AZO news

AutoZone CFO Jamere Jackson resigned to become CFO of FedEx, disrupting the leadership team midway through fiscal 2027 planning.

AutoZone reported 5.6% higher fourth-quarter net sales of $6.6 billion, driven by strong international and constant currency growth, alongside a diluted EPS of $56.05.

AutoZone Inc established a new series of 4.950% senior notes valued at $850 million. This debt offering is priced at 99.306% of principal and will be used for general corporate purposes.

AutoZone Inc. agreed to sell $850 million of 4.950% senior notes to underwriters on July 7, 2026. This debt issuance strengthens the company's liquidity position ahead of the notes' 2031 maturity.

AutoZone's Board authorized an additional $1.5 billion in share repurchases, bringing total authorizations to $42.2 billion since 1998. The company continues capital returns while maintaining investment-grade credit ratings and funding growth investments.

AutoZone reported Q3 net sales of $4.8 billion with 3.9% constant currency same-store sales growth and diluted EPS of $38.07, exceeding the prior year's $35.36. The company repurchased $586.3 million in shares and opened 82 new stores, demonstrating strong operational execution and shareholder retur…