Q2 FY26 - AutoZone

Decelerating growth in Commercial - halfway through the growth spend cycle

Before the bell, AutoZone reported its second quarter results for fiscal 2026. At the time of writing, shares are down 5%.

The second quarter was marked by the severe impact of the US winter storms, causing fluctuations in the intra-quarter performance.

With that said, let’s review the Q2 report in more detail.