AutoZone, Inc. AZO

AutoZone (AZO) proj domestic same-store sales flat to up low single digits in fiscal 2027, driven mainly by a ~4% rise in average ticket rather than more shoppers. DIY customers are buying less often; in Q4 2026 DIY transactions fell while the DIY average ticket rose about 5%, keeping DIY same-store sales down 0.6%. The company notes some deferred purchases and a pullback among financially stressed DIY customers; the DIY weakness offset by continued growth in domestic commercial (do-it-for-me) sales, which made up 29% of revenue in Q4. Almost all sales come from Auto Parts Stores (about 95% in the past year), with trailing 12-month operating margin at 18.0%, down from 19.6% and 21% in prior periods, tightening room for price-increase fallout. Management expects DIY shoppers to recover post-inflation, with Q1 FY2027 sales expected flat and ticket growth around 5%; timing remains uncertain. DIY traffic weakness and margin compression mean higher-ticket growth must sustain revenue, and the timing of DIY-recovery remains uncertain.

AutoZone posted a strong Q4 with 5.6% sales growth, 1.5% same-store sales, and Q4 EPS up 17.5% (FY EPS +5.3%). Operating cash flow rose 19.5% to $1.183B; free cash flow climbed 33.8% to $684M, equal to 10.37% of Q4 revenue (vs 8.19% a year ago). FY2026 FCF was about $1.806B on $20.339B in revenue (FCF margin 8.88%). Analysts forecast revenue of $21.84B in 2027 and $23.39B in 2028, implying FCF of roughly $1.92B and $2.06B and a 3.5% FCF yield, with FMV around $54.9B–$58.9B. Today’s market cap is about $46.16B. Price targets average in the low-to-mid $3,700s (Yahoo 3,715.70; Barchart 3,708.23), with implied upside around 28%–32% depending on multiple assumptions. Strong FCF growth and favorable valuation outlook imply meaningful upside.

StockStory names AutoZone (AZO) as the lone 'One Stock to Buy' after a -5.4% one-month drop, citing rapid store expansion into underpenetrated markets, 3.4% same-store sales growth over two years, and an 18.7% operating margin. AZO trades near $2,865 with about 16.8x forward P/E, and a free deep-dive report is offered. The piece also lists two stocks to sell: Textron (TXT) with a -7.3% month, driven by a large revenue base, slower five-year growth (4.2%), modest forward growth (3.8%), and a fading free cash flow margin; and Fiserv (FISV) with a -12.5% month, lagging sales growth (2.5%), declining EPS, and a low ROE, trading around 6.2x forward P/E. Expansion-driven growth and strong margins provide a moderate positive impact on AZO's outlook.

AutoZone, Inc. posted a record fourth quarter 2026 with sales of $6,594.88 million, net income of $931.59 million, and diluted EPS of $56.05, all up from a year earlier. Annual sales surpassed $20 billion, the company opened a record 374 stores, bringing total locations to 8,031 globally. The boost came from a robust commercial parts and service business, while DIY demand softened. Management highlighted commercial momentum as the near-term driver, though higher SG&A and ongoing capital investments, tariffs, and inflation pose margin risks. The result reinforces the growth narrative tied to store expansion and supply-chain investments, but investors must weigh potential profitability pressure if store productivity and DIY demand do not keep pace. AutoZone also projects revenue of about $24.9 billion and earnings of $3.3 billion by 2029, per forecasts. Record Q4 results and aggressive store expansion improve top-line growth but raise costs and capex risk that could materially press margins.

AutoZone reported fiscal 2026 sales of $20.3 billion, up 7.4%, and Q4 EPS of $56.05, up 15.1%. Domestic same-store sales grew 1.6% in the final 16 weeks, down from 3.3% for the year. Inflation shows maintenance and repair costs rising about 5.2% year over year, suggesting drivers spend more on upkeep as cars age. Domestic commercial sales rose 8.6% in Q4 to $1.91 billion, with year-to-date commercial up 10.6% to $5.76 billion; commercial programs were present in 94% of U.S. locations. AutoZone opened 175 stores in the quarter, bringing total to 8,031, and expanded Mega Hub hubs to speed parts access. Inventory climbed 10.1% to $7.74 billion, with per-store inventory up 5%. The result is two narratives: robust annual growth and stock buybacks, but a cautious consumer and aging fleet shape the near-term outlook. Balanced growth in commercial channels and expansion strategy contrast with softer domestic DIY demand amid an aging vehicle fleet and higher maintenance costs.

