Strong Revenue Growth Driven by Store Expansion and Demand
Revenue grew 8.4% YoY to $4.84B in Q3 FY2026, reflecting continued demand for auto parts across both DIY and commercial (DIFM) channels, supported by ongoing domestic and international store expansion.
Gross Margin Slight Compression
Gross margin declined approximately 57 basis points YoY to 52.15% as cost of revenue grew 9.7% — faster than the 8.4% revenue growth — indicating modest pressure from product costs, supply chain, or mix shift.
SG&A Expense Growth Contained Below Revenue Growth
SG&A expenses rose 7.6% YoY to $1.60B, growing slightly below the 8.4% revenue pace, demonstrating reasonable operating leverage even as the company invests in labor and store operations.