Group 1: Company Overview - O'Reilly Automotive is primarily a retailer of auto parts, serving both do-it-yourself and professional markets, with approximately 6,400 stores across North America [2] Group 2: Growth Strategies - The company plans to open around 200 new locations in 2025, and same-store sales increased by 3.6% in the first quarter of 2025, contributing to reasonable top-line growth [4] Group 3: Financial Performance - In the first quarter of 2025, O'Reilly's sales increased by 4%, while earnings rose only about 2%, indicating a disparity between sales growth and earnings growth [5][6] - Despite a 4% increase in sales, the company's net income fell from $547 million in Q1 2024 to $538 million in Q1 2025 due to rising selling, general, and administrative costs [8] - Earnings per share increased from $9.20 in Q1 2024 to $9.35 in Q1 2025, attributed to a 3% reduction in share count, despite lower net income [9][10] Group 4: Operational Challenges - The increase in operating costs has been a significant factor affecting profitability, with the earnings advance year over year being around 1.6%, suggesting that stock buybacks only partially mitigated the impact of rising costs [11]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ O'REILLY AUTOMOTIVE, INC. (Exact name of registrant as specified in its charter) incorporation or organization) Missouri 000-21318 27-4358837 (State ...

I focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to long-term. Ultimately, I aim to identify companies with solid fundamentals, sustainable competitive advantages, and growth potential.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the comp ...

O'Reilly Automotive, Inc. (NASDAQ:ORLY) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Jeremy Fletcher - Executive Vice President and Chief Financial Officer Brad Beckham - Chief Executive Officer Brent Kirby - President Conference Call Participants Michael Lasser - UBS Simeon Gutman - Morgan Stanley Greg Melich - Evercore Chris Bottiglieri - BNP Robbie Ohmes - Bank of America Kate McShane - Goldman Sachs Christopher Horvers - JPMorgan Operator Welcome to the O'Reilly Autom ...

O’Reilly Automotive, Inc. (ORLY) reported first-quarter 2025 adjusted earnings per share (EPS) of $9.35, which lagged the Zacks Consensus Estimate of $9.83. The bottom line, however, increased from $9.20 reported in the prior-year quarter.The automotive parts retailer registered quarterly revenues of $4.14 billion, missing the Zacks Consensus Estimate of $4.17 billion. The top line, however, increased 4% year over year.During the quarter, comparable store sales grew 3.6%. The company opened 38 stores in the ...

Financial Performance - First quarter 2025 revenue increased by $161 million, or 4%, to $4.14 billion from $3.98 billion year-over-year[2] - Comparable store sales grew by 3.6% in the first quarter, following a 3.4% increase in the same period last year[5] - Gross profit for the first quarter rose 4% to $2.12 billion, representing 51.3% of sales, compared to 51.2% of sales last year[2] - Net income decreased by $9 million, or 2%, to $538 million, which is 13.0% of sales, down from 13.8% last year[3] - Sales for the three months ended March 31, 2025, reached $4.14 billion, up from $3.98 billion in the same period of 2024, representing a year-over-year increase of 4.02%[18] - Net income for the three months ended March 31, 2025, was $538.49 million, compared to $547.24 million in 2024, a decline of 1.36%[18] - Earnings per share (basic) increased to $9.40 for Q1 2025, compared to $9.27 in Q1 2024, reflecting a growth of 1.40%[18] Guidance and Future Plans - The company maintained its full-year comparable store sales guidance of 2.0% to 4.0%[2] - Total revenue guidance for 2025 is set between $17.4 billion and $17.7 billion[7] - Operating income as a percentage of sales is expected to be between 19.2% and 19.7% for the full year[7] - The company plans to open 200 to 210 new stores in 2025, with 38 net new store openings in the first quarter[7] - The company plans to continue its growth strategy with a focus on new store openings and potential acquisitions in key markets[22] Cash Flow and Assets - Net cash provided by operating activities for the first quarter was $755 million[4] - Net cash provided by operating activities was $755.12 million for the three months ended March 31, 2025, compared to $704.22 million in 2024, an increase of 7.24%[19] - Free cash flow for the first quarter of 2025 was $455.24 million, up from $438.86 million in the same period of 2024, representing a growth of 3.70%[21] - Total assets increased to $15.29 billion as of March 31, 2025, compared to $14.21 billion a year earlier, reflecting a growth of 7.57%[16] Inventory and Liabilities - Total current liabilities increased to $8.51 billion as of March 31, 2025, from $7.89 billion a year earlier, marking a rise of 7.83%[16] - Inventory turnover ratio was 1.6 for the twelve months ended March 31, 2025, slightly down from 1.7 in 2024, suggesting a minor decrease in inventory efficiency[21] - The company maintained a stable inventory management strategy, with inventory calculated as accounts payable divided by inventory[23] Store Expansion and Employment - The total number of domestic stores increased to 6,298, with 33 new stores opened during the quarter, compared to 36 new stores opened in the same quarter of 2024[22] - The company expanded its presence in Mexico, opening 6 new stores, bringing the total to 93, up from 63 in the previous year[22] - Total employment rose to 93,419, an increase from 90,601 in the prior year, indicating growth in workforce to support expansion[22] - The total ending store count across all regions reached 6,416, an increase from 6,217 in the previous year, reflecting ongoing market expansion efforts[22] Sales Performance - Sales to do-it-yourself customers amounted to $2,051,859, up from $2,003,805, while sales to professional service provider customers increased to $1,998,593 from $1,875,186, reflecting strong demand in both segments[22] - The weighted-average sales per square foot for the three months ended March 31, 2025, was $82.22, slightly down from $82.59 in the same period of 2024[22] - Sales per weighted-average store for the twelve months ended March 31, 2025, was $2,650, compared to $2,601 in the previous year, showing improved productivity[22] Debt Management - Adjusted debt to EBITDAR ratio improved to 2.03 in 2025 from 1.95 in 2024, indicating better leverage management[21]