AutoZone warned that customers are cutting back on necessary vehicle maintenance as inflation pressures persist. CFO Jamere Jackson said the DIY market is aging, with a weaker new/used car sales backdrop, leading to softer transactions. CEO Phil Daniele noted some items are discretionary, but deferred maintenance can make a car undrivable or unsafe over time. The discussion highlights broader consequences of delaying upkeep, with Consumer Reports cautioning that deferral can increase repair costs and harm fuel economy, and AAA warning that safety-related inspections (brakes, exhaust leaks, tire health) impact others on the road. The piece links the spending slowdown to near-term headwinds for AutoZone, while suggesting a recovery in maintenance spending could follow as conditions normalize. Near-term demand could soften as customers defer maintenance, but the trend is expected to recover, limiting downside.

AutoZone reported fiscal Q4 2026 EPS of $56.05, up 15.1% year over year and beating the Zacks consensus of $54.54 by 2.8%. Net sales rose 5.6% to $6.60 billion but were below the consensus $6.69 billion. Gross margin expanded 182 basis points to 53.3%, aided by tariff refunds (145 bps) and a favorable net LIFO impact (105 bps), though offset by a higher commercial mix; a $15 million LIFO charge weighed on results versus $80 million a year earlier. Operating expenses rose to 33.4% of sales, with deleveraging from growth initiatives; operating profit climbed 10.1% to $1.32 billion and net income rose 11.3% to $931.59 million, lifting operating margin to 20%. Domestic same-store sales rose 1.6%; international SSS advanced 10.7% on a reported basis (1.3% constant currency), for total SSS of 2.7%. AutoZone opened 175 stores, lifting total count to 8,031. Management expects 2027 sales acceleration in the US, Mexico and Brazil. Margin expansion and growth momentum from store openings and international markets imply meaningful upside to profitability and market position.

AutoZone reported Q4 results for the 16 weeks ended August 29, 2026, delivering stronger-than-expected profits and a 3.26% intraday gain. Net sales rose 5.6% to $6.6 billion; operating profit grew 10.1% to $1.3 billion; net income was $931.6 million and diluted EPS rose to $56.05 from $48.71. Gross margin climbed to 53.3%, aided by a 145-basis-point tariff-refund benefit and a 105-basis-point net non-cash LIFO benefit, offset by a higher commercial mix. The company opened 175 stores in the quarter (including 16 Mega Hub locations), bringing total stores to 8,031 (US 6,863; Mexico 1,001; Brazil 167). Management remains constructive on fiscal 2027 amid renewed sales momentum and an outlook for growth despite macro headwinds. Hedge funds trimmed holdings slightly; short interest at 2.99%. Analysts remain positive, with a Buy consensus and a median target around $3,914.50, implying meaningful upside. Strong earnings, margin expansion, and aggressive store expansion support a meaningful growth trajectory for AZO.

AutoZone shares appear to be bottoming after a quarter showing positive comps, solid margins, and nearly 15% EPS growth aided by buybacks. Management cited a brighter outlook and robust cash flow, with store expansion in fiscal 2026, higher inventory to drive sales, and a 2.2% drop in share count. Analysts remain bullish: MarketBeat tracks 27 ratings with no Sells and a Moderate Buy consensus, signaling more than 30% upside from late-September lows. Yet consumer headwinds persist and the EV shift could dampen aftermarket parts demand. AutoZone emphasizes capital returns, with buybacks likely to accelerate as stock prices stay attractive and institutions accumulate during dips. The stock has formed a descending wedge with oversold conditions; targets have moderated, but upside hinges on continued earnings momentum. Improving earnings, strong cash flow, and aggressive buybacks combined with a bullish analyst stance point to a material upside despite headwinds.

AutoZone posted a mixed Q4: revenue up 5.6% to $6.59B, vs. consensus $6.70B; same-store sales up 1.5% (constant currency). Adjusted EPS rose 15.1% to $56.05, topping estimates of $53.84, aided by roughly $100M in tariff refunds that lifted gross margin by about 145 bps. Share repurchases continued, reducing shares outstanding by 3.3% over the year. The company did not issue formal guidance; it expects Q1 SSS to be roughly flat with higher oil prices weighing on traffic, but average ticket up about 5%. For fiscal 2027, gross margins are seen flat to up 25 bps; AutoZone opened 374 stores in 2026, bringing total to over 8,000 worldwide (two-thirds in the U.S.). It plans roughly 400 openings in 2027 and 430 in 2028, with growth likely moderating after 2028; ROIC is targeted to the mid-30s long term. Near-term sales growth may be modest due to macro headwinds, but store expansion and buybacks support mid-range growth potential.

