Form 8-K · Current Report · Filed 2025-02-05
O'Reilly Automotive Announces 2024 Fourth Quarter and Full-Year Earnings Beat
O'Reilly Automotive Inc. reported a strong finish to 2024 with a 4.4% growth in comparable store sales for Q4 and 2.9% for the full year, driven by solid growth in both professional and DIY segments. The company reported a 7% increase in sales to $4.10 billion for Q4 and a 6% increase to $16.71 billion for the full year. Net income slightly decreased by $1 million for Q4 but increased by $40 million for the full year. Diluted earnings per share increased from $9.26 to $9.50 for Q4 and from $38.47 to $40.66 for the full year, indicating an Earnings Beat. The company also provided guidance for 2025, expecting comparable store sales growth of 2.0% to 4.0%.
- Filer
- O'Reilly Automotive Inc. ORLY · NASDAQ
- Filed
- Accession
- 0000898173-25-000005
- CIK
- 0000898173
- Signal
- Medium impactConsumer Cyclical
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$88.95
Next session
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Since filing
+0.5%
Latest close
$89.35
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Precedent
Previous filings from ORLY reporting the same item, with the next session's move:
Exhibits (1)
About O'Reilly Automotive Inc.
O'Reilly Automotive Inc. is a prominent player in the automotive aftermarket industry, primarily operating as a retailer of automotive parts, tools, supplies, equipment, and accessories in the United States. The company’s core function involves serving both professional service providers and do-it-yourself customers by offering a wide range of replacement parts, maintenance items, and specialized tools across its extensive network of stores. O'Reilly Automotive's robust distribution system ensures that products are readily available to meet customer demand, reflecting their commitment to customer service and inventory management. Notable features of O'Reilly Automotive include its expansion strategy and acquisition history, which have allowed it to grow its market presence significantly. The company operates through a vast number of retail locations across the U.S., contributing to its substantial footprint in the automotive parts market. With a focus on furthering customer experience through technological innovation and enhanced product offerings, O'Reilly continues to uphold its reputation as a leader in the automotive aftermarket sector. Its significant role in the market underscores the critical nature of automotive parts retailers in ensuring the efficiency and longevity of vehicles nationwide.
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