O’Reilly Automotive(US:ORLY) Globenewswire·2025-10-22 20:30Core Insights - O'Reilly Automotive reported record revenue and earnings for Q3 2025, with a notable increase in comparable store sales and diluted earnings per share [1][2][3] Financial Performance - Q3 2025 sales increased by $341 million, or 8%, reaching $4.71 billion compared to $4.36 billion in Q3 2024 [2] - Gross profit for Q3 2025 rose 8% to $2.44 billion, representing 51.9% of sales, up from 51.6% in the same period last year [2] - Selling, general and administrative expenses (SG&A) increased 8% to $1.46 billion, accounting for 31.1% of sales, compared to 31.0% in Q3 2024 [2] - Operating income for Q3 2025 grew 9% to $976 million, or 20.7% of sales, compared to 20.5% in Q3 2024 [2] Net Income and Earnings Per Share - Net income for Q3 2025 increased by $60 million, or 9%, to $726 million, which is 15.4% of sales, compared to 15.2% in Q3 2024 [3] - Diluted earnings per share for Q3 2025 rose 12% to $0.85 on 853 million shares, compared to $0.76 on 875 million shares in Q3 2024 [3] Year-to-Date Performance - Year-to-date sales for the first nine months of 2025 increased by $755 million, or 6%, to $13.37 billion from $12.61 billion in the same period last year [4] - Gross profit for the first nine months of 2025 increased 7% to $6.89 billion, representing 51.5% of sales, compared to 51.2% in the same period last year [4] - SG&A for the first nine months of 2025 rose 8% to $4.26 billion, accounting for 31.8% of sales, compared to 31.2% in the same period last year [4] - Operating income for the first nine months of 2025 increased 5% to $2.63 billion, or 19.7% of sales, down from 19.9% in the same period last year [4] Comparable Store Sales - Comparable store sales for Q3 2025 increased by 5.6%, building on a 1.5% increase in the same period last year [6][7] - For the first nine months of 2025, comparable store sales rose 4.5%, following a 2.4% increase in the same period last year [8] Share Repurchase Program - In Q3 2025, the company repurchased 4.3 million shares at an average price of $98.08, totaling $420 million [9] - For the first nine months of 2025, the company repurchased 17.6 million shares at an average price of $90.95, totaling $1.60 billion [9] Updated Guidance - The company raised its full-year 2025 comparable store sales guidance to a range of 4.0% to 5.0% [4] - Total revenue for 2025 is projected to be between $17.6 billion and $17.8 billion [10] - Diluted earnings per share for 2025 is expected to be between $2.90 and $3.00 [10]