AutoZone Surprises Wall Street with Earnings: EPS Jumps 15%, but Weaker Sales Reveal Pressure on Customers
AutoZone closed fiscal year 2026 with results that appear very strong at first glance. Fourth-quarter revenue rose 5.6% year-over-year to $6.59 billion, net income increased to $931.6 million, and earnings per share reached $56.05, approximately 15% higher than a year ago and above Wall Street expectations. Beneath the surface, however, a weakness remains. Comparable sales growth fell short of forecasts, and American DIY car repairers continue to curb their purchases.1