Shares of AutoZone (AZO) are down 2% after the automotive parts retailer missed Wall Street’s earnings forecast for a fifth consecutive quarter.
The Memphis, Tennessee company posted earnings per share (EPS) of $48.71 U.S. for what was its fiscal fourth quarter. That fell short of Wall Street’s consensus expectation of $50.57 U.S.
Sales in the period totaled $6.24 billion U.S., which was just below analysts’ consensus estimate of $6.25 billion U.S. Overall, same-store sales were up 5% from a year earlier.
Beyond the top and bottom-line misses, AutoZone didn’t issue a forecast for 2026 but said it planned to expand its store locations over the next year.
“We expect to aggressively open stores in the new year as we continue to focus on growing our market share over time,” said the company in its earnings release.
AutoZone currently has more than 7,000 retail locations in mostly the U.S. and Mexico.
Despite the series of earnings misses, AutoZone stock has performed well so far in 2025, having gained 27% to trade at $4,121 U.S. per share.
Analysts see AutoZone as a beneficiary of the U.S. tariffs placed on foreign car imports, with consumers electing to keep their vehicles longer and replace parts on them as the cost of a new automobile rises.
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