On September 22, AutoZone rose 6.13% in regular trading, trading at $2,975.00/share, with turnover of approximately $297 million. The rally was driven by the company's fiscal Q4 earnings release, in which per-share earnings significantly exceeded Wall Street expectations.

AutoZone reported fiscal Q4 net income of $56.05 per diluted share, up 15.07% from $48.71 a year earlier, beating the analyst consensus estimate of approximately $54.18 by nearly 4%. Net sales for the quarter ended August 29 came in at $6.595 billion, up from $6.24 billion a year earlier, though slightly below the $6.70 billion estimate. Company-wide same-store sales rose 1.5%, with domestic same-store sales increasing 1.6%. Full-year sales surpassed $20.3 billion.

Heading into the report, multiple analysts had lowered price targets on the stock, with Oppenheimer, Evercore ISI, Wells Fargo, and Citigroup all trimming targets to the $3,450–$3,637 range while maintaining bullish ratings. UBS had previously noted that Q4 could mark an inflection point for fiscal 2027 earnings growth. Within the Automotive Retail sector, peers also traded higher, with O'Reilly up 4.37% and Advance Auto Parts up 5.12%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)