AutoZone, Inc. (AZO) faced analyst target cuts after a solid Q4 with mixed forward guidance. Raymond James turned more constructive for FY27, citing accelerating sales into Q1 and catalysts like 4% LFL inflation, Commercial share gains, and a maturing supply chain and tech investments. Mizuho cut targets and questioned why conditions would improve given 4%-5% same-SKU inflation. Guggenheim lowered targets but said Q4 results were slightly disappointing yet sequential August acceleration and FY27 guidance suggest domestic comps likely bottomed in Q4. Q4 net sales reached $6.59B (+5.6% YoY), EPS $56.05, total-store comps +2.7% (domestic +1.6%), with a 1.5% constant-currency gain. AutoZone opened 175 stores in Q4 and repurchased $697.5M of stock, ending the year with $1.6B remaining under buyback. Shares traded higher premarket; sentiment on StockTwits remained highly bullish, though AZO is down ~17% YTD. Analysts are split on FY27 recovery, implying a moderate effect on AutoZone's trajectory.

AutoZone reported fourth-quarter fiscal 2026 earnings of $56.05 per share, beating the Zacks consensus of $54.54, and its stock rose 3.3%. The article also notes THO's fourth-quarter revenue of $2.31 billion (vs. $2.15 billion expected), MLKN's first-quarter revenue of $923.4 million (miss vs. $942.7 million consensus), and VICR's plan to revise its third-quarter outlook to more than 20% sequential revenue growth (up from nearly 10%). Earnings beat and modest stock move suggest positive near-term sentiment but limited long-term impact.

AutoZone posted fiscal Q4 results: EPS $56.05 and same-store sales +1.5% with revenue about $6.6B, just below consensus of ~ $6.71B. TD Cowen cut its price target to $3,400 from $3,500 while retaining a Buy rating, noting an improved Q4 exit rate and early-Q1 momentum but flagging domestic comps as a sticking point. The firm expects hotter same-SKU inflation in fiscal 2027 and DIY demand elasticity to be a key variable, while Do-It-For-Me continues to gain share. The stock has fallen more than 30% over the past year and trades near a 52-week low (~$2,797); Evercore ISI maintains Outperform with a $3,500 target. The takeaway: AZO remains a battleground stock until domestic comp trends improve, despite some positive momentum. Revenue miss and a cautious outlook on domestic comps amid a battleground-stock dynamic temper near-term upside.

AutoZone (AZO) reported Q3 CY2026 revenue of $6.59B, missing consensus of $6.70B but up 5.6% year over year, with adjusted EPS of $56.05, above estimates of $53.84. Operating margin remained at 20%. The store base rose to 8,031 from 7,657 a year prior; same-store sales grew 2.7%. Growth was driven by the commercial segment, aided by expanded Mega Hub coverage, inventory improvements, and faster delivery, while DIY sales softened due to inflation and weaker foot traffic, though demand improved late in the quarter. AutoZone opened 175 stores (including its 1,000th in Mexico). A tariff refund boosted gross margins this quarter, but management expects margins to normalize. The company plans continued store growth, supply chain and technology investments, and focus on commercial market share, with a DIY rebound tied to moderating inflation and consumer sentiment. Commercial momentum and Mega Hub expansion could meaningfully influence AZO's growth trajectory despite near-term DIY softness.

AutoZone shares jumped after stronger-than-expected fiscal 2026 fourth-quarter results. Net sales rose 5.6% year over year to $6.6 billion as 175 new stores opened in the quarter (374 in the trailing 12 months), lifting total store count to 8,031 across the U.S. (6,863), Mexico (1,001) and Brazil (167). Same-store sales rose 2.7% (1.5% excluding currency). Operating profit rose 10% to $1.3 billion; net income rose 11% to $931.6 million, with earnings per share up 15% to $56.05 aided by stock buybacks. The results topped Wall Street expectations of $53.89 per share. Management expects further growth in the U.S. and internationally in fiscal 2027, supported by store expansion, improved assortments and in-stock positions, and investments in systems. Tariff refunds also helped earnings. Strong earnings beat, aggressive store expansion, and margin gains imply meaningful upside in AZO's earnings trajectory.

