Aug 2026 (Q4 FY26) — Sep 22, 2026
AutoZone Q4 FY26 — Strong Commercial Growth and Record Store Expansion Offset DIY Softness
Read the full callAutoZone (AZO) earnings
- May 2026
- Aug 2026 (Q4 FY26)
- Aug 2025
AutoZone earnings: last reported Tue, 22 Sep 2026, for the quarter ended Aug 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 4,841 | +8.4% YoY | Quarterly, as filed | Quarter to May 2026 | Revenue from operations as filed. |
| Operating margin | 19.1 | −0.3 pts YoY | Operating profit / revenue | Quarter to May 2026 | For the quarter; a change is in percentage points. |
| Net profit | 641 | +5.4% YoY | Quarterly, as filed | Quarter to May 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
26 of 32 judged targets kept · 26 open · verdicts reflect calls analysed to Aug 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Capital Expenditures | approximately $1.5 billion | Aug 2025 | This year, we invested approximately $1.5 billion in CapEx to drive our strategic growth priorities and expect to invest a similar amount in FY '27. | Achieved |
| International store openings | slightly more than 109 | Aug 2025 | Ghosted | |
| Annual store openings | 500 stores open annually | Nov 2025 | And as we are planning to open approximately 400 new stores in FY '27, we have decided to reduce the FY '28 target from roughly 500 stores to 430 as we do not expect to open as many international stores. | Revised Down |
6 of AUTOZONE INC's 58 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 55 more targets are in the full ledger.
Claimed
- Total sales grew +5.6% in Q4 FY26 to $6.6 billion.
- Earnings per share increased 15.1% to $56.05 in Q4 FY26.
- Domestic commercial sales grew +8.6% in Q4 FY26.
- Opened a record 374 new stores in FY26, including 39 Mega Hubs.
- Generated $684 million in free cash flow for Q4 FY26.
Qualified
- Domestic DIY same-store sales declined 0.6% in Q4 FY26 due to traffic declines.
- International same-store sales grew only 1.3% on a constant currency basis due to macro softness in Mexico.
- SG&A as a percentage of sales deleveraged 101 basis points in Q4 FY26.
- A LIFO charge of $15 million negatively impacted Q4 FY26 results.
Price
$3,097.88 −0.73% · −$22.71
Performance −23.1% 1Y
1Y: $4,030.17 on 17 Oct 2025 → $3,097.88. High $4,030.17 (17 Oct 2025), low $2,792.03 (2 Oct 2026).
- Previous close
- $3,120.59
- 52-week range
- $2,792.03 – $4,006.21
- One year
- −21.94%
Overview
- Symbol
- AZO
- Sector
- Consumer Discretionary
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
26 of 32 judged targets kept · 26 open · verdicts reflect calls analysed to Aug 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Capital Expenditures | approximately $1.5 billion | Aug 2025 | This year, we invested approximately $1.5 billion in CapEx to drive our strategic growth priorities and expect to invest a similar amount in FY '27. | Achieved |
| International store openings | slightly more than 109 | Aug 2025 | Ghosted | |
| Annual store openings | 500 stores open annually | Nov 2025 | And as we are planning to open approximately 400 new stores in FY '27, we have decided to reduce the FY '28 target from roughly 500 stores to 430 as we do not expect to open as many international stores. | Revised Down |
Claimed
- Total sales grew +5.6% in Q4 FY26 to $6.6 billion.
- Earnings per share increased 15.1% to $56.05 in Q4 FY26.
- Domestic commercial sales grew +8.6% in Q4 FY26.
- Opened a record 374 new stores in FY26, including 39 Mega Hubs.
- Generated $684 million in free cash flow for Q4 FY26.
Qualified
- Domestic DIY same-store sales declined 0.6% in Q4 FY26 due to traffic declines.
- International same-store sales grew only 1.3% on a constant currency basis due to macro softness in Mexico.
- SG&A as a percentage of sales deleveraged 101 basis points in Q4 FY26.
- A LIFO charge of $15 million negatively impacted Q4 FY26 results.
The full ledger
Open AUTOZONE INC’s full ledger
A free account opens 5 company ledgers a month. All 58 tracked commitments, with each call’s wording and source.
Call summaries
May 2026 (Q3 FY26) — May 26, 2026
AutoZone Q3 FY26 — 8.4% sales growth on commercial acceleration and record store openings
Read the full callFeb 2026 (Q2 FY26) — Mar 3, 2026
AutoZone, Inc. Q2 FY26 — Strong Sales Growth Despite Weather Headwinds and LIFO Charge
Read the full callNews
Latest news
From the news desk, item by item, hours after each call.
