Quarterly ResultJun 12, 2026, 04:43 PM
AutoZone Q3 Net Sales +8.4% to $4.84B; Diluted EPS $38.07
AI Summary
AutoZone Inc. reported a strong third quarter with net sales increasing by 8.4% to $4.84 billion and diluted earnings per share rising by 7.7% to $38.07. For the thirty-six weeks ended May 9, 2026, net sales grew by 8.3% to $13.74 billion, while net income saw a slight decrease. The company continued its share repurchase program, buying back $1.3 billion of common stock year-to-date and repaid $400 million in senior notes.
Key Highlights
- Q3 net sales increased 8.4% to $4.84 billion from $4.46 billion year-over-year.
- Q3 diluted earnings per share rose 7.7% to $38.07 from $35.36 year-over-year.
- Net income for Q3 increased 5.4% to $641.5 million from $608.4 million year-over-year.
- Year-to-date net sales grew 8.3% to $13.74 billion from $12.70 billion.
- Repurchased $1.3 billion of common stock during the thirty-six-week period.
- $0.8 billion remained under the share repurchase authorization as of May 9, 2026.
- Repaid $400 million of 3.125% Senior Notes due April 2026.
- Cash and cash equivalents were $253.7 million as of May 9, 2026.
Price Impact
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