Quarterly ResultMay 26, 2026, 06:57 AM
AutoZone Q3 Net Sales $4.8B, up 8.4%; EPS $38.07
AI Summary
AutoZone, Inc. reported strong financial results for its third quarter ended May 9, 2026, with net sales increasing 8.4% to $4.8 billion and diluted earnings per share rising to $38.07. The company achieved a 5.5% increase in total company same store sales, driven by robust domestic performance in both DIY and Commercial segments. AutoZone continued its growth strategy by opening 82 new stores globally and repurchased $586.3 million of its common stock.
Key Highlights
- Net sales increased 8.4% to $4.8 billion for Q3 FY2026.
- Diluted earnings per share rose to $38.07 from $35.36 in the prior year.
- Net income for the quarter was $641.5 million, up from $608.4 million last year.
- Total Company same store sales grew 5.5%, with domestic same store sales up 4.1%.
- AutoZone repurchased $586.3 million of common stock, with $0.8 billion remaining.
- Gross profit as a percentage of sales was 52.2%, a decrease of 57 basis points.
- The company opened 82 new stores globally, including 57 in the U.S. and 20 in Mexico.
- Domestic Commercial sales increased 10.4% to $1,402.7 million.
Price Impact
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