AutoZone Q4 profit beats estimates on store expansion
AZO•Quarterly results
AutoZone said quarterly sales rose 5.6% year over year but missed analyst expectations, while adjusted earnings per share beat estimates.
| Metric | Beat/Miss | Actual | Consensus Estimate |
|---|---|---|---|
| Q4 Sales | Miss | $6.59 bln | $6.72 bln (20 Analysts) |
| Q4 EPS | Beat | $56.05 | $54.44 (22 Analysts) |
| Q4 Like-For-Like Sales Growth | 1.50% |
Drivers of the quarter
The company said gross margin rose due to tariff refunds and a net non-cash LIFO impact.
AutoZone opened 175 new stores in the quarter, including 16 Mega Hub stores in the U.S. Domestic commercial sales grew 8.6% year over year, outpacing overall sales growth.
The company repurchased $697.5 million in shares during the quarter.
Outlook and analyst coverage
AutoZone expects sales growth in fiscal 2027 and said sales in all three countries are expected to accelerate in the new fiscal year.
The current average analyst rating on the shares is , with 23 or ratings, five ratings and no or ratings. The median 12-month price target is , about 35% above the September 21 closing price of .
