- O'Reilly Automotive, Inc. (ORLY, Financial) reported a 4% revenue increase to $4.14 billion in Q1 2025.
- Comparable store sales growth was 3.6%, driven by professional and DIY sales.
- The company plans to open 200-210 new stores in 2025, with 38 new stores opened in Q1.
O'Reilly Automotive, Inc. (ORLY) announced its financial results for the first quarter of 2025, reporting a revenue increase of 4% to $4.14 billion. This growth was supported by a 3.6% increase in comparable store sales, which was at the high end of expectations. The growth in sales was attributed to mid-single-digit advances in professional sales and low-single-digit growth in DIY segments.
Despite top-line revenue growth, the company's operating income declined by 1% to $741 million, and net income fell by 2% to $538 million. The reduction in net income did not affect the diluted earnings per share significantly, which rose by 2% to $9.35, aided by the company’s share repurchase program. During the first quarter, O'Reilly repurchased 0.4 million shares at an average price of $1,297.15 per share, totaling an investment of $559 million.
O'Reilly remains committed to expanding its retail footprint, having opened 38 new stores in the first quarter and maintaining its target to open 200-210 new stores throughout the year. The company has also reaffirmed its full-year 2025 guidance, projecting comparable store sales growth of 2.0% to 4.0%, total revenue between $17.4 billion and $17.7 billion, and diluted earnings per share in the range of $42.90 to $43.40.