AutoZone Significantly Increases Revenue and Expands International Store Network
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AutoZone (NYSE: AZO) reported a significant increase in revenue for the first quarter of fiscal year 2026, reaching $4.6 billion, which corresponds to an increase of 8.2% compared to the previous year. The development of same-store sales is particularly strong: In the U.S., they grew by 4.8%, and internationally by 11.2% - adjusted for currency effects, the increase is 3.7%. Despite this dynamic development, the company is under margin pressure: The gross margin fell by 203 basis points due to significant LIFO burdens, dropping to 51%. The...
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