Large caps are found in nearly every portfolio, as their stable nature and successful track records are impossible to ignore. For those seeking large-cap exposure in the auto industry, stocks like Toyota (TM) , Ferrari (RACE) , O’Reilly Automotive (ORLY) and PACCAR (PCAR) could be great considerations, all boasting improved earnings outlooks.The industry's resilience, coupled with the stability offered by large-cap stocks (with market capital > $10 billion), positions investors for a smooth ride in the comi ...

Earnings Release Date – Wednesday, February 7, 2024, after 3:30 p.m. Central TimeConference Call Date – Thursday, February 8, 2024, at 10:00 a.m. Central Time SPRINGFIELD, Mo., Jan. 02, 2024 (GLOBE NEWSWIRE) -- O'Reilly Automotive, Inc. (the "Company" or "O'Reilly") (NASDAQ:ORLY), a leading retailer in the automotive aftermarket industry, announces the release date for its fourth quarter and full-year 2023 results as Wednesday, February 7, 2024, with a conference call to follow on Thursday, February 8, 2024 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ O'REILLY AUTOMOTIVE, INC. (Exact name of registrant as specified in its charter) Missouri 000-21318 27-4358837 (State or other jurisdiction of Commi ...

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Q3 2023 Earnings Conference Call October 26, 2023 11:00 AM ET Company Participants Jeremy Fletcher - Chief Financial Officer Greg Johnson - Chief Executive Officer Brad Beckham - Co-President Brent Kirby - Co-President Greg Hensley - Executive Chairman David O'Reilly - Executive Vice Chairman Conference Call Participants Michael Lasser - UBS Brett Jordan - Jeffries Daniel Imbro - Stephens Zach Fadem - Wells Fargo Simeon Gutman - Morgan Stanley Christopher Hoevers - JP ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ O'REILLY AUTOMOTIVE, INC. (Exact name of registrant as specified in its charter) Missouri 000-21318 27-4358837 (State or other jurisdiction of Commission ...

O’Reilly Automotive, Inc. (NASDAQ:ORLY) Q2 2023 Earnings Conference Call July 27, 2023 11:00 AM ET Company Participants Jeremy Fletcher – Chief Financial Officer Greg Johnson – Chief Executive Officer Brad Beckham – Co-President Brent Kirby – Co-President Conference Call Participants Greg Melich – Evercore ISI Chris Horvers – JPMorgan Scot Ciccarelli – Truist Brian Nagel – Oppenheimer Kate McShane – Goldman Sachs Mike Baker – D.A. Davidson Seth Basham – Wedbush Securities Operator Welcome to the O’Reilly Au ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Address of principal executive offices, Zip code) (417) 862-6708 (Registrant's telephone number, including area code) For the transition period from ________ to ________ O'REILLY AUTOMOTIVE, INC. Not app ...

O'Reilly Automotive, Inc. (NASDAQ:ORLY) Q1 2023 Earnings Conference Call April 27, 2023 11:00 AM ET Company Participants Jeremy Fletcher – Chief Financial Officer Greg Johnson – Chief Executive Officer Brad Beckham – Co-President Brent Kirby – Co-President Conference Call Participants Scot Ciccarelli – Truist Securities Chris Horvers – JPMorgan Greg Melich – Evercore ISI Bret Jordan – Jefferies Zach Fadem – Wells Fargo Liz Suzuki – Bank of America Michael Lasser – UBS Simeon Gutman – Morgan Stanley Operator ...

OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to O'REILLY AUTOMOTIVE, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 (Exact name of registrant as specified in its charter) (State or other jurisdiction Commission file (I.R.S. Employer of incorporation or organiza ...

Financial Data and Key Metrics Changes - The company reported a comparable store sales increase of 9% in Q4 2022, with a full-year growth of 6.4%, exceeding previous guidance [6][23] - Diluted EPS increased by 8% to $33.44, representing a 3-year compounded annual growth rate of 23% [6] - The company expects 2023 EPS guidance to be between $35.75 and $36.25, indicating an 8% increase compared to 2022 [23] Business Line Data and Key Metrics Changes - The professional business led growth with double-digit comparable store sales growth, while the DIY business showed improved performance with strong average ticket growth [27][11] - Average ticket size grew in the high single digits, supported by mid single-digit growth in same SKU inflation [56] Market Data and Key Metrics Changes - The automotive aftermarket remains strong, driven by consumers keeping their vehicles longer due to vehicle scarcity [12] - The company anticipates a slight decline in DIY traffic in 2023 but expects to gain market share to offset this [14] Company Strategy and Development Direction - The company plans to invest in operational strength, focusing on team member experience, store upgrades, and technology projects [16] - The strategy includes enhancing customer service and inventory management to capitalize on market opportunities [16][58] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the automotive aftermarket's resilience despite potential economic challenges, emphasizing the non-discretionary nature of their business [13] - The company remains optimistic about growth opportunities in both DIY and professional segments for 2023 [58] Other Important Information - The company’s capital expenditures in 2022 were $563 million, with a guidance of $750 million to $800 million for 2023 [41] - Inventory per store at the end of 2022 was $730,000, up 15% from the previous year [39] Q&A Session All Questions and Answers Question: How does the company view its comp guidance for 2023? - Management clarified that the 4% to 6% comp guidance is based on a bullish outlook for the industry and not merely a necessity to cover increased costs [77] Question: What is the expected impact of lower input costs on profitability? - Management indicated that while there are some cost reductions, they remain cautious about the overall impact on margins and profitability [79] Question: What was the inflation in average hourly wage last year and expectations for this year? - The company reported mid to high-single digit wage inflation in 2022 and expects it to moderate but remain in the mid-single digit range for 2023 [95] Question: Is there any trade-down occurring among customers? - Management noted that there has not been significant trade-down behavior, with some customers trading up to higher quality products [97]