AutoZone Q2 Results Surpass Estimates, Revenue Increases Year Over Year

AutoZone Surpasses Q2 Earnings Forecasts, Sees Revenue Growth

AutoZone Inc. (AZO) announced earnings of $27.63 per share for its fiscal 2026 second quarter, ending February 14, 2026. This result exceeded the Zacks Consensus Estimate of $27.10 per share, though it was slightly below the $28.29 per share reported in the same period last year.

The company’s net sales climbed 8.2% year-over-year to reach $4.27 billion, just under the consensus projection of $4.31 billion.

Currently, AZO holds a Zacks Rank #3 (Hold). For a full list of today’s Zacks #1 Rank (Strong Buy) stocks, .

AutoZone: Price Trends, Analyst Estimates, and EPS Surprises

For detailed charts on AutoZone’s price, consensus, and earnings surprises, visit the or view the .

Highlights from the Quarter

• Domestic commercial sales reached $1.15 billion, up from $1.05 billion a year earlier. Comparable sales at U.S. stores open at least a year increased by 3.4%.
• Gross profit improved to $2.24 billion compared to $2.13 billion in the prior year, while operating profit declined 1.2% to $698.5 million.
• AutoZone expanded its footprint by opening 43 new stores in the U.S., 18 in Mexico, and three in Brazil. As of February 14, 2026, the company operated 6,709 stores in the U.S., 913 in Mexico, and 152 in Brazil, totaling 7,774 locations.
• Inventory levels rose 13.1% year-over-year, influenced by expansion efforts and inflation. Net inventory per store at quarter-end was negative $105,000, compared to negative $161,000 a year ago.
• Cash and cash equivalents stood at $285.5 million, up from $271.8 million as of August 30, 2025. Total debt increased to $8.9 billion from $8.79 billion over the same period.
• During the quarter, AutoZone repurchased 85,000 shares for $310.8 million at an average price of $3,666 per share. The company had $1.4 billion remaining under its current share buyback authorization at quarter-end.

Updates from Industry Peers

Advance Auto Parts, Inc. (AAP)

Advance Auto Parts reported adjusted earnings of $0.86 per share for the fourth quarter of 2025, outperforming the consensus estimate of $0.41. This compares to an adjusted loss of $1.18 per share in the same quarter last year.

The company’s net revenue reached $1.97 billion, exceeding expectations of $1.95 billion, though down from $1.99 billion a year ago. Comparable store sales rose 1.1%, below the anticipated 3.3% increase.

O’Reilly Automotive, Inc. (ORLY)

O’Reilly Automotive posted adjusted earnings per share of $0.71 for the fourth quarter of 2025, just under the consensus estimate of $0.72. This was an improvement from $0.66 per share in the prior year.

Quarterly revenue was $4.41 billion, topping the consensus estimate of $4.40 billion and marking a 7.8% year-over-year increase. Comparable store sales grew 5.6%, and the company opened 47 new stores across the U.S., Mexico, and Canada, bringing its total to 6,585 locations as of December 31, 2025.

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• O'Reilly Automotive, Inc. (ORLY): Free Stock Analysis Report
• Advance Auto Parts, Inc. (AAP): Free Stock Analysis Report
• AutoZone, Inc. (AZO): Free Stock Analysis Report

Original article published by Zacks Investment Research.

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