Every analysed call
AutoZone earnings calls (AZO)
Financials
What the filings say
Net profit, year on year: +5% (quarter to may 2026 against may 2025).
| Line item | Feb 2024 | May 2024 | Nov 2024 | Feb 2025 | May 2025 | Nov 2025 | Feb 2026 | May 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 3,859 | 4,235 | 4,280 | 3,952 | 4,464 | 4,629 | 4,274 | 4,841 |
| Operating profit | 743 | 900 | 841 | 707 | 866 | 784 | 698 | 924 |
| Operating margin | 19.3% | 21.3% | 19.6% | 17.9% | 19.4% | 16.9% | 16.3% | 19.1% |
| Profit before tax | 641 | 796 | 734 | 598 | 755 | 678 | 591 | 813 |
| Tax rate | 19.6% | 18.1% | 23.0% | 18.4% | 19.4% | 21.7% | 20.7% | 21.1% |
| Net profit | 515 | 652 | 565 | 488 | 608 | 531 | 469 | 641 |
| EPS ($ per share) | 29.74 | 37.73 | 33.40 | 29.06 | 36.33 | 31.88 | 28.29 | 38.95 |
| Line item | Aug 2018 | Aug 2019 | Aug 2020 | Aug 2021 | Aug 2022 | Aug 2023 | Aug 2024 | Aug 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | -1,209 | -1,305 | -1,451 | -420 | -1,330 | -2,959 | -4,425 | -3,976 |
| Total liabilities | 10,874 | 11,610 | 15,302 | 16,314 | 18,814 | 20,336 | 21,926 | 22,770 |
| Fixed assets | 4,218 | 4,399 | 4,509 | 4,857 | 5,170 | 5,597 | 6,184 | 7,063 |
| Total assets | 9,347 | 9,896 | 14,424 | 14,516 | 15,275 | 15,986 | 17,177 | 19,355 |
| Line item | Aug 2018 | Aug 2019 | Aug 2020 | Aug 2021 | Aug 2022 | Aug 2023 | Aug 2024 | Aug 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 2,080 | 2,129 | 2,720 | 3,519 | 3,211 | 2,941 | 3,004 | 3,117 |
| Cash from investing | -522 | -492 | -498 | -602 | -648 | -876 | -1,287 | -1,400 |
| Cash from financing | -1,632 | -1,674 | -644 | -3,500 | -3,470 | -2,060 | -1,684 | -1,747 |
| Net cash flow | -75 | -42 | 1,575 | -579 | -907 | 13 | 21 | -26 |
| Capital expenditure | -522 | -496 | -458 | -622 | -672 | -797 | -1,073 | -1,327 |
| Free cash flow | 1,559 | 1,632 | 2,262 | 2,897 | 2,539 | 2,144 | 1,931 | 1,790 |
AZO revenue by segment
| Segment | FY2024 | FY2024 | FY2025 | FY2025 | FY2025 | FY2026 | FY2026 | FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Auto Parts Locations | — | — | — | — | — | 100% | 100% | 100% | — |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
AZO operating KPIs by quarter
| KPI | May 2025 Q3 FY25 | Aug 2025 Q4 FY25 | Nov 2025 Q1 FY26 | Feb 2026 Q2 FY26 | May 2026 Q3 FY26 | Aug 2026 Q4 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|---|---|
| Employees | 125K+I want to thank our more than 125,000 AutoZoners across the entire company for their commitment to delivering on our pledge to always put customers first.Source: earnings call transcript | 130K+To start out this morning, I want to thank our more than 130,000 AutoZoners across the entire company for their commitment to delivering on the first line of our pledge.Source: earnings call transcript | 130K+To start out this morning, I want to thank our more than 130,000 AutoZoners across the company for their commitment to delivering on our pledge to always put customers first.Source: earnings call transcript | — | 130K+To start out this morning, I want to thank our more than 130,000 incredible AutoZoners across the company for their commitment to delivering on the first line of our pledge, which is to always put customers first.Source: earnings call transcript | 130K+To start out this morning, I want to thank our more than 130,000 AutoZoners across the company for continuing their relentless commitment to delivering on our pledge to always put customers first.Source: earnings call transcript | — |
| New stores opened International | 30In Mexico and Brazil, we opened a total of 30 new stores in the quarter and now have 979 international stores.Source: earnings call transcript | 51For the quarter, we opened a total of 90 net domestic stores and 51 stores in our international markets.Source: earnings call transcript | 14As I said earlier, we opened a total of 39 net domestic stores and 14 stores in our international markets, and we remain committed to more aggressively opening satellite stores, Hub and Mega-Hub stores.Source: earnings call transcript | — | — | — | -72.5% |
