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AutoZone (AZO) Q2 2026 earnings decline despite 8% sales growth

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3 months ago
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AutoZone (AZO) Q2 2026 earnings decline despite 8% sales growth
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The company posted net sales of $4.3 billion for Q2, up 8.1% from $4.0 billion reported in the second quarter of fiscal 2025. Total same-store sales increased 5.2% in the second quarter, representing a 3.3% rise in a constant currency basis.

Net income for the quarter was $468.9 million, compared to $487.9 million in the same period of fiscal 2025. On a per-share basis, earnings declined to $27.63 in Q2 from $28.29 a year earlier.

During the quarter, AutoZone repurchased 85 thousand shares of its common stock at an average price per share of $3,666, for a total investment of $310.8 million.

“As we remain focused on gaining market share across our highly fragmented industry, we remain committed to a disciplined approach of increasing earnings and cash flows to drive shareholder value,” said Phil Daniele, the company’s CEO.



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