AutoZone shares have risen about 2% since its last earnings report, outperforming the S&P 500. The company posted third-quarter fiscal 2026 earnings per share of $38.07, topping the Zacks Consensus Estimate of $36.18 by 5.2% and rising 7.7% from a year ago. Net sales increased 8.4% to $4.84 billion, slightly below the $4.86 billion consensus, while domestic same-store sales grew 4.1% driven by a 10.4% jump in commercial sales. Gross margin dipped 57 basis points to 52.2% due to a $20 million non-cash LIFO charge, and the company expects a further $30 million LIFO charge in the fourth quarter. AutoZone opened 82 new stores globally, bringing the total to 7,856, and repurchased 164,000 shares for $586.3 million.
AutoZone IncQ3 earnings beat estimates with EPS of $38.07 vs $36.18 consensus, and shares rose 2% since report.