Retrieved on:
Wednesday, April 24, 2024
Our comparable store sales increase was comprised of solid growth in both professional and DIY, which grew mid-single digit and low-single digit, respectively, in the quarter.
Key Points:
- Our comparable store sales increase was comprised of solid growth in both professional and DIY, which grew mid-single digit and low-single digit, respectively, in the quarter.
- Comparable store sales increased 3.4% for the first quarter ended March 31, 2024, on top of 10.8% for the same period one year ago.
- As of the date of this release, the Company had approximately $2.22 billion remaining under its current share repurchase authorizations.
- The table below outlines the Company’s updated guidance for selected full-year 2024 financial data:
Earnings Release Date – Wednesday, April 24, 2024, after 3:30 p.m. Central Time
Key Points:
- Earnings Release Date – Wednesday, April 24, 2024, after 3:30 p.m. Central Time
Conference Call Date – Thursday, April 25, 2024, at 10:00 a.m. Central Time
SPRINGFIELD, Mo., April 01, 2024 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, announces the release date for its first quarter 2024 results as Wednesday, April 24, 2024, with a conference call to follow on Thursday, April 25, 2024.
- The Company’s first quarter 2024 results will be released after 3:30 p.m. Central Time on Wednesday, April 24, 2024, and can be viewed, at that time, on the Company’s website at www.OReillyAuto.com by clicking on “Investor Relations” and then “News Room.”
Investors are invited to listen to the Company’s conference call discussing the financial results for the first quarter of 2024, on Thursday, April 25, 2024, at 10:00 a.m. Central Time, via webcast on the Company’s website at www.OReillyAuto.com by clicking on “Investor Relations” and then “News Room.” Interested analysts are invited to join the call.
- The dial-in number for the call is (888) 506-0062 and the conference call identification number is 193896.
- A replay of the conference call will be available on the Company’s website through April 24, 2025.
Retrieved on:
Wednesday, February 7, 2024
In total, our comparable store sales performance exceeded our expectations for the quarter, driven by Team O’Reilly’s relentless focus on providing the highest levels of service in the industry.
Key Points:
- In total, our comparable store sales performance exceeded our expectations for the quarter, driven by Team O’Reilly’s relentless focus on providing the highest levels of service in the industry.
- Gross profit for the fourth quarter increased 6% to $1.97 billion (or 51.3% of sales) from $1.85 billion (or 50.9% of sales) for the same period one year ago.
- Operating income for the fourth quarter increased 5% to $719 million (or 18.8% of sales) from $682 million (or 18.7% of sales) for the same period one year ago.
- Comparable store sales increased 3.4% for the fourth quarter ended December 31, 2023, on top of 9.0% for the same period one year ago.
Earnings Release Date – Wednesday, February 7, 2024, after 3:30 p.m. Central Time
Key Points:
- Earnings Release Date – Wednesday, February 7, 2024, after 3:30 p.m. Central Time
Conference Call Date – Thursday, February 8, 2024, at 10:00 a.m. Central Time
SPRINGFIELD, Mo., Jan. 02, 2024 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, announces the release date for its fourth quarter and full-year 2023 results as Wednesday, February 7, 2024, with a conference call to follow on Thursday, February 8, 2024.
- The Company’s fourth quarter and full-year 2023 results will be released after 3:30 p.m. Central Time on Wednesday, February 7, 2024, and can be viewed, at that time, on the Company’s website at www.OReillyAuto.com by clicking on “Investor Relations” and then “News Room.”
Investors are invited to listen to the Company’s conference call discussing the financial results for the fourth quarter and full-year of 2023, on Thursday, February 8, 2024, at 10:00 a.m. Central Time, via webcast on the Company’s website at www.OReillyAuto.com by clicking on “Investor Relations” and then “News Room.” Interested analysts are invited to join the call.
- The dial-in number for the call is (888) 506-0062 and the conference call identification number is 116638.
- A replay of the conference call will be available on the Company’s website through February 7, 2025.
Retrieved on:
Monday, December 18, 2023
SPRINGFIELD, Mo., Dec. 18, 2023 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, announced that it has entered into a definitive stock purchase agreement with the shareholders of Groupe Del Vasto, headquartered in Montreal, Quebec, Canada, under which O’Reilly will acquire all of the outstanding shares of Groupe Del Vasto and its affiliated entities. The stock purchase is expected to be completed in January 2024, subject to customary closing conditions and regulatory approvals. Groupe Del Vasto operates as Vast-Auto Distribution (“Vast-Auto”).
Key Points:
- The stock purchase is expected to be completed in January 2024, subject to customary closing conditions and regulatory approvals.
- Groupe Del Vasto operates as Vast-Auto Distribution (“Vast-Auto”).
- “We are excited to announce our purchase agreement with Vast-Auto, a highly respected, family-owned and operated auto parts supplier in Canada,” said Greg Johnson, O’Reilly CEO.
