AutoZone (NYSE:AZO) reported fiscal 2026 second-quarter sales growth of 8.1% to $4.3 billion, but earnings per share declined 2.3% to $27.63, as management pointed to a sizable non-cash LIFO charge ...

Please note: This item is from our archives and was published in 2001. It is provided for historical reference. The content may be out of date and links may no longer function. THE IRS HAS PROPOSED ...

Q2 2026 earnings call recap: sales and comp growth, commercial momentum, LIFO/margin headwinds, and store expansion outlook—read now.

HOUSTON--(BUSINESS WIRE)--Frontier Oil Corporation (NYSE:FTO) today announced its intention to change its inventory valuation method to the last-in, first-out (LIFO) method from the first-in, ...

To many a U.S. corporation, LIFO is a magic formula in times of inflation. It cuts their profits for tax purposes without taking a penny out of their coffers. Under LIFO—pronounced lie-fo and standing ...

Manufacturers, processors, wholesalers, jobbers, distributors and other companies that have a substantial portion of their assets in the form of inventory have an opportunity to improve their cash ...