| Stores International | 979In Mexico and Brazil, we opened a total of 30 new stores in the quarter and now have 979 international stores.Source: earnings call transcript | 1,030In Mexico and Brazil, we opened a total of 51 new stores in the quarter and now have 1,030 International stores.Source: earnings call transcript | 1,044Across Mexico and Brazil, we now have 1,044 international stores.Source: earnings call transcript | 1,065Across Mexico and Brazil, we now have 1,065 international stores.Source: earnings call transcript | 1,090Across Mexico and Brazil, we now have 1,090 international stores.Source: earnings call transcript | 1,168In Brazil, we now have 167 stores, bringing our total international store count to 1,168.Source: earnings call transcript | +7.2% |
| Stores Mega-Hub | 119We opened 8 MegaHubs and finished the third quarter with 119 MegaHub stores.Source: earnings call transcript | 133We opened 14 Mega-Hubs and finished the fourth quarter with 133 Mega-Hubs stores.Source: earnings call transcript | 137We opened 4 Mega-Hubs and finished the quarter with 137 Mega-Hub stores.Source: earnings call transcript | 142We opened 5 Mega-Hubs and finished the quarter with 142 Mega-Hub stores.Source: earnings call transcript | 156We opened 14 Mega-Hubs in the quarter, and we now have 156 Mega-Hub stores.Source: earnings call transcript | 172We opened 16 Mega Hubs in the quarter, 39% for the year and now have 172 Mega Hub stores.Source: earnings call transcript | +10.3% |
| New stores opened Mexico | 25During the quarter, we opened 25 new stores in Mexico to finish with 838 stores and 5 new stores in Brazil, ending with 141.Source: earnings call transcript | 45During the quarter, we opened 45 new stores in Mexico to finish with 883 stores and 6 new stores in Brazil, ending with 147.Source: earnings call transcript | 12During the quarter, we opened 12 new stores in Mexico to finish with 895 stores and 2 new stores in Brazil, ending with 149 stores.Source: earnings call transcript | 18During the quarter, we opened 18 new stores in Mexico to finish with 913 stores and 3 new stores in Brazil, ending with 152.Source: earnings call transcript | 20During the quarter, we opened 20 new stores in Mexico to finish with 933 stores and 5 new stores in Brazil, ending with 157.Source: earnings call transcript | 68During the quarter, we opened 68 new stores in Mexico to finish with 1,001 stores and 10 new stores in Brazil, ending with 167.Source: earnings call transcript | +240% |
| Stores Mexico | 838During the quarter, we opened 25 new stores in Mexico to finish with 838 stores and 5 new stores in Brazil, ending with 141.Source: earnings call transcript | 883During the quarter, we opened 45 new stores in Mexico to finish with 883 stores and 6 new stores in Brazil, ending with 147.Source: earnings call transcript | 895We finished the quarter with 6,666 US stores, 895 Mexico stores and 147 Brazil stores.Source: earnings call transcript | 913We opened 64 stores globally this past quarter versus 45 in last year's second quarter to finish with 6,709 US stores, 913 Mexico stores and 152 Brazil stores.Source: earnings call transcript | 933We opened 82 stores globally this past quarter to finish with 6,766 US stores, 933 Mexico stores and 157 Brazil stores.Source: earnings call transcript | 1,001This past quarter, we celebrated the opening of our 1,000th store in Mexico and finished the quarter with 1,001 locations.Source: earnings call transcript | +7.3% |
