Welcome to our dedicated page for O'Reilly Automotive news (Ticker: ORLY), a resource for investors and traders seeking the latest updates and insights on O'Reilly Automotive stock.
O'Reilly Automotive, Inc. (symbol: ORLY) is a prominent retail chain specializing in aftermarket automotive parts. Founded by C.F. and Chub O'Reilly on December 2, 1957, the company started with just one store in Springfield, Missouri, and has since expanded to operate over 6,000 stores across the United States and Mexico.
With a commitment to exceptional customer service and extensive auto parts availability, O'Reilly serves both the do-it-yourself market (55% of sales) and professional installers (45% of sales). The company's robust hub-and-spoke distribution network ensures that each store maintains a comprehensive inventory to meet varied customer needs effectively.
Over the years, O'Reilly has experienced significant financial growth. Starting with first-year sales of $700,000, the company reached $1.3 million by 1961. Today, O'Reilly generates nearly $16 billion in annual sales, reflecting its strong market presence and operational excellence.
O'Reilly's long-term success is bolstered by its dedicated team of over 68,000 members, who contribute to its ongoing expansion and innovation. The company also invests in strategic partnerships, such as its collaboration with Vast-Auto Distribution, to enhance its service offerings and supply chain efficiency.
Despite operating in a fragmented industry, O'Reilly distinguishes itself through superior customer support throughout the vehicle diagnosis and purchasing process. Its localized store network ensures that customers can access the right parts for various vehicle makes and models promptly, cementing O'Reilly's reputation as a leader in the automotive aftermarket industry.
O'Reilly Automotive, Inc. (Nasdaq: ORLY) has announced its third quarter 2021 earnings release date for Wednesday, October 27, 2021, at 3:30 p.m. Central Time. A conference call will follow on Thursday, October 28, 2021, at 10:00 a.m. Central Time for investors to discuss the results. O'Reilly is one of the largest specialty retailers in the automotive aftermarket industry, operating 5,710 stores in the U.S. and 22 in Mexico as of June 30, 2021. For more information, visit the Company's website.
O’Reilly Automotive (Nasdaq: ORLY) reported record revenue and earnings for Q2 2021, with a 9.9% increase in comparable store sales and a 17% rise in diluted earnings per share to $8.33. Revenue grew 12% to $3.47 billion, while net income rose 10% to $585 million. Year-to-date metrics also showed robust growth, with 39% higher diluted earnings per share. The company raised its full-year guidance, predicting 5% to 7% growth in comparable store sales and $26.80 to $27.00 in diluted earnings per share, amid ongoing pandemic uncertainty.
O'Reilly Automotive, Inc. (Nasdaq: ORLY) announced the release date for its second quarter 2021 earnings on July 28, 2021, after 3:30 p.m. Central Time. The subsequent conference call will be held on July 29, 2021, at 10:00 a.m. Central Time. The results will be accessible on the company’s website under the Investor Relations section. O'Reilly is a leading retailer in the automotive aftermarket industry, operating 5,660 stores in 47 U.S. states and 22 stores in Mexico as of March 31, 2021.
O'Reilly Automotive (ORLY) reported record earnings for Q1 2021, with a 24.8% increase in comparable store sales and a 63% rise in operating income. Total revenue reached $3.09 billion, up from $2.48 billion a year prior, while diluted earnings per share surged 78% to $7.06. The company raised its full-year sales guidance from -2% to flat to 1% to 3%, citing strong performance driven by government stimulus and favorable weather conditions. O'Reilly also repurchased shares worth $665 million in the first quarter.
The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine has selected O'Reilly Automotive Inc. (ORLY) as its "Stock to Study" and Masco Corp. (MAS) as its "Undervalued Stock" for the June/July 2021 issue. This announcement coincides with the distribution of stimulus checks, prompting Americans to consider investments wisely. The committee emphasizes the importance of investor education and provides resources to study these stocks further.
O'Reilly Automotive, Inc. (Nasdaq: ORLY) has announced that it will release its first quarter 2021 earnings results on April 28, 2021, at 3:30 p.m. Central Time. The results will be available on the company's website. Subsequently, a conference call to discuss these results will occur on April 29, 2021, at 10:00 a.m. Central Time. O'Reilly is a leading retailer in the automotive aftermarket, operating 5,594 stores in the U.S. and 22 in Mexico as of December 31, 2020.
O'Reilly Automotive (Nasdaq: ORLY) announced leadership changes effective after its Annual Meeting on May 13, 2021. Greg Henslee will become Executive Chairman, succeeding David O'Reilly, who will transition to Executive Vice Chairman. This succession is part of a broader strategy to enhance board diversity and governance. Henslee, with over 37 years in the automotive aftermarket industry, previously served as CEO and has a track record of significant shareholder returns. David O'Reilly plans to remain actively involved in company operations as Executive Vice Chairman.
O'Reilly Automotive (Nasdaq: ORLY) reported record revenue for Q4 and full-year 2020, marking 28 consecutive years of comparable store sales growth. Q4 comparable store sales rose 11.2%, with diluted EPS increasing by 27% to $5.40. Full-year net income reached $1.75 billion, up 26%, and diluted EPS rose 32% to $23.53. The company repurchased 4.8 million shares in 2020, increasing its repurchase program by $1 billion to $15.75 billion. 2021 projections indicate potential comparable store sales decline of 2% to flat but anticipate strong financial results.
O’Reilly Automotive (Nasdaq: ORLY) announced the release date for its fourth quarter and full-year 2020 financial results, set for February 10, 2021, after 3:30 p.m. Central Time. The company will hold a conference call on February 11, 2021, at 10:00 a.m. Central Time to discuss these results. O’Reilly is a major player in the automotive aftermarket industry, with 5,592 stores in the U.S. and 21 in Mexico, serving both DIY and professional markets.
O’Reilly Automotive (Nasdaq: ORLY) reported a strong third quarter for 2020, achieving a 16.9% increase in comparable store sales and a 20.3% total sales growth, reaching $3.21 billion. Diluted earnings per share rose 39% to $7.07, with net income increasing 35% to $527 million. The company also announced a $1.0 billion increase in its stock repurchase program, raising the total authorization to $14.75 billion. Despite these successes, the company has suspended guidance due to ongoing pandemic-related uncertainties.
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