---
schema_version: "secwatch.filing_event.v1"
accession: "0000898173-24-000032"
form_type: "8-K"
ticker: "ORLY"
cik: "0000898173"
company_name: "O REILLY AUTOMOTIVE INC"
filed_at: "2024-07-24T23:59:59+00:00"
generated_at: "2026-05-31T17:43:33.064486+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# O'Reilly Q2 comp sales +2.3%, EPS $10.55 (+3%); FY guidance cut to 2-4% comp sales

## Summary
- Q2 revenue $4.27B (+5% YoY); net income $623M (-1%); diluted EPS $10.55 (+3%).
- Comparable store sales +2.3% (on top of +9.0% last year); soft demand in May, improvement in June.
- Full-year comparable sales guidance lowered from 3-5% to 2-4%; EPS guidance $40.75-$41.25.
- Repurchased 0.8M shares for $794M in Q2; year-to-date $1.06B at avg $1,016.43.
- Opened 64 new stores in H1; still targeting 190-200 net new stores for 2024.

## SEC filing metadata
- accession: 0000898173-24-000032
- form_type: 8-K
- ticker: ORLY
- cik: 0000898173
- company_name: O REILLY AUTOMOTIVE INC
- filed_at: 2024-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/898173/000089817324000032/0000898173-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/898173/000089817324000032/orly-20240724x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000898173-24-000032
- JSON: https://secwatch.observer/filing/0000898173-24-000032.json
- Plain text: https://secwatch.observer/filing/0000898173-24-000032.txt

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