| New stores opened Brazil | 5During the quarter, we opened 25 new stores in Mexico to finish with 838 stores and 5 new stores in Brazil, ending with 141.Source: earnings call transcript | 6During the quarter, we opened 45 new stores in Mexico to finish with 883 stores and 6 new stores in Brazil, ending with 147.Source: earnings call transcript | 2During the quarter, we opened 12 new stores in Mexico to finish with 895 stores and 2 new stores in Brazil, ending with 149 stores.Source: earnings call transcript | 3During the quarter, we opened 18 new stores in Mexico to finish with 913 stores and 3 new stores in Brazil, ending with 152.Source: earnings call transcript | 5During the quarter, we opened 20 new stores in Mexico to finish with 933 stores and 5 new stores in Brazil, ending with 157.Source: earnings call transcript | 10During the quarter, we opened 68 new stores in Mexico to finish with 1,001 stores and 10 new stores in Brazil, ending with 167.Source: earnings call transcript | +100% |
| Stores Brazil | 141During the quarter, we opened 25 new stores in Mexico to finish with 838 stores and 5 new stores in Brazil, ending with 141.Source: earnings call transcript | 147During the quarter, we opened 45 new stores in Mexico to finish with 883 stores and 6 new stores in Brazil, ending with 147.Source: earnings call transcript | 147We finished the quarter with 6,666 US stores, 895 Mexico stores and 147 Brazil stores.Source: earnings call transcript | 152We opened 64 stores globally this past quarter versus 45 in last year's second quarter to finish with 6,709 US stores, 913 Mexico stores and 152 Brazil stores.Source: earnings call transcript | 157We opened 82 stores globally this past quarter to finish with 6,766 US stores, 933 Mexico stores and 157 Brazil stores.Source: earnings call transcript | 167In Brazil, we now have 167 stores, bringing our total international store count to 1,168.Source: earnings call transcript | +6.4% |
| Stores US | — | — | 6,666We finished the quarter with 6,666 US stores, 895 Mexico stores and 147 Brazil stores.Source: earnings call transcript | 6,709We opened 64 stores globally this past quarter versus 45 in last year's second quarter to finish with 6,709 US stores, 913 Mexico stores and 152 Brazil stores.Source: earnings call transcript | 6,766We opened 82 stores globally this past quarter to finish with 6,766 US stores, 933 Mexico stores and 157 Brazil stores.Source: earnings call transcript | — | +0.8% |
| New stores opened | — | — | 53We opened 53 stores globally this past quarter versus 34 in last year's first quarter.Source: earnings call transcript | 64We opened 64 stores globally this past quarter versus 45 in last year's second quarter to finish with 6,709 US stores, 913 Mexico stores and 152 Brazil stores.Source: earnings call transcript | 82We opened 82 stores globally this past quarter to finish with 6,766 US stores, 933 Mexico stores and 157 Brazil stores.Source: earnings call transcript | 175Finally, we opened 175 new stores this quarter.Source: earnings call transcript | +113.4% |
| New stores opened Mega-Hub | — | — | 4We opened 4 Mega-Hubs and finished the quarter with 137 Mega-Hub stores.Source: earnings call transcript | 5We opened 5 Mega-Hubs and finished the quarter with 142 Mega-Hub stores.Source: earnings call transcript | 14We opened 14 Mega-Hubs in the quarter, and we now have 156 Mega-Hub stores.Source: earnings call transcript | 16We opened 16 Mega Hubs in the quarter, 39% for the year and now have 172 Mega Hub stores.Source: earnings call transcript | +14.3% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Insider filings
56 filings between Oct 27, 2025 and Sep 25, 2026.
Open market
decisions to buy or sellPurchases
$1.67M
4 purchases by 3 insiders
Sales
$40.00M
8 sales by 5 insiders
13% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 34
- Award — granted as compensation
- 6
- Option exercise — converted options into shares
Also filed: 4 gifts.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Smith Richard Craig | — | $33.03M | Jan 23, 2026 |
| LeRiche Dennis W. | — | $4.51M | Aug 7, 2026 |
| Borninkhof K. Michelle | — | $1.13M | Oct 27, 2025 |
| GRAVES EARL G JR | — | $997.7K | Apr 10, 2026 |
| Hannasch Brian | $991.6K | — | May 29, 2026 |
| GEORGE MICHAEL A | $492.7K | — | Dec 22, 2025 |
| MRKONIC GEORGE R JR | — | $323.5K | Jan 2, 2026 |
