secwatch.observer — SEC 8-K summary
======================================

Issuer:     O REILLY AUTOMOTIVE INC (ORLY)
CIK:        0000898173
Form:       8-K
Filed at:   2022-04-27T23:59:59+00:00
Accession:  0000898173-22-000020
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/898173/000089817322000020/0000898173-22-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/898173/000089817322000020/orly-20220427x8k.htm
  HTML page:      https://secwatch.observer/filing/0000898173-22-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer