AutoZone (NYSE:AZO) Releases Earnings Results, Beats Expectations By $2.40 EPS

AutoZone (NYSE:AZO) posted its quarterly earnings data on Tuesday. The company reported $56.05 earnings per share for the quarter, topping the consensus estimate of $53.65 by $2.40, Zacks reports. AutoZone had a negative return on equity of 80.35% and a net margin of 12.40%.

AutoZone Stock Down 1.8%

AZO stock opened at $2,805.17 on Tuesday. The company has a market cap of $45.81 billion, a price-to-earnings ratio of 19.29, a P/E/G ratio of 1.43 and a beta of 0.34. AutoZone has a twelve month low of $2,796.85 and a twelve month high of $4,332.68. The business has a 50 day moving average price of $2,989.44 and a two-hundred day moving average price of $3,210.78.

AutoZone declared that its board has authorized a share buyback plan on Tuesday, June 16th that authorizes the company to repurchase $1.50 billion in shares. This repurchase authorization authorizes the company to purchase up to 3% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

Several research firms have commented on AZO. DA Davidson cut their target price on AutoZone from $4,300.00 to $3,750.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. Citigroup decreased their price target on shares of AutoZone from $3,700.00 to $3,450.00 and set a “buy” rating for the company in a research note on Monday, September 14th. Weiss Ratings downgraded shares of AutoZone from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, July 23rd. UBS Group reissued a “buy” rating on shares of AutoZone in a research report on Tuesday, September 15th. Finally, BNP Paribas Exane reduced their target price on shares of AutoZone from $4,478.00 to $3,979.00 and set an “outperform” rating for the company in a report on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $3,887.58.

Trending Headlines about AutoZone

Here are the key news stories impacting AutoZone this week:

• Positive Sentiment: AutoZone reported fourth-quarter diluted EPS of $56.05, exceeding analyst expectations by $2.16 and rising from $48.71 a year earlier. Operating profit increased 10.1% to approximately $1.3 billion. AutoZone GAAP EPS and revenue report
• Positive Sentiment: Fiscal-year sales rose 7.4% to $20.3 billion, while full-year diluted EPS increased 5.3% to $152.55. AutoZone also repurchased 223,000 shares for $697.5 million during the quarter, supporting per-share value. AutoZone fiscal 2026 results
• Positive Sentiment: The company continued expanding its store base, opening 175 locations in the quarter and ending fiscal 2026 with 8,031 stores. International same-store sales were particularly strong, increasing 10.7%. AutoZone fourth-quarter sales release
• Neutral Sentiment: Oppenheimer maintained a Buy view, and AutoZone was added to the Tuttle Capital Heavy Assets Low Obsolescence ETF during its latest rebalance. These developments may provide incremental institutional support but are secondary to the earnings results.
• Negative Sentiment: Fourth-quarter revenue of approximately $6.59 billion missed consensus by $110 million. Total-company same-store sales increased only 1.5% on a reported basis, while domestic same-store sales rose 1.6%, suggesting limited near-term sales momentum. AutoZone earnings snapshot

Insider Activity

In other news, VP Dennis LeRiche sold 1,455 shares of the stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $3,100.00, for a total value of $4,510,500.00. Following the completion of the sale, the vice president owned 441 shares of the company’s stock, valued at approximately $1,367,100. This represents a 76.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.60% of the stock is currently owned by corporate insiders.

AutoZone Company Profile

AutoZone, Inc is a retailer and distributor of automotive replacement parts, accessories, and maintenance products. The company serves do-it-yourself customers, professional service technicians, and commercial repair businesses through its stores, distribution network, and online platform.

Its product offerings include replacement parts such as batteries, brakes, engine components, and ignition products, along with tools, fluids, filters, and other automotive accessories. AutoZone also provides services such as parts lookup, diagnostic assistance, battery testing and charging, and loaner tools for eligible repairs.

Founded in 1979 and headquartered in Memphis, Tennessee, AutoZone operates primarily in the United States, with additional locations in Mexico and Brazil.