AutoZone Reports Q4 and FY2026 Earnings: Q4 EPS Reaches $56.05 on $6.6B in Net Sales

Executive Summary

On September 22, 2026, AutoZone, Inc. (NYSE: AZO) filed Form 8-K under Item 2.02 disclosing its financial results for the fourth quarter (16 weeks) and fiscal year (52 weeks) ended August 29, 2026.

Key Financial Highlights

Fourth Quarter FY2026 (16 Weeks ended August 29, 2026)

• Net Sales: $6.59 billion, an increase of 5.6% compared to $6.24 billion in Q4 FY2025.
• Same Store Sales:
  • Domestic: +1.6% (both reported and constant currency).
  • International: +10.7% reported (+1.3% constant currency).
  • Total Company: +2.7% reported (+1.5% constant currency).
• Gross Margin: Gross profit represented 53.3% of sales, expanding 182 bps YoY, driven by tariff refunds (+145 bps) and net non-cash LIFO impacts (+105 bps), offset in part by higher commercial mix.
• Operating Profit: Increased 10.1% to $1.32 billion from $1.20 billion in the prior-year period.
• Net Income & EPS: Net income totaled $931.6 million ($56.05 diluted EPS), up 11.3% from $837.0 million ($48.71 diluted EPS).

Full Fiscal Year 2026 (52 Weeks ended August 29, 2026)

• Net Sales: $20.34 billion, rising 7.4% from $18.94 billion in FY2025.
• Operating Profit: Rose 3.1% to $3.72 billion compared to $3.61 billion in FY2025.
• Net Income & EPS: Net income increased 3.0% to $2.57 billion ($152.55 diluted EPS), compared to $2.50 billion ($144.87 diluted EPS).

Capital Allocation & Store Footprint

• Share Repurchases: Repurchased 223,000 shares in Q4 for $697.5 million (average price of $3,125/share). For the full year, AutoZone repurchased 579,000 shares for $2.0 billion ($3,496/share average), leaving $1.6 billion remaining under its authorization.
• Store Openings: Opened 175 stores during Q4 (97 in the U.S., 68 in Mexico, 10 in Brazil), ending the fiscal year with 8,031 total stores across the Americas.