AutoZone (AZO) Stock Plunges After Q1 2026 Earnings Miss – What the Sell-Off, New Price Targets and Forecasts Mean Now
AutoZone shares plunged 6.7% on December 9 after fiscal Q1 2026 earnings missed forecasts, closing near $3,516 and marking the S&P 500’s worst performance that day. The stock trades around $3,400–$3,450 on December 10, down 20–25% from its 52-week high. Quarterly revenue rose 8.2% to $4.63 billion, but net income fell 6% to $531 million and margins narrowed due to tariffs, inflation, and a $98 million LIFO charge.