---
schema_version: "secwatch.filing_event.v1"
accession: "0000898173-22-000020"
form_type: "8-K"
ticker: "ORLY"
cik: "0000898173"
company_name: "O REILLY AUTOMOTIVE INC"
filed_at: "2022-04-27T23:59:59+00:00"
generated_at: "2026-06-26T04:24:01.650269+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# O'Reilly Q1 revenue $3.30B (+7% YoY), EPS $7.17 (+2%); CFO transition

## Summary
- 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.

## SEC filing metadata
- accession: 0000898173-22-000020
- form_type: 8-K
- ticker: ORLY
- cik: 0000898173
- company_name: O REILLY AUTOMOTIVE INC
- filed_at: 2022-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/898173/000089817322000020/0000898173-22-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/898173/000089817322000020/orly-20220427x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000898173-22-000020
- JSON: https://secwatch.observer/filing/0000898173-22-000020.json
- Plain text: https://secwatch.observer/filing/0000898173-22-000020.txt

## Key facts
- Executive change
  Thomas McFall changed role as Chief Financial Officer at O REILLY AUTOMOTIVE INC.
  - Action: stepped down
  - Role: Chief Financial Officer
  source text: Thomas McFall, the Company’s Executive Vice President and Chief Financial Officer, will step down as Chief Financial Officer and continue employment with the Company in the role of Executive Vice President
  evidence_url: https://www.sec.gov/Archives/edgar/data/898173/000089817322000020/0000898173-22-000020-index.htm
- Executive change
  Jeremy Fletcher was appointed as Executive Vice President and Chief Financial Officer at O REILLY AUTOMOTIVE INC.
  - Action: promoted
  - Role: Executive Vice President and Chief Financial Officer
  source text: Jeremy Fletcher, the Company’s Senior Vice President of Finance and Controller, will be promoted to the position of Executive Vice President and Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/898173/000089817322000020/0000898173-22-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.