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. reports recurring developments as a specialty retailer of automotive aftermarket parts, tools, supplies, equipment, and accessories. The company serves do-it-yourself customers and professional service providers through a store network spanning the United States, Puerto Rico, Mexico, and Canada.
Company news centers on quarterly and annual earnings, comparable store sales, diluted earnings per share, operating cash flow, store openings, and distribution capacity. Updates also cover earnings-call schedules, financial guidance, customer-channel performance across DIY and professional markets, and completed capital actions such as its forward stock split.
O'Reilly Automotive (ORLY) has announced a 15-for-1 stock split, pending shareholder approval at the annual meeting on May 15, 2025. The split requires approval to increase authorized common stock shares and will be executed as a special stock dividend.
Shareholders of record as of June 2, 2025, will receive 14 additional shares for each share held, with distribution after market close on June 9, 2025. Trading on a post-split basis begins June 10, 2025.
CEO Brad Beckham highlighted the company's strong performance since its 1993 IPO, noting a 4,330% total share price increase (approximately 21% annualized) since their last stock split in 2005. The split aims to make shares more accessible to employees, who can purchase stock through payroll deductions at a 15% discount.
As of December 31, 2024, O'Reilly operates 6,378 stores across 48 U.S. states, Puerto Rico, Mexico, and Canada.
O'Reilly Automotive (ORLY) reported strong Q4 2024 results with comparable store sales growth of 4.4% and full-year growth of 2.9%. Q4 sales increased 7% to $4.10 billion, while gross profit rose 7% to $2.10 billion. Operating income grew 3% to $739 million, though net income slightly decreased to $551 million.
For full-year 2024, sales increased 6% to $16.71 billion, with net income rising 2% to $2.39 billion. The company successfully opened 198 net new stores and completed the relocation of its Atlanta distribution center. Share repurchases totaled $2.08 billion for 1.9 million shares in 2024.
Looking ahead to 2025, O'Reilly projects comparable store sales growth of 2.0% to 4.0%, total revenue between $17.4-17.7 billion, and plans to open 200-210 new stores. The company expects diluted earnings per share of $42.60-$43.10.
O'Reilly Automotive (NASDAQ: ORLY) has announced its schedule for the fourth quarter and full-year 2024 financial results release. The earnings report will be published on Wednesday, February 5, 2025, after 3:30 p.m. Central Time, followed by a conference call on Thursday, February 6, 2025, at 10:00 a.m. Central Time.
The conference call will be accessible via webcast on the company's website, with a dial-in number (888) 506-0062 and conference ID 186296 available for analysts. A replay will remain available through February 5, 2026. As of September 30, 2024, O'Reilly operated 6,291 stores across 48 U.S. states, Puerto Rico, Mexico, and Canada, serving both do-it-yourself and professional service provider markets.
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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