Earnings call briefFiscal fourth-quarter 2026

AutoZone expects $85 million to $90 million in fiscal 2027 LIFO charges

AutoZone also expects approximately 400 store openings in fiscal 2027 and SG&A per store to grow roughly 3%.

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Chief Financial Officer Jamere Jackson said on the fiscal fourth-quarter call that AutoZone expects LIFO charges of $40 million in the fiscal first quarter and approximately $15 million in each of the next three quarters. It also expects SG&A per store to grow roughly 3% in fiscal 2027, or approximately 8% on a total growth basis.

Quotes from the call

“In total, we are modeling $85 million to $90 million in LIFO charges for FY 2027.”

Jamere Jackson, Chief Financial Officer

Key facts from the call

Expected fiscal 2027 LIFO charges
$85 million to $90 million
Expected fiscal first-quarter LIFO charge
$40 million
Expected fiscal 2027 store openings
Approximately 400

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Source: AutoZone's fiscal fourth-quarter 2026 earnings call, September 22, 2026.

Written by GetSignal with AI from the company's earnings call.

Not investment advice.

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