AutoZone posts Q3 revenue $4.84B, diluted EPS $38.07; same-store sales +3.9% (constant currency) — TradingView News

AutoZone reported third-quarter fiscal 2026 net sales of $4.84 billion and diluted earnings per share of $38.07 for the 12 weeks ended May 9, 2026. Same-store sales rose 5.5% company-wide and 3.9% on a constant-currency basis; domestic same-store sales increased 4.1%. The company delivered operating profit of $923.8 million and net income of $641.5 million for the quarter.

Financial Highlights

• Net sales: $4,840,950 thousand for the 12 weeks ended May 9, 2026 (up 8.4% vs. prior-year quarter).
• Gross profit: $2,524,574 thousand; gross margin 52.2% (decrease of 57 basis points vs. prior year).
• Operating profit (EBIT): $923,756 thousand for the quarter.
• Net income: $641,491 thousand for the quarter; diluted earnings per share: $38.07 (compared with $35.36 prior year).
• Share repurchases: 164 thousand shares repurchased at an average price of $3,582 per share; total investment $586.3 million; $804.2 million remaining under current authorization.

Business Highlights

• Same-store sales: Total Company same-store sales increased 5.5% for the quarter; domestic same-store sales up 4.1%; international same-store sales up 16.6% (1.6% on a constant-currency basis).
• Store expansion: Opened 82 new stores globally in the quarter — 57 in the U.S., 20 in Mexico and 5 in Brazil — bringing total store count to 7,856 as of May 9, 2026.
• Inventory and merchandising: Merchandise inventories increased 10.8% year-over-year driven by growth initiatives and inflation; inventory per store $962 and net inventory per store negative $107 thousand.
• Commercial channel: Domestic commercial sales grew to $1,402,740 thousand for the quarter (up 10.4% year-over-year), with average sales per program per week rising to $18.5.
• Operational efficiency: Operating expenses were 33.1% of sales (versus 33.3% prior year), reflecting expense management and leverage from sales growth; operating margin returned to above 19% for the quarter.

Original SEC Filing: AUTOZONE INC [ AZO ] – 8-K – May. 26, 2026