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O’Reilly Automotive, Inc. Reports First Quarter 2025 Results

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O'Reilly Automotive (ORLY) reported first quarter 2025 results with revenue increasing 4% to $4.14 billion, driven by a 3.6% comparable store sales growth. The company saw mid-single digit growth in professional sales and low-single digit growth in DIY sales.

Gross profit increased 4% to $2.12 billion, while operating income decreased 1% to $741 million. Net income declined 2% to $538 million, though diluted earnings per share increased 2% to $9.35. The company repurchased 0.4 million shares for $559 million during Q1.

O'Reilly maintained its full-year 2025 guidance with comparable store sales growth of 2.0% to 4.0%, total revenue of $17.4-17.7 billion, and diluted EPS of $42.90-43.40. The company opened 38 net new stores in Q1 and plans 200-210 new store openings for the full year.

O'Reilly Automotive (ORLY) ha riportato i risultati del primo trimestre 2025 con un fatturato in crescita del 4% a 4,14 miliardi di dollari, trainato da una crescita delle vendite comparabili del 3,6%. L'azienda ha registrato una crescita a cifra media singola nelle vendite professionali e a cifra bassa singola nelle vendite fai-da-te.

Il profitto lordo è aumentato del 4% raggiungendo 2,12 miliardi di dollari, mentre il reddito operativo è diminuito dell'1% a 741 milioni di dollari. L'utile netto è calato del 2% a 538 milioni di dollari, sebbene l'utile diluito per azione sia cresciuto del 2% a 9,35 dollari. Durante il primo trimestre la società ha riacquistato 0,4 milioni di azioni per 559 milioni di dollari.

O'Reilly ha confermato le previsioni per l'intero anno 2025 con una crescita delle vendite comparabili tra il 2,0% e il 4,0%, un fatturato totale tra 17,4 e 17,7 miliardi di dollari e un utile diluito per azione tra 42,90 e 43,40 dollari. Nel primo trimestre ha aperto 38 nuovi negozi netti e prevede di aprirne tra 200 e 210 nell'intero anno.

O'Reilly Automotive (ORLY) reportó resultados del primer trimestre de 2025 con ingresos que aumentaron un 4% hasta 4,14 mil millones de dólares, impulsados por un crecimiento del 3,6% en ventas comparables en tiendas. La compañía experimentó un crecimiento de un dígito medio en ventas profesionales y de un dígito bajo en ventas de bricolaje.

La ganancia bruta aumentó un 4% hasta 2,12 mil millones de dólares, mientras que el ingreso operativo disminuyó un 1% hasta 741 millones de dólares. La utilidad neta cayó un 2% hasta 538 millones de dólares, aunque las ganancias diluidas por acción aumentaron un 2% hasta 9,35 dólares. Durante el primer trimestre, la empresa recompró 0,4 millones de acciones por 559 millones de dólares.

O'Reilly mantuvo su guía para todo el año 2025 con un crecimiento de ventas comparables entre 2,0% y 4,0%, ingresos totales de 17,4 a 17,7 mil millones de dólares y ganancias diluidas por acción entre 42,90 y 43,40 dólares. La compañía abrió 38 tiendas netas nuevas en el primer trimestre y planea abrir entre 200 y 210 tiendas nuevas durante todo el año.

O'Reilly Automotive (ORLY)� 2025� 1분기 실적� 발표하며 매출� 4% 증가� 41� 4천만 달러� 기록했으�, 이는 3.6%� 동일 점포 매출 성장� 힘입은 결과입니�. 전문 판매� 중간 단위 수치� 성장, DIY 판매� 낮은 단위 수치� 성장� 보였습니�.

총이익은 4% 증가� 21� 2천만 달러� 기록했으�, 영업이익은 1% 감소� 7� 4,100� 달러� 기록했습니다. 순이익은 2% 감소� 5� 3,800� 달러였으나, 희석 주당순이익은 2% 증가� 9.35달러� 기록했습니다. 회사� 1분기 동안 40� 주를 5� 5,900� 달러� 자사� 매입했습니다.

