earnings
confidence high
sentiment positive
materiality 0.80
O'Reilly Q2 EPS $8.33 (+17% YoY); raises FY guidance; COO Shaw retiring early 2022
O REILLY AUTOMOTIVE INC
2021-Q2 EPS reported
$15.39
revenue$6,556,500,000
- Q2 revenue $3.47B (+12% YoY); comp store sales +9.9%; diluted EPS $8.33 vs $7.10 prior year.
- FY2021 guidance raised: comp store sales 5-7% (prev 1-3%); diluted EPS $26.80-$27.00 (increase of $2.05 midpoint).
- COO & Co-President Jeff Shaw to retire early 2022; Brad Beckham to become EVP & COO.
- Net income $585M (+10%); operating income $796M (+8%); SG&A increased to 29.7% of sales.
- Share repurchases: 0.7M shares in Q2 for $400M; YTD 2.2M shares for $1.06B; remaining authorization $1.80B.