secwatch.observer — SEC 8-K summary
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Issuer:     O REILLY AUTOMOTIVE INC (ORLY)
CIK:        0000898173
Form:       8-K
Filed at:   2023-04-26T23:59:59+00:00
Accession:  0000898173-23-000025
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/898173/000089817323000025/0000898173-23-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/898173/000089817323000025/orly-20230426x8k.htm
  HTML page:      https://secwatch.observer/filing/0000898173-23-000025

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