AutoZone reported FY26 sales of $20.3B, up 7.4%, and Q4 sales of $6.6B, up 5.6%. Q4 diluted EPS was $56.05, up 15.1%; FY26 EPS $152.55, up 5.3%. Q4 net income $932M (+11.3%); Q4 EBIT $1.3B (+10.1%; +4.4% ex-LIFO). Gross margin 53.3% in Q4 (+182 bps; +76 bps ex-LIFO). Comps: total +1.5%; domestic +1.6%; DIY -0.6%; commercial +8.6%; international +1.3% (10.7% unadjusted). DIFM q4 ~$1.9B (+~9%); FY26 commercial ~$5.8B (+~11%). Free cash flow Q4 $684M; FY26 ~$1.8B; OCF >$3.3B. Opened 175 stores in Q4; 374 in FY26; total stores >8,000; international expansion in Mexico (1,001) and Brazil (167). Mega Hubs total 172; plan >40 in FY27 and ~300 in 3 years. LIFO charge $15M Q4; $192M FY26; tariff refunds $96M; peso tailwinds; capex ~$1.65B in FY27. Expansion and international growth, tariff refunds, and strong cash flow support upside, while DIY weakness and LIFO charges temper near-term margins.

AutoZone reported fiscal Q4 2026 EPS of $56.05, up 15% YoY, aided by a $96 million IEEPA tariff refund that added $4.43 per share. Excluding LIFO and the refund, EPS rose 8.5%. Domestic same-store sales rose 1.6% as a 8.6% gain in Commercial offset a 0.6% DIY drop; DIY tickets rose about 5% on mid-single-digit SKU inflation but transactions fell as higher fuel costs weighed on low-income buyers. Management said the 5%+ DIY transaction decline was not typical and expected to recover; August comps improved to 2.1% from 1.4% in the quarter. For FY2027, domestic comps are guided flat to up low single digits with ~4% ticket growth; Commercial growth targeted in the high single to low double digits as Mega Hub rollout accelerates to 300 over three years. 2026 buybacks totaled $2B; 2027 store openings planned at 400; SG&A up ~8%. Megahub rollout and 400 planned stores in 2027, plus strong commercial growth and buybacks, point to a meaningful shift in growth and earnings leverage.

AutoZone posted 5.6% total sales growth in Q4, with Commercial up about 11% for the year, while DIY same-store sales fell 0.6% amid weak foot traffic and inflation; August recovery helped. FY2026 opened a record 374 stores, crossing 1,000 in Mexico and 8,000 globally, as it expands. Mega Hubs (100k+ SKUs) lift linked commercial sales ~16% via better parts access and faster delivery. International growth was softened by Mexico’s economy, though ROIC remains solid as stores mature. Gross margin expanded 182 bps, aided by a $96m tariff refund and lower LIFO charges, with supply-chain gains supporting margins. For FY2027, domestic SSS is flat to up low-single digits; ticket size +4%. Capex around $1.5b for ~400 new stores; LIFO charges $85–90m. Mega Hub rollout targets ~300 locations in three years. Tariff refunds, FX tailwinds, and DIY pressures shape the year ahead; ROIC for new stores climbs over time. Massive expansion plans and Mega Hub rollout coupled with margin improvements suggest a meaningful shift in growth trajectory and investor sentiment.

AutoZone reported Q4 2026 sales of $6.6B, up 5.6%, and EPS of $56.05, up 15.1%. A $15M LIFO charge reduced margins vs. a $80M LIFO charge last year; $96M tariff refunds lifted gross margins. The quarter added 175 stores, bringing the year to 374—the most in a year—and Mexico hit 1,000 stores (8,000 total company stores). International stores reached 1,168 with CC comps +1.3% and unadjusted +10.7% due to FX. Domestic DIY declined 0.6% while domestic commercial rose 8.6%; total domestic SS grew 1.6%. FY27 guidance includes roughly $1.5B in capex, about 400 new stores, and ~430 annual net store openings; 172 Mega Hubs now with plan ~300. The company expects 4% ticket growth, flat-to-low single-digit domestic comps, and ROIC of ~15% by year 4 and >20% by year 6, supported by international expansion and supply-chain investments. Aggressive store expansion, Mega Hub rollout, and ROIC targets could materially alter growth trajectory.

