AutoZone Reports Increased Fourth-Quarter Profit with Sales Reaching $6.6 Billion
AutoZone Inc (NYSE:AZO) reported a rise in fourth-quarter net sales to $6.6 billion, reflecting a year-over-year increase of 5.6%. The company's diluted earnings per share climbed from $48.71 to $56.05 during the same period, while annual net income rose by nearly 12% to $931.6 million. AutoZone also opened new stores and repurchased shares under its buyback program. For fiscal year 2026 as a whole, sales reached $20.3 billion with an increase of 7.4%, while annual diluted earnings per share rose by 5.3% to $152.55. The company's operating profit increased significantly due in part to tariff refunds and LIFO benefits. CEO Phil Daniele noted improved sales performance during the final eight weeks of the quarter, with expectations for continued growth across all three countries where AutoZone operates.
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