Why AutoZone Stock Rallied Today
Yahoo Finance ·
Shares of AutoZone ( AZO +3.26% ) rose on Tuesday after the automotive replacement parts and accessories distributor reported stronger-than-expected profits. AutoZone's net sales grew 5.6% year over year to $6.6 billion in its fiscal 2026 fourth quarter, which ended on Aug. 29. The auto-parts purveyor opened 175 stores during the quarter and a total of 374 over the trailing 12 months. AutoZone ended the period with 8,031 stores, including 6,863 stores in the U.S., 1,001 in Mexico, and 167 in Brazil. Additionally, same-store sales, which measure revenue from locations open for at least a year, increased by 2.7%, or 1.5% when excluding foreign currency fluctuations.
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