AutoZone reported fiscal 2026 Q4 sales of $6.6 billion, up 5.6%, and diluted EPS of $56.05, up 15.1%. Full-year sales rose 7.4% to a record $20.3 billion, with EPS of $152.55. The year included 374 store openings (175 in Q4). Domestic commercial sales rose about 11%, aided by inventory improvements, faster delivery and Mega Hub expansion. AutoZone opened 172 Mega Hubs in total and plans more than 40 new Mega Hubs in fiscal 2027, with ~300 over the next three years. For fiscal 2027, guidance calls for flat-to-low-single-digit domestic same-store sales and about 400 global store openings; capex around $1.65 billion. International growth is expected to be low- to mid-single-digit constant-currency; currency benefits from Mexico boosted reported results. The company generated roughly $1.8 billion free cash flow in 2026 and repurchased $2 billion of stock. LIFO charges and tariff refunds also noted; 15% of stores outside the U.S. Mega Hub expansion, aggressive store openings, and higher capex point to substantial long-term growth potential, despite flat-to-low growth in near-term same-store sales.

AutoZone reported fourth-quarter net sales of $6.6 billion, up 5.6% from a year earlier, with diluted EPS of $56.05 and net income of $931.6 million. Domestic same-store sales rose 1.6% and total company same-store sales 1.5% in the 16-week quarter. Operating profit climbed 10.1% to $1.3 billion, and gross margin expanded to 53.3% due to tariff refunds and a net non-cash LIFO benefit, offset by a higher commercial sales mix. For fiscal 2026, net sales are projected at $20.3 billion, up 7.4% year over year, with EPS of $152.55 and net income of $2.6 billion. The company opened 175 new stores in the quarter (including 16 Mega Hub stores) and ended the year with 8,031 stores. AutoZone bought back $697.5 million of stock in the quarter, with $1.6 billion remaining under authorization, and expects 2027 sales growth across the U.S., Mexico, and Brazil. Aggressive store expansion and a favorable 2027 outlook indicate a significant positive trajectory.

AutoZone posted Q4 diluted EPS of $56.05, topping estimates of $53.84, while revenue came in at $6.6 billion vs. a $6.7 billion consensus. The retailer opened 175 stores in the quarter, bringing total global locations to 8,031 (6,863 in the U.S., 1,001 in Mexico, 167 in Brazil). For the full year, AutoZone added 374 stores. The company continued its share-repurchase program, buying back $697.5 million in Q4 and ending the period with $1.6 billion remaining under its authorization. Same-store sales rose 1.5% in the quarter ended Aug. 29, 2026, with results improving in the back half after a weak start. CEO Phil Daniele said the firm is well positioned for fiscal 2027, citing better inventory, faster delivery, and stronger service. AZO traded up modestly in premarket trading. EPS beat with modest revenue miss and forward guidance plus strong store expansion and buybacks imply meaningful upside for FY2027.

AutoZone shares rose about 6% after reporting fiscal Q4 results that beat expectations on earnings but lagged on revenue. Diluted EPS came in at $56.05 for the quarter ended Aug. 29, 2026, above consensus of $54.30, while net sales were $6.6 billion, short of the $6.71 billion projected. Domestic same-store sales climbed 1.6%. Gross margin expanded 182 basis points to 53.3%, and operating profit rose 10.1% to $1.3 billion. The stock’s move comes in the context of AutoZone’s relatively low volatility and a prior 11.3% drop four months earlier after a revenue miss in Q2, with the shares trading about 30% below the 52-week high. Year-to-date, AZO has fallen, reflecting mixed top-line signals despite profitability strength. EPS beat and margin expansion boost profitability, but revenue miss tempers upside, yielding a moderate impact.

AutoZone beat Q4 EPS by $1.75 at $56.05 but missed revenue with $6.6 billion vs. $6.71 billion expected, sending AZO up about 6% as investors focus on margin strength and a stronger quarter finish. Year-to-date, the stock remains significantly lower, and peers Advance Auto Parts and O'Reilly Automotive rose on the read-across from AutoZone’s results despite not releasing their own quarters. The company reiterated guidance around fiscal 2027 sales growth and margin discipline, while analysts noted the revenue miss points to softer traffic; management framed a back-half momentum recovery. The move is seen as idiosyncratic to AutoZone rather than a broad retail sector signal, with the commercial book and outlook likely driving the next leg for the stock. EPS beat with a revenue miss signals mixed momentum and a not-fully-clear top-line trajectory.

