AutoZone Q3 FY2026: revenue up 8.4%, EPS $38.07, margin slips 57 bps
AutoZone's fiscal 2026 third quarter was a solid operating quarter: revenue grew 8.4% to $4.84 billion and diluted EPS rose to $38.07 from $35.36. What keeps it short of flawless is a 57 basis point gross margin decline, mostly a non-cash LIFO charge. Read the sales and expense lines first; the margin line explains the rest.
1 · Expected vs. Actual
Free preview belowDiluted EPS was $38.07 versus $35.36 a year ago, about 7.7% higher, on net income of $641.5 million. Operating profit rose 6.6% to $923.8 million while operating expenses fell to 33.1% of sales from 33.3%. Share count keeps shrinking: diluted shares were 16,852 thousand versus 17,207 thousand, helped by $586.3 million of buybacks in the quarter.
Net sales rose 8.4% to $4.84 billion, with domestic same store sales up 4.1% and total company comps up 5.5% (3.9% in constant currency). Domestic Commercial, the only segment disclosed this quarter, grew 10.4% to $1.40 billion. International comps look spectacular at 16.6% as reported, but only 1.6% in constant currency, so currency did most of that work.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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