Warren Buffett's Berkshire Hathaway announced its biggest management shake-up in decades on Monday, including a surprise exit, a retirement, and a new position. Close followers welcomed the moves, but two warned they could mark the start of a wider exodus as the legendary investor enters his final weeks as CEO after six decades in charge.Greg Abel, the head of Berkshire's non-insurance operations, is poised to take the reins from Buffett on January 1. Carolyn Dewar, a senior partner at McKinsey and coauth ...

For the quarter ended November 2025, AutoZone (AZO) reported revenue of $4.63 billion, up 8.2% over the same period last year. EPS came in at $31.04, compared to $32.52 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $4.64 billion, representing a surprise of -0.25%. The company delivered an EPS surprise of -3.72%, with the consensus EPS estimate being $32.24.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...

The car parts retailer's revenue grew but profit fell due to continued higher costs due to tariffs. ...

AutoZone (AZO) came out with quarterly earnings of $31.04 per share, missing the Zacks Consensus Estimate of $32.24 per share. This compares to earnings of $32.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.72%. A quarter ago, it was expected that this auto parts retailer would post earnings of $50.52 per share when it actually produced earnings of $48.71, delivering a surprise of -3.58%.Over the last four quarters, the ...

Earnings Reports - Toll Brothers reported Q4 earnings of $4.58 per share, missing Wall Street expectations by $0.30, which anticipated $4.88 per share. However, sales were above forecasts at $3.4 billion [5] - Toll Brothers' backlog at the end of Q4 was $5.5 billion, down 15% year-over-year, indicating weakening demand for new homes. The company has 4,647 homes awaiting construction, a decrease from 5,996 homes a year ago, reflecting a 22.5% decline in unit backlog [6] - AutoZone reported Q1 profit of $31.04, missing expectations by $1.83, while revenue was $4.6 billion, slightly below analysts' forecasts [7]

Group 1: Earnings Season Overview - The Q3 earnings season has shown solid results, with 99% of S&P 500 companies reporting a 13.4% increase in earnings per share, marking the fourth consecutive quarter of double-digit growth [2][3] - Analysts had initially expected a lower earnings growth of 7.9% for Q3, indicating a significant positive surprise in actual results [3] Group 2: Company-Specific Earnings Reports - AutoZone (AZO) reported earnings of $31.04 per share on revenue of $4.62 billion, missing estimates of $32.40 and $4.64 billion respectively, with gross profit decreasing due to inventory charges [6][7] - Campbell's Company (CPB) saw a 3% decline in net sales to $2.67 billion and earnings per share of $0.65, below the expected $0.71 [8][9] - Toll Brothers (TOL) reported earnings per share of $4.58, missing estimates of $4.89, while revenue was $3.41 billion, exceeding estimates of $3.31 billion [11][12] - Victoria's Secret (VSCO) stock rose over 13% after raising its 2025 guidance for net sales and earnings, forecasting net sales between $6.45 billion and $6.48 billion [18][19] - Hewlett Packard Enterprise (HPE) shares fell 4% after forecasting Q1 revenue below estimates, expecting $9 billion to $9.4 billion compared to the $9.9 billion expected [22] - CrowdStrike (CRWD) reported a 22% revenue increase to $1.23 billion, raising its full-year guidance to $4.79 billion to $4.80 billion [55][56] Group 3: AI Mentions and Market Sentiment - Mentions of "AI" on earnings calls reached a record high, with 306 S&P 500 companies citing the term, reflecting the growing importance of AI in corporate strategies [14][15] - Companies mentioning AI have experienced higher average stock price increases compared to those that did not, indicating a market trend favoring AI-related narratives [15][16] - Oracle (ORCL) is expected to report earnings soon, which may influence sentiment around AI and its cloud business backlog [17]

Key TakeawaysExxonMobil (XOM) has significantly raised its 2030 corporate plan, now targeting $25 billion in earnings growth and $145 billion in cumulative surplus cash flow through 2030, alongside an increased structural cost savings plan of $20 billion.AutoZone (AZO) reported a mixed first quarter, with sales of $4.63 billion surpassing analyst estimates, but diluted EPS of $31.04 and net income of $530.82 million falling short of expectations. The company did, however, achieve a robust 22% like-for-like ...

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EXHIBIT 99.1 AutoZone 1st Quarter Total Company Same Store Sales Increase 4.7%; Domestic Same Store Sales Increase 4.8%; 1st Quarter EPS of $31.04 MEMPHIS, Tenn., Dec. 09, 2025 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $4.6 billion for its first quarter (12 weeks) ended November 22, 2025, an increase of 8.2% from the first quarter of fiscal 2025 (12 weeks). Same store sales, or sales for our domestic and international stores open at least one year, are as follows: | | | Cons ...

Core Insights - AutoZone, Inc. reported net sales of $4.6 billion for the first quarter of fiscal 2026, marking an 8.2% increase compared to the same period in fiscal 2025 [1] - Same store sales increased by 5.5% overall, with domestic sales up 4.8% and international sales up 11.2% [1][25] - The company opened 53 net new stores globally during the quarter, contributing to a total of 7,710 stores as of November 22, 2025 [6][7] Financial Performance - Gross profit margin decreased to 51.0%, down 203 basis points year-over-year, primarily due to a non-cash LIFO impact [2] - Operating profit fell by 6.8% to $784.2 million, while net income decreased to $530.8 million from $564.9 million in the prior year [3] - Diluted earnings per share were $31.04, down from $32.52 in the same quarter last year [3] Share Repurchase and Capital Allocation - AutoZone repurchased 108 thousand shares at an average price of $3,999, totaling $431.1 million, with $1.7 billion remaining under its share repurchase authorization [4] - The company’s inventory increased by 13.9% year-over-year, driven by growth initiatives and inflation [5] Store Expansion and Operations - The company opened 39 new stores in the U.S., 12 in Mexico, and 2 in Brazil during the quarter [7] - As of the end of the quarter, the company had 6,666 stores in the U.S., 895 in Mexico, and 149 in Brazil [7] Sales and Inventory Metrics - Sales per average store increased to $602, up from $570 in the previous year, while sales per average square foot rose to $89 from $85 [24] - Total inventory as of November 22, 2025, was $7.1 billion, with inventory per store at $927 [26]