| JACKSON JAMERE | $187.7K | — | Dec 10, 2025 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 25, 2026 | Daniele Philip B. President & CEO | Option exercise | 250 | $146.8K |
| Aug 28, 2026 | Jaycox Kenneth E SVP Commercial | Award | 1,688 | $5.00M |
| Aug 7, 2026 | LeRiche Dennis W. Sr. Vice President | Sale | 1,455 | $4.51M |
| Aug 7, 2026 | LeRiche Dennis W. Sr. Vice President | Option exercise | 1,455 | $1.54M |
| Jul 13, 2026 | McCullough Mary Denise SVP Supply Chain | Gift | 1 | $0 |
| May 29, 2026 | Hannasch Brian Director | Purchase | 165 | $492.9K |
| Apr 10, 2026 | GRAVES EARL G JR Director | Sale | 50 | $173.9K |
| Mar 31, 2026 | Daniele Philip B. President & CEO | Award | 2 | $0 |
| Mar 31, 2026 | BEDSOLE JENNA M. Sr. Vice President | Award | 1 | $0 |
| Mar 31, 2026 | Jaycox Kenneth E SVP Commercial | Award | 1 | $3.4K |
| Mar 31, 2026 | JACKSON JAMERE CFO | Award | 1 | $3.4K |
| Mar 31, 2026 | Murphy John Scott Vice President, Controller | Award | 4 | $13.5K |
| Mar 31, 2026 | Daniele Philip B. President & CEO | Award | 10 | $33.8K |
| Mar 31, 2026 | BEDSOLE JENNA M. Sr. Vice President | Award | 4 | $13.5K |
| Mar 31, 2026 | Murphy John Scott Vice President, Controller | Award | 1 | $0 |
| Mar 31, 2026 | Borninkhof K. Michelle Senior Vice President & CIO | Award | 1 | $0 |
| Mar 31, 2026 | Borninkhof K. Michelle Senior Vice President & CIO | Award | 3 | $10.1K |
| Jan 23, 2026 | Smith Richard Craig Sr. Vice President | Sale | 5,910 | $21.87M |
| Jan 23, 2026 | Smith Richard Craig Sr. Vice President | Option exercise | 5,910 | $3.47M |
| Jan 16, 2026 | Smith Richard Craig Sr. Vice President | Sale | 3,190 | $11.16M |
| Jan 16, 2026 | Smith Richard Craig Sr. Vice President | Option exercise | 3,190 | $2.38M |
| Jan 2, 2026 | MRKONIC GEORGE R JR Director | Sale | 1 | $2.7K |
| Jan 2, 2026 | MRKONIC GEORGE R JR Director | Sale | 96 | $320.8K |
| Jan 2, 2026 | GRAVES EARL G JR Director | Sale | 250 | $823.8K |
| Jan 1, 2026 | RHODES WILLIAM C III Chairman | Award | 156 | $0 |
| Jan 1, 2026 | SOLTAU JILL A. Director | Award | 83 | $0 |
| Jan 1, 2026 | GOODSPEED LINDA Director | Award | 91 | $0 |
| Jan 1, 2026 | KING GALE V. Director | Award | 83 | $0 |
| Jan 1, 2026 | McDonough Claire Director | Award | 87 | $0 |
| Jan 1, 2026 | MRKONIC GEORGE R JR Director | Award | 94 | $0 |
| Jan 1, 2026 | GRAVES EARL G JR Director | Award | 88 | $0 |
| Jan 1, 2026 | GEORGE MICHAEL A Director | Award | 87 | $0 |
| Jan 1, 2026 | Montesinos Constantino Spas Director | Award | 87 | $0 |
| Jan 1, 2026 | Hannasch Brian Director | Award | 93 | $0 |
| Dec 31, 2025 | Borninkhof K. Michelle Senior Vice President & CIO | Award | 1 | $0 |
| Dec 31, 2025 | Borninkhof K. Michelle Senior Vice President & CIO | Award | 3 | $10.2K |
| Dec 31, 2025 | BEDSOLE JENNA M. Sr. Vice President | Award | 1 | $0 |
| Dec 31, 2025 | BEDSOLE JENNA M. Sr. Vice President | Award | 4 | $13.6K |
| Dec 31, 2025 | Murphy John Scott Vice President, Controller | Award | 1 | $0 |
| Dec 31, 2025 | Daniele Philip B. President & CEO | Award | 13 | $44.1K |
| Dec 31, 2025 | Murphy John Scott Vice President, Controller | Award | 5 | $17.0K |
| Dec 31, 2025 | LeRiche Dennis W. Sr. Vice President | Award | 1 | $0 |
| Dec 31, 2025 | LeRiche Dennis W. Sr. Vice President | Award | 3 | $10.2K |
| Dec 31, 2025 | Jaycox Kenneth E SVP Commercial | Award | 1 | $0 |
| Dec 31, 2025 | Jaycox Kenneth E SVP Commercial | Award | 2 | $6.8K |
| Dec 31, 2025 | JACKSON JAMERE CFO | Award | 2 | $6.8K |
| Dec 31, 2025 | Daniele Philip B. President & CEO | Award | 2 | $0 |
| Dec 22, 2025 | Newbern Thomas B COO | Gift | 44 | $0 |
| Dec 22, 2025 | GEORGE MICHAEL A Director | Purchase | 145 | $492.7K |
| Dec 18, 2025 | Hannasch Brian Director | Purchase | 147 | $498.8K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Start an Inve Case for AUTOZONE INC
Free account. Everything above stays public.
Write why you follow AUTOZONE INC and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other companies in Consumer Discretionary
Nearest to AutoZone by market cap among the sector's top 20 companies at Q2 2026.