Welcome to our dedicated page for Oreilly Automotive news (Ticker: ORLY), a resource for investors and traders seeking the latest updates and insights on Oreilly Automotive stock.
O’Reilly Automotive, Inc. (ORLY) is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment, and accessories, with thousands of stores across 48 U.S. states, Puerto Rico, Mexico, and Canada. This news page focuses on company developments that O’Reilly highlights in its press releases and SEC-related communications.
Visitors can review quarterly earnings announcements, where O’Reilly reports sales, comparable store sales performance, net income, and other key metrics for the DIY and professional service provider markets it serves. These releases often include management commentary on factors influencing results, progress on store expansion, and updates to full-year guidance ranges for metrics such as comparable store sales and net new store openings.
The news flow also includes earnings release and conference call date announcements, which outline when quarterly or full-year results will be published and when management will host conference calls. These announcements provide details such as the scheduled release time, conference call time, and access information for webcasts and dial-in lines.
In addition, O’Reilly issues press releases on corporate actions and capital allocation decisions, such as the approval of a 15-for-1 stock split and changes to the authorization amount under its share repurchase program. These items give context on how the company manages its capital structure and engages with shareholders.
For investors and followers of ORLY stock, this news page offers a centralized view of the company’s publicly released information, from financial results and guidance updates to announcements about store growth and board-approved actions. Reviewing these items together can help readers understand how O’Reilly communicates its performance, strategy, and key milestones over time.
O'Reilly Automotive (ORLY) reported Q3 2024 results with revenue increasing 4% to $4.36 billion and comparable store sales growth of 1.5%. Net income rose 2% to $665 million, with diluted EPS up 6% to $11.41. The company updated its full-year 2024 guidance, tightening comparable store sales expectations to 2.0-3.0% from previous 2.0-4.0%. Gross profit increased 4% to $2.25 billion, while operating income remained flat at $897 million. During Q3, the company repurchased 0.5 million shares for $541 million and operated 6,291 stores across U.S., Puerto Rico, Mexico, and Canada.
O'Reilly Automotive, a leading retailer in the automotive aftermarket industry, announced the release date for its third quarter 2024 financial results. The results will be available on Wednesday, October 23, 2024, after 3:30 p.m. Central Time, on the company's website. A conference call to discuss these results will be held on Thursday, October 24, 2024, at 10:00 a.m. Central Time. The call is accessible via webcast on the company's website, and a replay will be available until October 23, 2025. O'Reilly operates 6,244 stores across the U.S., Puerto Rico, Mexico, and Canada as of June 30, 2024.
O'Reilly Automotive (ORLY) reported its Q2 2024 results, showing revenue growth of 5% to $4.27 billion and a comparable store sales increase of 2.3%. The company's diluted EPS rose 3% to $10.55. For the first half of 2024, sales increased 6% to $8.25 billion, with diluted EPS up 7% to $19.75. O'Reilly opened 64 new stores in the U.S. and Mexico during this period.
Due to a challenging demand environment, O'Reilly updated its full-year 2024 guidance, lowering the comparable store sales forecast to 2.0-4.0% from 3.0-5.0%. The company maintains its target of 190-200 net new store openings for the year. O'Reilly also continued its share repurchase program, buying back 0.8 million shares for $794 million in Q2.
O'Reilly Automotive, a leading automotive aftermarket retailer, will release its Q2 2024 earnings on July 24, 2024, after 3:30 p.m. Central Time. The company will host a follow-up conference call on July 25, 2024, at 10:00 a.m. Central Time. Investors can access the results and the webcast through the company's website. A replay of the call will be available until July 24, 2025. O'Reilly Automotive, founded in 1957, operates 6,217 stores across the U.S., Puerto Rico, Mexico, and Canada, catering to DIY customers and professional service providers.
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