secwatch.observer — SEC 8-K summary
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Issuer:     O REILLY AUTOMOTIVE INC (ORLY)
CIK:        0000898173
Form:       8-K
Filed at:   2024-07-24T23:59:59+00:00
Accession:  0000898173-24-000032
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/898173/000089817324000032/0000898173-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/898173/000089817324000032/orly-20240724x8k.htm
  HTML page:      https://secwatch.observer/filing/0000898173-24-000032

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