earnings
confidence high
sentiment positive
materiality 0.90
O'Reilly Q3 EPS $10.72 (+17% YoY) on record revenue $4.20B; raises full-year comp guidance
O REILLY AUTOMOTIVE INC
2023-Q3 EPS reported
$29.20
revenue$11,980,235,000
- Q3 revenue $4.20B, up 11% YoY; comparable store sales +8.7% on top of +7.6% last year.
- Diluted EPS $10.72 vs $9.17; net income $650M vs $585M, both up 11% and 17% respectively.
- Raised full-year 2023 comp store sales guidance to 7.0%–8.0%; reiterated net new store openings 180–190.
- Announced 2024 net new store opening target of 190–200.
- Repurchased 0.9M shares for $800M in Q3; $712M remaining under authorization.