AutoZone, Inc. (NYSE: AZO), a leading retailer and distributor of aftermarket automotive parts, reported an 8% increase in net sales for the second quarter of fiscal 2026. Meanwhile, earnings declined.
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.