What AutoZone's latest 10-Q says: 9 signals

AutoZone filed its latest 10-Q with the SEC on Jun 12, 2026. It discusses capex increase, cash flow concern and internal control weakness.

Public (AZO)10,000+ employeesautozone.com

Filed: Jun 12, 2026
Filings: 2
Signals: 19

10-Q · latest 10

What AutoZone's 10-Q filings say

10-Q
Filed Jun 12, 2026 · 9 signals
SEC EDGAR
- Platform strategyNeutral
  AutoZone is in a multi-year ERP implementation to replace core financial systems
  The company is undergoing a major, multi-year ERP rollout to replace its core financial systems, creating significant operational risk and complexity.
  ERPenterprise resource planning
- Market expansionPositive
  AutoZone increases CapEx by 12.6% to $997.5M for store and hub expansion
  The company is accelerating investments in new stores and hub/mega hub projects, increasing capital expenditures by over $111M year-over-year.
  $997.5M
  Capital expenditures for the thirty-six weeks ended May 9, 2026
  12.6%
  Year-over-year increase in capital expenditures from $885.6M
- Margin pressureNegative
  Adjusted Return on Invested Capital (ROIC) dropped sharply from 43.5% to 36.3%.
  The company's capital efficiency has significantly decreased, with a 720 basis point drop in adjusted ROIC.
  36.3%
  Adjusted after-tax ROIC for the trailing four quarters ended May 9, 2026, down from 43.5% in the prior year period.
- Cash flow concernNegative
  Variable rate debt nearly doubled to $1.4B, creating a $13.6M earnings risk per 1% rate hike.
  AutoZone's variable rate debt increased from $748.6M to $1.4B, significantly heightening its exposure to interest rate fluctuations.
  $1.4B
  Variable rate debt outstanding at May 9, 2026
- Inventory issueNeutral
  AutoZone's merchandise inventories grew by over $530M to $7.56B
  The company's inventory has increased by over $530M year-over-year, tying up an additional $656M in cash from operations this year.
  $7.6B
  Total merchandise inventories
- Supply chain disruptionNegative
  AutoZone flags risk that credit downgrade could disrupt its supplier financing arrangements
  The company relies on third-party financing arrangements to manage supplier payments and working capital.
10-Q
Filed Mar 20, 2026 · 10 signals
SEC EDGAR
- Platform strategyNeutral
  AutoZone begins multi-year ERP implementation to replace core financial systems
  The company has started a major, multi-year replacement of its core financial systems with a new ERP platform.
  ERPenterprise resource planning
- Market expansionPositive
  AutoZone increases CapEx by 21% to $652M, fueling store and hub expansion
  Capital expenditures rose to $652 million in the first half of fiscal 2026, a significant increase from $539.7 million the prior year.
  $652M
  Capital expenditures for the twenty-four weeks ended February 14, 2026
  20.8%
  Year-over-year increase in capital expenditures for the 24-week period
- Software implementationNegative
  AutoZone acknowledges 'inherent risks' in its new ERP system rollout.
  ERP
- Margin pressureNegative
  AutoZone's adjusted Return on Invested Capital (ROIC) dropped significantly from 45.5% to 37.6%.
  The company's adjusted after-tax ROIC, a key management metric for operational performance, fell by nearly 8 percentage points year-over-year.
  37.6%
  Adjusted after-tax ROIC for the trailing four quarters ended February 14, 2026

Showing 10 of 19 filing signals. The Signal API returns all of them.

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Earnings calls

AutoZone earnings headlines

From earnings call transcripts (Signal API type earnings-transcripts).

Earnings call headlines
Call date	Period	What the company said
Dec 9, 2025	Q1 FY2026	Investing nearly $1.6B in CapEx for strategic growth priorities.The company is investing nearly $1.6 billion in CapEx this year, with similar amounts planned for next year, to fund accelerated store growth, new distribution centers, and technology. This significant budget allocation creates opportunities for vendors in construction, logistics, and IT.
Dec 9, 2025	Q1 FY2026	Investing in technology to build a superior customer experience.Leadership is prioritizing technology investments to enhance the customer experience and improve employee execution of "wow customer service." This focus on CX and employee enablement opens doors for vendors with CX platforms, data analytics, and productivity tools.
Dec 9, 2025	Q1 FY2026	SG&A growth is outpacing sales growth, creating pressure for expense discipline.Analysts highlighted that SG&A has been growing 2-3 percentage points faster than sales, a trend the CFO acknowledged is due to growth investments. This creates an opportunity for solutions that improve operational efficiency, automate tasks, and deliver clear ROI to help manage expenses.
Dec 9, 2025	Q1 FY2026	Commercial business accelerating to 14.5% growth, driving share gains.The domestic commercial (DIFM) business is a key growth engine, accelerating to 14.5% growth. Initiatives focus on parts availability and speed of delivery, indicating a need for solutions in inventory management, logistics, and B2B sales enablement.
Dec 9, 2025	Q1 FY2026	Purposefully increasing SG&A spending to fund growth initiatives.SG&A expenses are growing 10.4%, outpacing sales, as part of a deliberate strategy to invest in new stores and commercial business acceleration. This indicates a willingness to spend now for future returns, creating opportunities for vendors who can support these growth initiatives.
Dec 9, 2025	Q1 FY2026	Actively mitigating tariff and inflation costs through sourcing diversification.The company is battling higher costs from tariffs and inflation by diversifying its supplier base away from China and negotiating with vendors. This pain point indicates a strong need for supplier management platforms, sourcing analytics, and supply chain visibility tools to manage complexity and cost.

Signal API · MCP

Track AutoZone with the Signal API

One POST /v1/companies/enrich call with autozone.com returns AutoZone 10-Q signals (sec-10q), each with its source. Or ask Claude through MCP.

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2 credits per signal returned; zero-result calls are free. Endpoint reference

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"autozone.com","signal_types":["sec-10q"],"limit":20}'

Questions about AutoZone 10-Q

When did AutoZone file its latest 10-Q?

AutoZone filed its latest 10-Q on Jun 12, 2026. The one before it was filed on Mar 20, 2026.

What did AutoZone disclose in its latest 10-Q?

From the filing dated Jun 12, 2026: AutoZone is in a multi-year ERP implementation to replace core financial systems

What did AutoZone say on its recent earnings calls?

Q1 FY2026: Investing nearly $1.6B in CapEx for strategic growth priorities. (dated Dec 9, 2025).

Where can I read AutoZone's 10-Q filing?

The full filing is on SEC EDGAR: https://www.sec.gov/Archives/edgar/data/866787/000110465926073525/azo-20260509x10q.htm. This page summarizes what the filing says and links to it.

Source. Quarterly reports (Form 10-Q) filed with the SEC. Every card links to the filing on EDGAR.

Method. Insights are extracted from the filing text and grouped by category. Numbers are quoted from the filing.

Data as of Sep 30, 2026.

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