O'Reilly� 2025� 연간 가이던스를 유지하며, 동일 점포 매출 성장� 2.0%에서 4.0%, 총매� 174억에� 177� 달러, 희석 주당순이� 42.90에서 43.40달러� 예상하고 있습니다. 1분기� � 신규 매장 38개를 개설했으�, 연간 200~210개의 신규 매장 개설� 계획하고 있습니다.

O'Reilly Automotive (ORLY) a publié ses résultats du premier trimestre 2025 avec un chiffre d'affaires en hausse de 4% à 4,14 milliards de dollars, porté par une croissance des ventes comparables en magasin de 3,6%. L'entreprise a enregistré une croissance à un chiffre moyen dans les ventes professionnelles et à un chiffre bas dans les ventes de bricolage.

Le bénéfice brut a augmenté de 4% pour atteindre 2,12 milliards de dollars, tandis que le résultat opérationnel a diminué de 1% à 741 millions de dollars. Le bénéfice net a baissé de 2% à 538 millions de dollars, bien que le bénéfice dilué par action ait progressé de 2% à 9,35 dollars. La société a racheté 0,4 million d'actions pour 559 millions de dollars au cours du premier trimestre.

O'Reilly a maintenu ses prévisions pour l'année complète 2025 avec une croissance des ventes comparables en magasin comprise entre 2,0% et 4,0%, un chiffre d'affaires total compris entre 17,4 et 17,7 milliards de dollars, et un bénéfice dilué par action compris entre 42,90 et 43,40 dollars. L'entreprise a ouvert 38 nouveaux magasins nets au premier trimestre et prévoit d'ouvrir entre 200 et 210 nouveaux magasins sur l'année.

O'Reilly Automotive (ORLY) meldete die Ergebnisse für das erste Quartal 2025 mit einem Umsatzanstieg von 4% auf 4,14 Milliarden US-Dollar, angetrieben durch ein vergleichbares Filialumsatzwachstum von 3,6%. Das Unternehmen verzeichnete ein Wachstum im mittleren einstelligen Bereich bei den professionellen Verkäufen und ein Wachstum im niedrigen einstelligen Bereich bei den Heimwerkerverkäufen.

Der Bruttogewinn stieg um 4% auf 2,12 Milliarden US-Dollar, während das Betriebsergebnis um 1% auf 741 Millionen US-Dollar zurückging. Der Nettogewinn sank um 2% auf 538 Millionen US-Dollar, obwohl der verwässerte Gewinn je Aktie um 2% auf 9,35 US-Dollar zunahm. Im ersten Quartal kaufte das Unternehmen 0,4 Millionen Aktien im Wert von 559 Millionen US-Dollar zurück.

O'Reilly bestätigte seine Prognose für das Gesamtjahr 2025 mit einem vergleichbaren Filialumsatzwachstum von 2,0% bis 4,0%, einem Gesamtumsatz von 17,4 bis 17,7 Milliarden US-Dollar und einem verwässerten Gewinn je Aktie von 42,90 bis 43,40 US-Dollar. Im ersten Quartal wurden netto 38 neue Filialen eröffnet, und für das Gesamtjahr sind 200 bis 210 Neueröffnungen geplant.

Positive
  • Comparable store sales growth of 3.6%, at high end of expectations
  • Gross profit increased 4% to $2.12 billion
  • Strong store expansion with 38 new stores in Q1
  • Maintained positive full-year guidance for 2025
Negative
  • Operating income decreased 1% to $741 million
  • Net income declined 2% to $538 million
  • Operating margin decreased from 18.9% to 17.9%
  • SG&A expenses increased 8% to $1.38 billion

Insights

O'Reilly delivered mixed Q1 results with solid 3.6% comparable sales growth but declining profit margins amid higher operating expenses.