Core Insights - O'Reilly Automotive, Inc. reported record revenue for Q1 2025, with a total revenue of $4.14 billion, an increase of $161 million or 4% compared to $3.98 billion in Q1 2024 [2][3] - Comparable store sales increased by 3.6% in Q1 2025, building on a 3.4% increase in the same period last year, driven by growth in both professional and DIY segments [2][4] - The company maintains its full-year comparable store sales guidance of 2.0% to 4.0% and plans to open 200 to 210 new stores by the end of 2025 [2][8] Financial Performance - Gross profit for Q1 2025 was $2.12 billion, representing 51.3% of sales, up from $2.03 billion or 51.2% of sales in Q1 2024 [2][3] - Selling, general, and administrative expenses rose by 8% to $1.38 billion, accounting for 33.4% of sales, compared to 32.2% in the previous year [2] - Operating income decreased by 1% to $741 million, or 17.9% of sales, down from $752 million or 18.9% of sales in Q1 2024 [2][3] Net Income and Earnings - Net income for Q1 2025 was $538 million, a decrease of $9 million or 2% from $547 million in Q1 2024, representing 13.0% of sales compared to 13.8% [3][18] - Diluted earnings per share increased by 2% to $9.35 on 58 million shares, compared to $9.20 on 59 million shares in the same period last year [3][18] Share Repurchase Program - In Q1 2025, the company repurchased 0.4 million shares at an average price of $1,297.15, totaling an investment of $559 million [5][7] - An additional 0.1 million shares were repurchased after Q1 at an average price of $1,378.80, totaling $122 million [5][7] Cash Flow and Capital Expenditures - Net cash provided by operating activities for Q1 2025 was $755 million, an increase from $704 million in Q1 2024 [6][23] - Capital expenditures for Q1 2025 were $287 million, compared to $249 million in the same period last year [19][23] Store Expansion - The company opened 38 new stores in Q1 2025, contributing to a total of 6,416 stores across the U.S., Puerto Rico, Mexico, and Canada as of March 31, 2025 [2][24] - The company plans to continue its expansion strategy with a target of 200 to 210 new store openings for the full year [8][24]

First quarter comparable store sales growth of 3.6%$755 million net cash provided by operating activities in first quarter 2025 SPRINGFIELD, Mo., April 23, 2025 (GLOBE NEWSWIRE) -- O’Reilly Automotive, Inc. (the “Company” or “O’Reilly”) (Nasdaq: ORLY), a leading retailer in the automotive aftermarket industry, today announced record revenue for its first quarter ended March 31, 2025. 1st Quarter Financial Results Brad Beckham, O’Reilly’s CEO, commented, “We are pleased to report a solid start to 2025, highl ...

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Wall Street analysts forecast that O'Reilly Automotive (ORLY) will report quarterly earnings of $9.83 per share in its upcoming release, pointing to a year-over-year increase of 6.9%. It is anticipated that revenues will amount to $4.17 billion, exhibiting an increase of 4.9% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the cour ...