AutoZone Q2 sales rise 8.1% to $4.3 billion, but diluted EPS falls to $27.63
AutoZone reported results for the 12-week second quarter ended February 14, 2026. Net sales rose 8.1% to $4.3 billion and total company same store sales rose 5.2%, but operating profit fell 1.2% to $698.5 million and diluted earnings per share fell to $27.63 from $28.29. The company attributed the gross margin decline mainly to a 138 basis point non-cash LIFO charge.
Key points
- Net sales were $4.3 billion, up 8.1% from the prior-year quarter; total company same store sales rose 5.2%, or 3.3% in constant currency.
- Gross profit margin was 52.5%, down 137 basis points, driven by a 138 basis point non-cash LIFO charge.
- Net income was $468.9 million versus $487.9 million a year earlier; diluted EPS was $27.63 versus $28.29.
- The company repurchased shares for $310.8 million in the quarter and had $1.4 billion remaining under its repurchase authorization.
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.