AutoZone (AZO)
NYSEConsumer DiscretionaryAuto PartsSnapshot 2026-07-07
$3076.88+4.03%
Close 2026-07-07 · 1-day change
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Track AZO free→NYSEConsumer DiscretionaryAuto PartsSnapshot 2026-07-07
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Track AZO free→AutoZone keeps growing sales about 8% a year. It opened 82 new stores in 2026-Q2. The company is buying back shares with $1.5 billion authorized recently. Profit margins and earnings remain solid despite market challenges.
Competition is rising as O'Reilly eyes a deal with Genuine Parts. Earnings growth is behind management's goal. Recent sharp stock selloff shows investor concerns. Profit growth may slow if competition intensifies.
The price is about 9% above our fair value near $2826. Analysts expect about 9% revenue growth. Our fair value is 25% below the Street median, reflecting a more cautious outlook.
Breaks if: EPS falls below $140 in FY26
Focus on disciplined financial management to drive shareholder value.
Stated in 6 of last 6 quarters. Net income for 2026-Q2 was $468.9 million, reflecting a focus on increasing earnings. The consistent emphasis on disciplined financial management aligns with the stated priority, showing limited progress in net income growth.
Standing thesis, reviewed periodically — not a price target or advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“CEO: 'We remain committed to a disciplined approach of increasing earnings and cash flows.'”
“CEO: 'We will remain committed to our disciplined approach of increasing earnings and cash flow.'”
“CEO: 'Our disciplined approach of increasing earnings and cash flow will deliver strong shareholder value.'”
“CEO: 'We remain committed to our disciplined approach of increasing earnings and cash flow.'”
“CEO: 'We remain committed to our disciplined approach of increasing earnings and cash flow.'”
“CEO: 'We remain committed to our disciplined approach of increasing earnings and cash flow.'”
Breaks if: YoY revenue growth falls below 6% next year
Continue expanding store count globally to increase market share.
Stated in 6 of last 6 quarters. Opened 82 new stores globally in 2026-Q2, aligning with the aggressive expansion strategy. The consistent increase in store count indicates delivering on this growth priority.
“CEO: 'We were pleased to have opened 82 new stores globally in the quarter.'”
“CEO: 'We plan to aggressively open stores over the remainder of the fiscal year.'”
“CEO: 'We expect to aggressively open stores in the new year.'”
“CEO: 'We were especially pleased to have opened 141 net new stores globally.'”
“CEO: 'We continue to focus on opening more stores in these markets.'”
“CEO: 'We plan to aggressively open stores over the remainder of the fiscal year.'”
Breaks if: No buyback authorization or suspension of program within next 12 months
Breaks if: New store openings fall below 60 in 2026-Q2
Continue expanding store count globally to increase market share.
Stated in 6 of last 6 quarters. Opened 82 new stores globally in 2026-Q2, aligning with the aggressive expansion strategy. The consistent increase in store count indicates delivering on this growth priority.
“CEO: 'We were pleased to have opened 82 new stores globally in the quarter.'”
“CEO: 'We plan to aggressively open stores over the remainder of the fiscal year.'”
“CEO: 'We expect to aggressively open stores in the new year.'”
“CEO: 'We were especially pleased to have opened 141 net new stores globally.'”
“CEO: 'We continue to focus on opening more stores in these markets.'”
“CEO: 'We plan to aggressively open stores over the remainder of the fiscal year.'”