AutoZone beat quarterly earnings expectations for the fiscal fourth quarter ended Aug. 29, reporting EPS of $56.05, up from $48.71 a year earlier and above consensus $54.08. Revenue came in below forecasts, with total same-store sales rising 1.5% on a constant-currency basis. The better-than-expected earnings drove the stock higher, marking its best trading session in more than two years. Earnings beat and a near-term stock rally signal modest positive momentum, but without a fundamental shift in long-term fundamentals.

AutoZone reported fiscal Q4 revenue and same-store sales growth below market expectations amid ongoing macro headwinds, underscoring a challenging demand environment for auto-parts retailers. Q4 miss against expectations could temper near-term sentiment and highlight continued demand pressure amid macro headwinds.

AutoZone reported fiscal Q4 adjusted earnings of $56.05 per share, beating estimates of $54.30, while net sales rose 5.6% to $6.6 billion but missed the $6.71 billion forecast. Domestic same-store sales rose 1.6% on a constant-currency basis, with company-wide same-store sales up 1.5%. Margin expanded to 53.3% due to a 145-basis-point tariff-refund benefit and a 105-basis-point LIFO inventory impact, partially offset by a higher mix of commercial sales. Operating expenses rose to 33.4% of sales from 32.4% year-ago, driven by growth initiatives. Net income increased to $931.6 million from $837.0 million. For the full year, revenue rose 7.4% to $20.3 billion, aided by the opening of 374 new stores as AutoZone expanded domestically and internationally. Despite the revenue miss, the company remained optimistic about fiscal 2027 as sales improved later in the quarter and margins strengthened. Earnings beat and margin expansion support profitability, but revenue miss and higher expenses limit upside.

AutoZone, Inc. reported Q4 revenue of $6.59 billion for the quarter ended August 2026, up 5.6% year over year, with EPS of $56.05 vs $48.71 a year ago. Revenue missed consensus of $6.69B (-1.38%), but EPS beat with a 2.77% surprise vs $54.54 expected. Key metrics show mixed results: total store-sales, constant currency, +1.5% YoY (below 3.1% six-analyst avg); domestic SSS +1.6% (vs 3.1% expected). Domestic stores: 6,863 (6,869 est); total AutoZone stores: 8,031 (est 8,017). Square footage total: 54.661M vs 54.238M est; square footage per store: 6.81M (6.8M est). Net stores opened: 175 vs 161 est. International SSS +10.7% YoY (vs 7.4% est); Brazil stores 167 of 168 est; Mexico stores 1,001 vs 970 est; International CC SSS +1.3% (1.7% est). Domestic Commercial sales $1.91B vs $1.94B est, up 8.6% YoY. Shares down ~6.9% in the last month; Zacks Rank: #3 Hold. Mixed quarterly metrics with international growth and store openings offset by domestic softness and revenue miss versus consensus.

AutoZone reported Q4 earnings of $56.05 per share, beating the Zacks consensus of $54.54 (up from $48.71 year earlier), a 2.77% surprise. Revenue for the quarter came in at $6.59 billion, missing the consensus by 1.38% versus $6.24 billion a year ago. The company has beat EPS estimates in three of the last four quarters but has not topped revenue estimates in the same period. The stock has fallen about 17.4% year-to-date, lagging the S&P 500. For the next quarter, consensus EPS is $38.05 on $4.98 billion in revenue and for the full year, $175.04 on $21.98 billion in revenue. Zacks assigns a #3 Hold, with Automotive - Retail and Wholesale - Parts industry ranking in the top 31%. CarMax is cited as a peer with results due Sept 29. Revenue miss despite an earnings beat signals mixed near-term prospects and limited upside if top-line growth remains weak.

AutoZone beat quarterly profit expectations but missed revenue estimates for Q4 ended Aug 29, 2026. Adjusted EPS rose to $56.05 from a consensus $54.30, while net sales of $6.6 billion lagged the $6.71 billion forecast, rising 5.6% year over year. Domestic same-store sales rose 1.6% (constant currency); total same-store sales up 1.5%. Gross margin expanded 182 basis points to 53.3% due largely to tariff refunds and a non-cash LIFO benefit, offset by higher commercial mix. Operating expenses as a percentage of sales increased to 33.4% from 32.4%. Net income climbed to $931.6 million from $837.0 million. For the full year, AutoZone opened 374 stores, annual revenue $20.3 billion, up 7.4% YoY. CEO Phil Daniele said results strengthened late in the quarter and the company is positioned for fiscal 2027 growth; shares rose about 2% premarket. Profit beat with margin gains and continued store expansion imply modest upside despite a revenue miss.