Retirement Savings Plans |
12 Months Ended |
|---|---|
Aug. 29, 2026 | |
| Retirement Savings Plans | |
| Retirement Savings Plans | Note M – Retirement Savings Plans The Company has a 401(k) plan that covers all domestic employees who meet the plan’s participation requirements. The plan features include Company matching contributions, immediate 100% vesting of Company contributions and a savings option up to 25% of qualified earnings. The Company makes matching contributions, per pay period, up to a specified percentage of employees’ contributions as approved by the Board. The Company made matching contributions to employee accounts in connection with the 401(k) plan of $44.8 million in fiscal 2026, $42.7 million in fiscal 2025 and $39.0 million in fiscal 2024. The Company also has a non-qualified executive deferred compensation plan which allows certain qualifying employees to defer a portion of their annual base salary and their annual incentive bonus. This plan provides for matching contributions similar to the 401(k) plan. Additionally, the Company has the AutoZone Mexico Savings Fund, through which AutoZoners in Mexico build personal savings through regular contributions. The AutoZoner contributes 12% of their salary, and the Company matches that contribution, with all funds distributed to the AutoZoners annually in December. The Company made matching contributions to the AutoZone Mexico Savings Fund of $22.2 million, $17.7 million and $17.5 million in fiscal 2026, 2025 and 2024, respectively. |