O'Reilly Automotive's Q1 2025 results present a mixed financial picture. The company achieved revenue growth of 4% to $4.14 billion, with comparable store sales increasing 3.6% � at the high end of management's expectations. This growth was driven by mid-single digit increases in professional business and low-single digit growth in DIY segments.

However, profitability metrics reveal mounting cost pressures. While gross profit increased 4% to $2.12 billion with a slight margin improvement to 51.3%, selling, general and administrative expenses surged 8% to $1.38 billion. This SG&A growth rate � double that of revenue growth � compressed the operating margin to 17.9% from 18.9% a year ago. Consequently, operating income decreased 1% to $741 million and net income declined 2% to $538 million.

Despite lower net income, O'Reilly delivered diluted EPS growth of 2% to $9.35, benefiting from an aggressive share repurchase program that reduced the share count from 59 million to 58 million year-over-year. The company invested $559 million to repurchase 0.4 million shares in Q1 at an average price of $1,297.15.

O'Reilly continues its store expansion strategy, opening 38 net new locations in Q1, and maintains its full-year target of 200-210 new stores. Management expressed confidence in the business by maintaining full-year comparable store sales guidance of 2-4% despite mentioning uncertainty around the changing tariff landscape.

The cash generation remains strong, with $755 million provided by operating activities in Q1. However, investors should note the contrast between top-line growth and declining operating profits, suggesting challenges in controlling operating expenses in the current environment.

  • 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 March31,2025.

1st Quarter Financial Results

Brad Beckham, O’Reilly’s CEO, commented, “We are pleased to report a solid start to 2025, highlighted by a 3.6% comparable store sales increase, which was at the high end of our expectations for the quarter. Our comparable store sales increase was comprised of solid growth in both professional and DIY, which grew mid-single digit and low-single digit, respectively, in the first quarter. We are confident in the strength of the fundamental demand drivers in our business, and our Team’s strong execution continues to generate share gains. I would like to express my appreciation to each of our over 93,000 Team Members for their hard work and unwavering dedication to our business and customers.�

Mr. Beckham concluded, “We are maintaining our full-year comparable store sales guidance range of 2.0% to 4.0% and have not changed the key assumptions behind this guidance range from our original guidance. The changing tariff landscape brings with it a high degree of uncertainty, and the fluid nature of the implementation of tariff adjustments makes it difficult for us to predict the impact to our business and our customers. What we know for certain is that our Team remains absolutely dedicated to providing the highest levels of customer service and best-in-class parts availability, regardless of external market conditions. We also continue to be optimistic about our growth opportunities and are pressing forward with our store and distribution expansion plans with 38 net, new store openings in the first quarter. Our unrelenting daily commitment to excellent customer service is the key to our past and future success, and we believe it will fuel the growth we have planned for 2025.�

Sales for the first quarter ended March31,2025, increased $161 million, or 4%, to $4.14 billion from $3.98 billion for the same period one year ago. Gross profit for the first quarter increased 4% to $2.12 billion (or 51.3% of sales) from $2.03 billion (or 51.2% of sales) for the same period one year ago. Selling, general and administrative expenses for the first quarter increased 8% to $1.38 billion (or 33.4% of sales) from $1.28 billion (or 32.2% of sales) for the same period one year ago. Operating income for the first quarter decreased 1% to $741 million (or 17.9% of sales) from $752 million (or 18.9% of sales) for the same period one year ago.

Net income for the first quarter ended March31,2025, decreased $9 million, or 2%, to $538 million (or 13.0% of sales) from $547 million (or 13.8% of sales) for the same period one year ago. Diluted earnings per common share for the first quarter increased 2% to $9.35 on 58 million shares versus $9.20 on 59 million shares for the same period one year ago.

