O'Reilly Auto Parts Joins University Of The Aftermarket Foundation As Lifetime Trustee

BETHESDA, Md. – The University of the Aftermarket Foundation welcomes O’Reilly Auto Parts as a lifetime trustee. The O’Reilly and Wooten families recently contributed $100,000 to the foundation, investing in the future of the aftermarket through education and training.

“For many years, AWDA University, as well as numerous other industry contributors, provided our family and company outstanding educational opportunities and value. We are so very grateful for the university and what it has done for us, we wanted to participate in the ongoing educational effort of the foundation and its programs,” said David O’Reilly, chairman of O’Reilly Auto Parts.

David O’Reilly will serve as the company’s representative on the University of the Aftermarket Foundation board of trustees.

“On behalf of the University of the Aftermarket Foundation, we thank the O’Reilly and Wooten families for their generous contribution and welcome O’Reilly Auto Parts as a lifetime trustee,” said Rusty Bishop, chairman of the University of the Aftermarket Foundation. “Aftermarket education is important to O’Reilly Auto Parts and we know that David will be an excellent addition to the foundation’s board of trustees.”

Standard Motor Products, Inc. reported its consolidated financial results for the three months ended March 31, 2024.

Net sales for the first quarter of 2024 were $331.4 million, compared to consolidated net sales of $328.0 million during the comparable quarter in 2023, the company said. Earnings from continuing operations for the first quarter of 2024 were $9.9 million or $0.44 per diluted share, compared to $12.7 million or $0.57 per diluted share in the first quarter of 2023. Excluding non-operational gains and losses identified on the attached reconciliation of GAAP and non-GAAP measures, earnings from continuing operations for the first quarter of 2024 were $10.0 million or $0.45 per diluted share, compared to $13.4 million or $0.61 per diluted share in the first quarter of 2023.