Financial
O’Reilly Automotive Reports Q1 2022 Results
The company also announced an executive leadership transition in May.
The company also announced an executive leadership transition in May.
Parts and services organic revenue increased 6.9% (5.6% on a per day basis), the company says.
Fourth quarter 2021 revenue of $3.2 billion (up 7.9% year-over-year); annual revenue of $13.1 billion (up 12.6% year-over-year).
Company reports net sales of $3.7 billion for its first quarter.
Net sales for the quarter were up 13.5 percent; 29.8 percent for six months; and 25.1 percent from the pre-COVID-19...
Delivers strong same-store sales growth and adds 53 net new stores.
Company reiterates plan to pursue separation; provides fiscal 2022 outlook.
The company has reported third quarter sales of $141.8 million, up 21%.
The parts retailer reported a 14% increase in third quarter diluted earnings per share, and a year-to-date increase of 29%.
Supply chain constraints and electronic component shortages impacted third-quarter results, the company says.
