter and 3.3% for the full year
• 4th quarter gross profit as a percentage of sales was 53.3%, an increase of 182 basis points versus prior year, driven by 145 basis point impact from tariff refunds and 105 basis point net non-cash LIFO impact
• GAAP operating profit increased 10.1% to $1.3 billion in the 4th quarter and increased 3.1% to $3.7 billion for the full year
• Company opened 175 stores in the 4th quarter (97 U.S., 68 Mexico, 10 Brazil) and 374 stores for the full year; total store count reached 8,031 as of August 29, 2026

Notes

The release presents both GAAP and non-GAAP measures. Non-GAAP measures include adjusted debt to EBITDAR ratio (2.5x for both fiscal 2026 and 2025) and adjusted after-tax ROIC (35.8% for fiscal 2026 vs. 41.3% for fiscal 2025). The company repurchased 579 thousand shares for $2.0 billion during fiscal 2026 and had $1.6 billion remaining under its share repurchase authorization. Same store sales figures are presented both in constant currency and reported currency.

Price and volatility reaction

The stock moved +3.3% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -12.2 vol points across the event (constant-maturity series — not the front-week crush).

Source

The figures above come from the earnings release the company filed with the SEC on 2026-09-22 (8-K, Item 2.02). Read the original filing on sec.gov.