Financial Data and Key Metrics Changes - The company reported a 6.7% increase in comparable store sales, following a 16.9% increase in the same quarter last year [8][21] - Diluted earnings per share (EPS) increased by 14% to $8.07, building on a 39% growth in the same quarter of the previous year [8][36] - Year-to-date free cash flow reached $2.2 billion, up from $1.9 billion for the same period in 2020 [72] Business Line Data and Key Metrics Changes - The professional side of the business showed strong growth, while the DIY segment also performed well despite challenging comparisons from the previous year [15][20] - Total ticket count for the third quarter was slightly negative due to pressures on DIY transaction counts, but professional ticket counts grew [16][18] Market Data and Key Metrics Changes - The company anticipates full-year total revenue to be between $12.9 billion and $13.2 billion, up from previous guidance of $12.3 billion to $12.6 billion [64] - The average ticket increase was aided by a 5.5% rise in same SKU selling prices, reflecting broader inflationary trends [18][25] Company Strategy and Development Direction - The company is increasing its full-year comparable store sales guidance to a range of 10% to 12% from a previous range of 5% to 7% [25] - Plans to open between 175 and 185 net new stores in the U.S. and Mexico in 2022, continuing to focus on both new and existing markets [53][54] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding inflation and its potential impact on consumer behavior, noting that while demand remains strong, rising prices could lead to deferred maintenance [19][24] - The company is optimistic about maintaining strong sales volumes due to the ongoing shortage of new and used vehicles, which encourages consumers to invest in vehicle maintenance [22][89] Other Important Information - The company reported a gross margin of 52.3%, a slight decrease from the previous year, attributed to higher acquisition and distribution costs [27][36] - The adjusted debt-to-EBITDA ratio improved to 1.75 times, down from 20.3 times at the end of 2020, reflecting reduced debt and increased EBITDAR [78] Q&A Session Summary Question: Impact of pricing on consumer demand - Management noted no significant movement in consumer behavior despite rising prices, but acknowledged potential future impacts if economic conditions worsen [84][85] Question: Factors driving sales performance compared to pre-pandemic levels - Management highlighted the scarcity of new and used vehicles as a key driver for maintaining existing vehicles, alongside a trend of consumers performing DIY maintenance [88][90] Question: Expectations for gross margin in the upcoming quarters - Management indicated that while there are many moving parts affecting margins, they do not anticipate dramatic changes in overall gross margin moving forward [102][103] Question: Supply chain pressures and their impact - Management acknowledged ongoing supply chain challenges, including staffing issues and increased freight costs, but noted improvements in distribution center operations [106][110] Question: Market share gains sustainability - Management expressed confidence in continuing to gain market share, citing strong performance relative to competitors and the company's ability to navigate supply chain challenges [95][127]

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, 2021 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 2021 Earnings Conference Call July 29, 2021 11:00 AM ET Company Participants Thomas McFall - CFO & EVP Gregory Johnson - CEO & Co-President Jeff Shaw - COO & Co-President Brad Beckham - EVP, Store Operations & Sales Conference Call Participants Simeon Gutman - Morgan Stanley Bret Jordan - Jefferies Michael Lasser - UBS Christopher Horvers - JPMorgan Chase & Co. Gregory Melich - Evercore ISI Daniel Imbro - Stephens Inc. Seth Basham - Wedbush Securities Mitchell Ingl ...

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, 2021 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) incorporation or organization) Missouri 000-21318 27-4358837 (State o ...

O'Reilly Automotive, Inc. (NASDAQ:ORLY) Q1 2021 Earnings Conference Call April 29, 2021 11:00 AM ET Company Participants Thomas McFall - CFO & EVP Gregory Johnson - CEO & Co-President Jeff Shaw - COO & Co-President Conference Call Participants Gregory Melich - Evercore ISI Bret Jordan - Jefferies Christopher Horvers - JPMorgan Chase & Co. Robert Ciccarelli - RBC Capital Markets Brian Nagel - Oppenheimer Michael Lasser - UBS David Bellinger - Wolfe Research Katharine McShane - Goldman Sachs Group Elizabeth S ...

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, 2020 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) (State or other jurisdiction Commission file (I.R.S. Employer of incorporation or organiza ...

O'Reilly Automotive, Inc. (NASDAQ:ORLY) Q4 Full-Year 2020 Earnings Conference Call February 11, 2021 11:00 AM ET Company Participants Tom McFall – Executive Vice President and Chief Financial Officer Greg Johnson – Chief Executive Officer and Co-President Jeff Shaw – Chief Operating Officer and Co-President David O'Reilly – Executive Chairman Greg Henslee – Executive Vice Chairman Conference Call Participants Simeon Gutman – Morgan Stanley Michael Lasser – UBS Chris Horvers – JPMorgan Scot Ciccarelli – RBC ...

O'Reilly Automotive, Inc. (NASDAQ:ORLY) Q3 2020 Earnings Conference Call October 29, 2020 11:00 AM ET Company Participants Thomas McFall - CFO & EVP Gregory Johnson - CEO & Co-President Jeff Shaw - COO & Co-President Jeremy Fletcher - SVP, Finance & Controller Conference Call Participants Gregory Melich - Evercore ISI Brian Nagel - Oppenheimer Kate McShane - Goldman Sachs Group Zachary Fadem - Wells Fargo Securities David Bellinger - Wolfe Research Bret Jordan - Jefferies Michael Baker - D.A. Davidson & Co. ...

O'Reilly Automotive, Inc. (NASDAQ:ORLY) Q2 2020 Earnings Conference Call July 30, 2020 11:00 AM ET Company Participants Thomas McFall - CFO & EVP Gregory Johnson - CEO & Co-President Jeff Shaw - COO & Co-President Conference Call Participants Matthew McClintock - Raymond James & Associates Elizabeth Suzuki - Bank of America Merrill Lynch Bret Jordan - Jefferies Christopher Horvers - JPMorgan Chase & Co. Simeon Gutman - Morgan Stanley Seth Sigman - Crédit Suisse Michael Lasser - UBS Investment Bank Robert Ci ...

O'Reilly Automotive, Inc. (NASDAQ:ORLY) Q1 2020 Earnings Conference Call April 23, 2020 11:00 AM ET Company Participants Tom McFall – Chief Financial Officer Greg Johnson – Chief Executive Officer and Co-President Jeff Shaw – Chief Operating Officer and Co-President Conference Call Participants Greg Melich – Evercore ISI Scot Ciccarelli – RBC Capital Simeon Gutman – Morgan Stanley Michael Lasser – UBS Brian Nagel – Oppenheimer Chris Horvers – JP Morgan Bret Jordan – Jefferies Daniel Imbro – Stephens, Inc. O ...