Top 5 Stories Of The Week
A recap of the top five stories on aftermarketNews during the week of Feb. 24.
O’Reilly Automotive Reports Q4, Full-Year 2019 Results
The company reported fourth quarter comparable store sales increase of 4.4%, full-year increase of 4%.
O’Reilly’s Wilbanks Speaker For 2020 AASA Global Summit
David Wilbanks will discuss O’Reilly’s growth update and approach to a broadening supply base.
WIX Filters Honors Laurens District 55 High School With School Of The Year Ceremony
Based in Laurens, South Carolina, the school is the 12th recipient of the annual program, naming it the best technical training school in the country. WIX and O’Reilly Auto Parts are sponsors of the national award in conjunction with Tomorrow’s Tech.
O’Reilly Automotive Reports 3rd Quarter 2019 Results
Sales for the 3rd quarter ended Sept. 30, 2019, increased $184 million, or 7%, to $2.67 billion from $2.48 billion for the same period one year ago.
O’Reilly Automotive To Acquire Mayasa Auto Parts Headquartered In Guadalajara, Mexico
The acquisition represents O’Reilly’s inaugural expansion outside of the United States.
O’Reilly Automotive Reports Second-Quarter 2019 Results
Sales for the second quarter ended June 30, 2019, increased $134 million, or 5%, to $2.59 billion from $2.46 billion for the same period one year ago.
O’Reilly Automotive Announces Additional $1 Billion Share-Repurchase Authorization
The additional $1 billion authorization is effective for a three-year period, beginning on May 31, according to the company.
O’Reilly To Close Little Rock Distribution Center, Open New Facility In Mississippi
O’Reilly Automotive will open a new distribution center (DC) in northern Mississippi and close its existing DC in Little Rock, Arkansas, the company said during its first-quarter earnings call.
O’Reilly Automotive Reports 1st Quarter 2019 Results
Sales for the first quarter ended March 31 increased $128 million, or 6%, to $2.41 billion from $2.28 billion for the same period one year ago.