1st Quarter Comparable Store Sales Results

Comparable store sales are calculated based on the change in sales for U.S. stores open at least one year and exclude sales of specialty machinery, sales to independent parts stores, and sales to Team Members, as well as sales from Leap Day for the three months ended March31,2024. Online sales for ship-to-home orders and pick-up-in-store orders for U.S. stores open at least one year are included in the comparable store sales calculation. Comparable store sales increased 3.6% for the first quarter ended March31,2025, on top of 3.4% for the same period one year ago.

Share Repurchase Program

During the first quarter ended March31,2025, the Company repurchased 0.4 million shares of its common stock, at an average price per share of $1,297.15, for a total investment of $559 million. Excise tax on shares repurchased, assessed at one percent of the fair market value of shares repurchased, was $5.6 million for the three months ended March31,2025. Subsequent to the end of the first quarter and through the date of this release, the Company repurchased an additional 0.1 million shares of its common stock, at an average price per share of $1,378.80, for a total investment of $122 million. The Company has repurchased a total of 96.5 million shares of its common stock under its share repurchase program since the inception of the program in January of 2011 and through the date of this release, at an average price of $268.65, for a total aggregate investment of $25.94 billion. As of the date of this release, the Company had approximately $1.81 billion remaining under its current share repurchase authorization.

Updated Full-Year 2025 Guidance

The table below outlines the Company’s updated guidance for selected full-year 2025 financial data:

FortheYearEnding
December 31, 2025
Net, new store openings200 to 210
Comparable store sales2.0% to 4.0%
Total revenue$17.4 billion to $17.7 billion
Gross profit as apercentage of sales51.2% to 51.7%
Operating income as apercentage of sales19.2% to 19.7%
Effective income tax rate22.4%
Diluted earnings per share (1)$42.90 to $43.40
Net cash provided by operating activities$2.8 billion to $3.2 billion
Capital expenditures$1.2 billion to $1.3 billion
Free cash flow (2)$1.6 billion to $1.9 billion


(1) Weighted-average shares outstanding, assuming dilution, used in the denominator of this calculation, includes share repurchases made by the Company through the date of this release.
(2) Free cash flow is a non-GAAP financial measure. The table below reconciles Free cash flow guidance to Net cash provided by operating activities guidance, the most directly comparable GAAP financial measure:


FortheYearEnding
(in millions)
December 31, 2025
Net cash provided by operating activities
$2,810to$3,220
Less:Capital expenditures1,200to1,300
Excess tax benefit from share-based compensation payments10to20
Free cash flow
$1,600to$1,900

Non-GAAP Information

This release contains certain financial information not derived in accordance with United States generally accepted accounting principles (“GAAP�). These items include adjusted debt to earnings before interest, taxes, depreciation, amortization, share-based compensation, and rent (“EBITDAR�) and free cash flow. The Company does not, nor does it suggest investors should, consider such non-GAAP financial measures in isolation from, or as a substitute for, GAAP financial information. The Company believes that the presentation of adjusted debt to EBITDAR and free cash flow provide meaningful supplemental information to both management and investors that is indicative of the Company’s core operations. The Company has included a reconciliation of this additional information to the most comparable GAAP measure in the table above and the selected financial information below.

Earnings Conference Call Information

The Company will host a conference call on Thursday, April 24, 2025, at 10:00 a.m. Central Time to discuss its results as well as future expectations. Investors may listen to the conference call live on the Company’s website at www.OReillyAuto.com by clicking on “Investor Relations.� Interested analysts are invited to join the call. The dial-in number for the call is (888) 506-0062 and the conference call identification number is 256299. A replay of the conference call will be available on the Company’s website through Thursday, April 23, 2026.

About O’Reilly Automotive, Inc.

O’Reilly Automotive, Inc. was founded in 1957 by the O’Reilly family and is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, serving both the do-it-yourself and professional service provider markets. Visit the Company’s website at www.OReillyAuto.com for additional information about O’Reilly, including access to online shopping and current promotions, store locations, hours and services, employment opportunities, and other programs. As of March31,2025, the Company operated 6,416 stores across 48 U.S. states, Puerto Rico, Mexico, and Canada.

