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O’Reilly Automotive Announces Leadership Succession Plan

Effective May 8, Greg Johnson will be promoted to CEO and co-president, and Jeff Shaw will be promoted to chief operating officer (COO) and co-president. Greg Henslee, who currently serves as the company’s CEO and member of the board of directors, has been nominated as executive vice chairman of the board.

O’Reilly Automotive Appoints Greg Henslee, Dana Perlman To Its Board Of Directors

David O’Reilly, chairman of the board, said, “The expansion of the company’s board, and Mr. Henslee’s and Ms. Perlman’s appointments, are part of the company’s long-term board and executive management succession plans.”

O’Reilly Automotive Reports 3rd Quarter 2017 Results

Sales for the third quarter ended Sept. 30, 2017, increased $119 million, or 5 percent, to $2.34 billion from $2.22 billion for the same period one year ago.

O’Reilly Automotive Announces Additional $1B Share Repurchase Authorization

The additional $1 billion authorization is effective for a three-year period, which began on Sept. 1.

O’Reilly Automotive Reports 2nd Quarter 2017 Results

Net income for the second quarter increased $25 million, or 10 percent, to $283 million (or 12.3 percent of sales) from $258 million (or 11.8 percent of sales) for the same period one year ago.

O’Reilly Automotive Reports 2nd Quarter 2017 Comparable Store Sales Results

O’Reilly Automotive has announced its 2017 second quarter comparable store sales results of 1.7 percent, which fell short of previously issued second quarter comparable store sales guidance of 3 to 5 percent.

O’Reilly Automotive Announces Additional $1B Share Repurchase Authorization

The additional $1 billion authorization is effective for a three-year period, starting May 10.

O’Reilly Automotive Reports First Quarter 2017 Results

The company reports a 9 percent increase in first quarter diluted earnings per share to $2.83.

O’Reilly Automotive Reports Fourth Quarter And Full-Year 2016 Results

The company also announced that Greg Johnson and Jeff Shaw have been promoted to co-presidents of O’Reilly.