AutoZone, Inc. Q4 2026 Earnings Recap

AutoZone shares rose 3.3% after earnings. The company reported 5.6% total sales growth and 15.1% EPS growth, while domestic same-store sales were below management’s expectations, led by a 0.6% decline in DIY.

Key Takeaways

• Total company same-store sales increased 1.5% on a constant-currency basis; domestic comps grew 1.6%.
• Domestic commercial sales rose 8.6%, but DIY sales declined 0.6% as traffic weakness offset roughly 5% average-ticket growth.
• Management expects Q1 same-store sales to be relatively flat, with average-ticket growth around 5%.
• International same-store sales increased 1.3% on a constant-currency basis; reported comps were up 10.7%, helped by exchange rates.
• AutoZone opened 374 stores in FY 2026, a company record, and reported EPS growth of 15.1%; results also included a $96 million benefit from IEEPA tariff refunds.