Forward-Looking Statements

The Company claims the protection of the safe-harbor for forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by forward-looking words such as “estimate,� “may,� “could,� “will,� “believe,� “expect,� “would,� “consider,� “should,� “anticipate,� “project,� “plan,� “intend,� “guidance,� “target,� or similar words. In addition, statements contained within this press release that are not historical facts are forward-looking statements, such as statements discussing, among other things, expected growth, store development, integration and expansion strategy, business strategies, future revenues, and future performance. These forward-looking statements are based on estimates, projections, beliefs, and assumptions and are not guarantees of future events and results. Such statements are subject to risks, uncertainties, and assumptions, including, but not limited to, the economy in general; inflation; consumer debt levels; product demand; a public health crisis; the market for auto parts; competition; weather; trade disputes, including the imposition of new or increased tariffs; availability of key products and supply chain disruptions; business interruptions, including terrorist activities, war and the threat of war; failure to protect our brand and reputation; challenges in international markets; volatility of the market price of our common stock; our increased debt levels; credit ratings on public debt; damage, failure, or interruption of information technology systems, including information security and cyber-attacks; historical growth rate sustainability; our ability to hire and retain qualified employees; risks associated with the performance of acquired businesses; and governmental regulations. Actual results may materially differ from anticipated results described or implied in these forward-looking statements. Please refer to the “Risk Factors� section of the annual report on Form 10-K for the year ended December31,2024, and subsequent Securities and Exchange Commission filings, for additional factors that could materially affect the Company’s financial performance. Forward-looking statements speak only as of the date they were made, and the Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.

For further information contact:Investor Relations Contacts
Leslie Skorick (417) 874-7142
Eric Bird (417) 868-4259
Media Contact
Sonya Cox (417) 829-5709


O’REILLY AUTOMOTIVE, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except share data)
March31,2025March31,2024December31,2024
(Unaudited)(Unaudited)(Note)
Assets
Current assets:
Cash and cash equivalents$ 191,248$89,264$130,245
Accounts receivable, net 392,168437,821356,839
Amounts receivable from suppliers 129,921139,267139,091
Inventory 5,172,4364,805,1645,095,804
Other current assets 143,694128,181117,916
Total current assets 6,029,4675,599,6975,839,895
Property and equipment, at cost 9,450,3878,555,5569,192,254
Less: accumulated depreciation and amortization 3,684,6663,360,3513,587,098
Net property and equipment 5,765,7215,195,2055,605,156
Operating lease, right-of-use assets 2,374,1772,227,7832,324,638
Goodwill 933,1301,009,857930,161
Other assets, net 191,380180,512193,891
Total assets$ 15,293,875$14,213,054$14,893,741
Liabilities and shareholders� deficit
Current liabilities:
Accounts payable$ 6,535,532$6,117,068$6,524,811
Self-insurance reserves 154,013130,974149,387
Accrued payroll 132,965127,704107,495
Accrued benefits and withholdings 214,547174,125199,593
Income taxes payable 137,142147,6456,274
Current portion of operating lease liabilities 425,330399,245419,213
Other current liabilities 910,977791,633876,732
Total current liabilities 8,510,5067,888,3948,283,505
Long-term debt 5,651,8215,288,6325,520,932
Operating lease liabilities, less current portion 2,026,6681,900,2001,980,705
Deferred income taxes 236,572321,323247,599
Other liabilities 225,764205,703231,961
Shareholders� equity (deficit):
Common stock, $0.01 par value:
Authorized shares � 245,000,000
Issued and outstanding shares �
57,113,515 as of March31,2025,
58,982,123 as of March31,2024, and
57,482,184 as of December31,2024 571590575
Additional paid-in capital 1,484,7371,410,7561,462,565
Retained deficit (2,805,929)(2,849,108)(2,791,288)
Accumulated other comprehensive (loss) income (36,835)46,564(42,813)
Total shareholders� deficit (1,357,456)(1,391,198)(1,370,961)
Total liabilities and shareholders� deficit$ 15,293,875$14,213,054$14,893,741

Note: The balance sheet at December31,2024, has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by United States generally accepted accounting principles for complete financial statements.

