AutoZone, Inc. reported its financial results for the fourth quarter and fiscal year ended August 29, 2026, revealing a 5.6% increase in net sales to $6.6 billion for the quarter. The company noted that total same-store sales increased 2.7% for the quarter, with domestic same-store sales rising 1.6% and international same-store sales increasing 10.7%. For the full fiscal year, net sales reached $20.3 billion, a 7.4% increase over the prior year.
Gross profit for the quarter was 53.3% of sales, an increase of 182 basis points compared to the prior year. The company attributed this margin expansion to tariff refunds and non-cash LIFO impacts. Operating profit for the quarter increased 10.1% to $1.3 billion, while diluted earnings per share (EPS) were $56.05, up from $48.71 in the same period last year. For the full fiscal year, diluted EPS increased 5.3% to $152.55.
During the quarter, AutoZone opened 175 new stores, including 16 Mega Hub stores in the U.S., 97 in the U.S., 68 in Mexico, and 10 in Brazil. As of August 29, 2026, the company operated a total of 8,031 stores across the three countries. The company also repurchased 223,000 shares of common stock during the quarter at an average price of $3,125, totaling $697.5 million. For the full fiscal year, the company repurchased 579,000 shares for a total investment of $2.0 billion.