Shares of O'Reilly Automotive (ORLY) sink 14.2% premarket after the company lowers its Q2 sales...

|About: O'Reilly Automotive, Inc. (ORLY)|By:, SA News Editor

Shares of O'Reilly Automotive (ORLY) sink 14.2% premarket after the company lowers its Q2 sales guidance. The company was working on the assumption that a warm winter had shifted sales into Q1, but weak sales figures for May and June now point to a larger trend as consumers increasingly buy new cars instead of fixing up older ones.