O’REILLY AUTOMOTIVE, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(Unaudited)
(In thousands, except per share data)
Forthe Three Months Ended
March31,
20252024
Sales$ 4,136,924$3,976,240
Cost of goods sold, including warehouse and distribution expenses 2,015,4391,942,068
Gross profit 2,121,4852,034,172
Selling, general and administrative expenses 1,380,0191,281,691
Operating income 741,466752,481
Other income (expense):
Interest expense (57,564)(57,148)
Interest income 1,6641,656
Other, net (1,215)3,401
Total other expense (57,115)(52,091)
Income before income taxes 684,351700,390
Provision for income taxes 145,866153,152
Net income$ 538,485$547,238
Earnings per share-basic:
Earnings per share$ 9.40$9.27
Weighted-average common shares outstanding � basic 57,30459,017
Earnings per share-assuming dilution:
Earnings per share$ 9.35$9.20
Weighted-average common shares outstanding � assuming dilution 57,62259,454


O’REILLY AUTOMOTIVE, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
(In thousands)
Forthe Three Months Ended
March31,
20252024
Operating activities:
Net income$ 538,485$547,238
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property, equipment and intangibles 122,224109,648
Amortization of debt discount and issuance costs 1,8511,593
Deferred income taxes (11,159)2,374
Share-based compensation programs 8,4447,022
Other 3,1912,997
Changes in operating assets and liabilities:
Accounts receivable (37,758)(36,954)
Inventory (75,081)(92,042)
Accounts payable 9,9526,107
Income taxes payable 138,513140,025
Other 56,45816,207
Net cash provided by operating activities 755,120704,215
Investing activities:
Purchases of property and equipment (286,951)(249,240)
Proceeds from sale of property and equipment 1,9483,853
Other, including acquisitions, net of cash acquired(155,366)
Net cash used in investing activities (285,003)(400,753)
Financing activities:
Proceeds from borrowings on revolving credit facility30,000
Net proceeds (payments) of commercial paper 129,288(310,805)
Payment of debt issuance costs (3,801)
Repurchases of common stock (559,432)(270,019)
Net proceeds from issuance of common stock 24,92657,815
Other (433)(569)
Net cash used in financing activities (409,452)(493,578)
Effect of exchange rate changes on cash 338248
Net increase (decrease) in cash and cash equivalents 61,003(189,868)
Cash and cash equivalents at beginning of the period 130,245279,132
Cash and cash equivalents at end of the period$ 191,248$89,264
Supplemental disclosures of cash flow information:
Income taxes paid$ 16,904$9,798
Interest paid, net of capitalized interest 39,42434,671


O’REILLY AUTOMOTIVE, INC. AND SUBSIDIARIES
SELECTED FINANCIAL INFORMATION
(Unaudited)
For the Twelve Months Ended
March31,
Adjusted Debt to EBITDAR:20252024
(In thousands, except adjusted debt to EBITDAR ratio)
GAAP debt$ 5,651,821$5,288,632
Add:Letters of credit 127,264137,848
Unamortized discount and debt issuance costs 27,67928,368
Six-times rent expense 2,771,6402,587,056
Adjusted debt$ 8,578,404$8,041,904
GAAP net income$ 2,377,927$2,376,934
Add:Interest expense 222,964214,244
Provision for income taxes 651,098650,786
Depreciation and amortization 474,468424,962
Share-based compensation expense 30,35327,098
Rent expense (i) 461,940431,176
EBITDAR$ 4,218,750$4,125,200
Adjusted debt to EBITDAR 2.031.95


