earnings
confidence high
sentiment neutral
materiality 0.80
O'Reilly Q1 revenue $3.30B (+7% YoY), EPS $7.17 (+2%); CFO transition
O REILLY AUTOMOTIVE INC
2022-Q1 EPS reported
$7.17
revenue$3,296,011,000
- Q1 comparable store sales +4.8% on top of +24.8% last year; two-year stack +29.6%.
- Gross margin 51.8% vs 53.1% a year ago; company cites professional pricing initiative and inflation.
- Operating income $670M (-3% YoY); net income $482M (-4%); diluted EPS $7.17 vs $7.06.
- CFO Tom McFall to step down effective May 9; Jeremy Fletcher promoted to EVP and CFO.
- Full-year 2022 guidance unchanged: comp sales 5-7%, revenue $14.2-14.5B, EPS $32.35-$32.85.