- “Vast-Auto’s seasoned management team, led by Mauro Cifelli, will continue to operate the business,” said Brad Beckham, O’Reilly Co-President.
Retrieved on:
Wednesday, October 25, 2023
Online,
Comparable,
Culture,
Growth,
Member,
Share repurchase,
DIY,
ORLY,
Automotive industry,
Video game,
Textile Gross profit for the third quarter increased 12% to $2.16 billion (or 51.4% of sales) from $1.93 billion (or 50.9% of sales) for the same period one year ago.
Key Points:
- Gross profit for the third quarter increased 12% to $2.16 billion (or 51.4% of sales) from $1.93 billion (or 50.9% of sales) for the same period one year ago.
- Operating income for the third quarter increased 12% to $897 million (or 21.3% of sales) from $804 million (or 21.2% of sales) for the same period one year ago.
- We face our most challenging sales comparisons of the year in the fourth quarter, as we lap the 9.0% comparable store sales increase in the fourth quarter last year.
- Comparable store sales increased 8.7% for the third quarter ended September 30, 2023, on top of 7.6% for the same period one year ago.
Earnings Release Date – Wednesday, October 25, 2023, after 3:30 p.m. Central Time
Key Points:
- Earnings Release Date – Wednesday, October 25, 2023, after 3:30 p.m. Central Time
Conference Call Date – Thursday, October 26, 2023, at 10:00 a.m. Central Time
SPRINGFIELD, Mo., Oct. 02, 2023 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, announces the release date for its third quarter 2023 results as Wednesday, October 25, 2023, with a conference call to follow on Thursday, October 26, 2023.
- The Company’s third quarter 2023 results will be released after 3:30 p.m. Central Time on Wednesday, October 25, 2023, and can be viewed, at that time, on the Company’s website at www.OReillyAuto.com by clicking on “Investor Relations” and then “News Room.”
Investors are invited to listen to the Company’s conference call discussing the financial results for the third quarter of 2023, on Thursday, October 26, 2023, at 10:00 a.m. Central Time, via webcast on the Company’s website at www.OReillyAuto.com by clicking on “Investor Relations” and then “News Room.” Interested analysts are invited to join the call.
- The dial-in number for the call is (888) 506-0062 and the conference call identification number is 209629.
- A replay of the conference call will be available on the Company’s website through October 25, 2024.
Team O’Reilly’s commitment to providing consistently excellent customer service drove robust double-digit professional and solid DIY comparable store sales growth in the quarter.
Key Points:
- Team O’Reilly’s commitment to providing consistently excellent customer service drove robust double-digit professional and solid DIY comparable store sales growth in the quarter.
- Gross profit for the second quarter increased 11% to $2.09 billion (or 51.3% of sales) from $1.88 billion (or 51.3% of sales) for the same period one year ago.
- Operating income for the second quarter increased 7% to $854 million (or 21.0% of sales) from $799 million (or 21.8% of sales) for the same period one year ago.
- Comparable store sales increased 9.0% for the second quarter ended June 30, 2023, on top of 4.3% for the same period one year ago.
SPRINGFIELD, Mo., July 26, 2023 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, today announced the Company’s leadership succession plan.
Key Points:
- SPRINGFIELD, Mo., July 26, 2023 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, today announced the Company’s leadership succession plan.
- The Board has selected Brad Beckham, the Company’s Co-President, to succeed Mr. Johnson as CEO upon Mr. Johnson’s retirement.
- The Board has also determined that Brent Kirby, the Company’s Co-President, will be promoted to President upon Mr. Johnson’s retirement.
- Greg has mentored and developed a strong executive leadership team who led the Company through a period of unprecedented growth, driving record profitability.
SPRINGFIELD, Mo., July 03, 2023 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, announces the release date for its second quarter 2023 results as Wednesday, July 26, 2023, with a conference call to follow on Thursday, July 27, 2023.
Key Points:
- Earnings Release Date – Wednesday, July 26, 2023, after 3:30 p.m. Central Time
Conference Call Date – Thursday, July 27, 2023, at 10:00 a.m. Central Time
SPRINGFIELD, Mo., July 03, 2023 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, announces the release date for its second quarter 2023 results as Wednesday, July 26, 2023, with a conference call to follow on Thursday, July 27, 2023.
- The Company’s second quarter 2023 results will be released after 3:30 p.m. Central Time on Wednesday, July 26, 2023, and can be viewed, at that time, on the Company’s website at www.OReillyAuto.com by clicking on “Investor Relations” and then “News Room.”
Investors are invited to listen to the Company’s conference call discussing the financial results for the second quarter of 2023, on Thursday, July 27, 2023, at 10:00 a.m. Central Time, via webcast on the Company’s website at www.OReillyAuto.com by clicking on “Investor Relations” and then “News Room.” Interested analysts are invited to join the call.
- The dial-in number for the call is (888) 506-0062 and the conference call identification number is 273805.
- A replay of the conference call will be available on the Company’s website through July 26, 2024.
