AutoZone (NYSE: AZO) Q2 Earnings: EPS Surpasses Estimates Amidst Revenue Miss

Font: Financial Modeling Prep  • May 26, 2026

• AutoZone (NYSE: AZO) reported strong earnings per share (EPS) of $38.07, exceeding analyst expectations of $36.22.
• Despite an 8.4% revenue increase year-over-year to $4.84 billion, the automotive retailer's sales narrowly missed analyst forecasts of $4.86 billion.
• The company demonstrated underlying strength with a 4.1% increase in domestic same-store sales and a 6.6% growth in operating profit to $923.80 million, alongside significant share buybacks totaling $586.30 million.

AutoZone (NYSE: AZO) is a leading American automotive retailer of automotive replacement parts and accessories. The company serves both do-it-yourself customers and professional repair shops. It operates in a competitive auto parts industry against other auto parts suppliers, making its financial performance closely watched by investors.

On May 26, 2026, AutoZone reported its quarterly earnings. The company announced an earnings per share (EPS) of $38.07. This figure surpassed the consensus analyst estimate of $36.22. EPS represents the portion of a company's profit allocated to each outstanding share of common stock, serving as an indicator of profitability.

However, the company's revenue for the quarter was $4.84 billion. While this marked an 8.4% increase from the previous year, it fell just short of the analyst expectation of $4.86 billion. As highlighted by Proactive Investors, this revenue miss led to a decline in the company's stock price following the announcement.

Despite the revenue shortfall, AutoZone showed growth in other areas. It reported a 4.1% increase in domestic same-store sales, a key metric that tracks sales at stores open for at least one year. The company's operating profit also grew by 6.6% to $923.80 million, as noted by GlobeNewswire.

AutoZone continues to return value to shareholders through its share buyback program. During the quarter, it repurchased 164,000 shares for $586.30 million. This action reduces the total number of shares available, which can help increase the earnings per share for the remaining stock.