---
schema_version: "secwatch.filing_event.v1"
accession: "0000898173-23-000025"
form_type: "8-K"
ticker: "ORLY"
cik: "0000898173"
company_name: "O REILLY AUTOMOTIVE INC"
filed_at: "2023-04-26T23:59:59+00:00"
generated_at: "2026-06-16T14:58:12.206740+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# O'Reilly Q1 revenue $3.71B (+12% YoY); diluted EPS $8.28 (+15%); raises comp sales guidance to 4-6%

## Summary
- Q1 revenue $3.71B (+12% YoY), net income $517M (+7%), diluted EPS $8.28 (vs $7.17 prior year).
- Comparable store sales rose 10.8% (prior yr 4.8%); professional business led with double-digit growth.
- Opened 6,000th store, entered Maryland (48th state) and Puerto Rico; Guadalajara, Mexico DC opening summer 2023.
- Repurchased 1.4M shares for $1.11B in Q1 (avg $819.06); post-quarter 0.2M for $137M; $475M auth remaining.
- Updated FY2023 guidance: comp sales 4-6%, EPS $36.50-$37.00, revenue $15.2B-$15.5B, free cash flow $1.8B-$2.1B.

## SEC filing metadata
- accession: 0000898173-23-000025
- form_type: 8-K
- ticker: ORLY
- cik: 0000898173
- company_name: O REILLY AUTOMOTIVE INC
- filed_at: 2023-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/898173/000089817323000025/0000898173-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/898173/000089817323000025/orly-20230426x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000898173-23-000025
- JSON: https://secwatch.observer/filing/0000898173-23-000025.json
- Plain text: https://secwatch.observer/filing/0000898173-23-000025.txt

## Key facts
- Earnings Releases
  O REILLY AUTOMOTIVE INC reported FY 2023 results: revenue $15.2 billion to $15.5 billion, EPS $36.50 to $37.00.
  - Period: FY 2023
  - Revenue: $15.2 billion to $15.5 billion
  - EPS: $36.50 to $37.00
  - Result: guidance update
  source text: Updated Full-Year 2023 Guidance The table below outlines the Company’s updated guidance for selected full-year 2023 financial data: ​ ​ ​ ​ For the Year Ending ​ December 31, 2023 Net, new store openings 180 to 190 Comparable store sales 4% to 6% Total revenue $15.2 billion to $15.5 billion Gross profit as a percentage of sales 50.8% to 51.3% Operating income as a percentage of sales 19.8% to 20.3% Effective income tax rate 22.9% Diluted earnings per share (1) ​ $36.50 to $37.00 Net cash provided by operating activities ​ $2.5 billion to $2.9 billion Capital expenditures ​ $750 million to $800 million Free cash flow (2) ​ $1.8 billion to $2.1 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/898173/000089817323000025/0000898173-23-000025-index.htm

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