(i) The table below outlines the calculation of Rent expense and reconciles Rent expense to Total lease cost, per ASC 842, the most directly comparable GAAP financial measure, for the twelve months ended March31,2025 and 2024 (in thousands):


For the Twelve Months Ended
March31,
20252024
Total lease cost, per ASC 842$558,415$510,208
Less:Variable non-contract operating lease components, related to property taxes and insurance96,47579,032
Rent expense$461,940$431,176


March31,
20252024
Selected Balance Sheet Ratios:
Inventory turnover (1) 1.61.7
Average inventory per store (in thousands) (2)$ 806$773
Accounts payable to inventory (3) 126.4%127.3%


Forthe Three Months Ended
March31,
20252024
Reconciliation of Free Cash Flow (in thousands):
Net cash provided by operating activities$ 755,120$704,215
Less:Capital expenditures 286,951249,240
Excess tax benefit from share-based compensation payments 12,92516,120
Free cash flow$ 455,244$438,855


For the Three Months Ended
March31,
20252024
Revenue Disaggregation (in thousands):
Sales to do-it-yourself customers$ 2,051,859 $2,003,805
Sales to professional service provider customers 1,998,593 1,875,186
Other sales and sales adjustments 86,472 97,249
Total sales$4,136,924 $3,976,240


Forthe Three Months Ended For the Twelve Months Ended
March31,March31,
20252024
20252024
Store Count:
Beginning domestic store count 6,2656,095 6,1315,986
New stores opened 3336 167146
Stores closed(1)
Ending domestic store count 6,2986,131 6,2986,131
Beginning Mexico store count 8762 6343
New stores opened 61 3020
Ending Mexico store count 9363 9363
Beginning Canada store count 26 23
New stores opened 3
Stores acquired2323
Stores closed (1) (1)
Ending Canada store count 2523 2523
Total ending store count 6,4166,217 6,4166,217


Forthe Three Months Ended FortheTwelve Months Ended
March31,March31,
2025202420252024
Store and Team Member Information:
Total employment 93,41990,601
Square footage (in thousands) (4) 49,37147,143
Sales per weighted-average square foot (4)(5)$ 82.22$82.59$ 341.85$341.62
Sales per weighted-average store (in thousands) (4)(6)$ 643$634$ 2,650$2,601


(1)Calculated as cost of goods sold for the last 12 months divided by average inventory. Average inventory is calculated as the average of inventory for the trailing four quarters used in determining the denominator.
(2)Calculated as inventory divided by store count at the end of the reported period.
(3)Calculated as accounts payable divided by inventory.
(4)Represents O’Reilly’s U.S. and Puerto Rico operations only.
(5)Calculated as sales less jobber sales, divided by weighted-average square footage. Weighted-average square footage is determined by weighting store square footage based on the approximate dates of store openings, acquisitions, expansions, or closures.
(6)Calculated as sales less jobber sales, divided by weighted-average stores. Weighted-average stores is determined by weighting stores based on their approximate dates of openings, acquisitions, or closures.

FAQ

What was O'Reilly Automotive's (ORLY) comparable store sales growth in Q1 2025?

O'Reilly reported a 3.6% comparable store sales growth in Q1 2025, at the high end of expectations, with mid-single digit growth in professional sales and low-single digit growth in DIY sales.

How many shares did ORLY repurchase in Q1 2025 and at what cost?

The company repurchased 0.4 million shares at an average price of $1,297.15 per share, for a total investment of $559 million in Q1 2025.

What is O'Reilly's store expansion plan for 2025?

O'Reilly plans to open 200-210 net new stores in 2025, with 38 net new stores already opened in the first quarter.

What is ORLY's earnings per share guidance for full-year 2025?

O'Reilly expects diluted earnings per share to be between $42.90 and $43.40 for the full year 2025.
Oreilly Automotive Inc

NASDAQ:ORLY

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81.57B
848.22M
0.89%
88.98%
1.68%
Specialty Retail
Retail-auto & Home Supply Stores
United States
SPRINGFIELD