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The Likely

The news, and what's likely next.

Economy

AutoZone reports fourth-quarter sales of $6.6 billion

AutoZone reported fourth-quarter net sales of $6.6 billion on September 22. Profit margins widened to 53.3 percent, helped by $96 million in tariff refunds that contributed $4.43 per share.

Why it mattersCost relief from the trade refunds helped keep auto parts prices from rising faster for drivers.

How we got here

  1. The U.S. Supreme Court held that IEEPA did not authorize the President to impose the disputed tariffs. Gov
  2. AutoZone completed its sixteen-week fiscal fourth quarter. Autozone

What's likely next

  1. AutoZone said the remaining IEEPA tariff refunds were expected to trickle out during fiscal 2027; it did not give an exact payment date.

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