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O'Reilly Automotive tails off after Q2 sales warning

Jul. 05, 2017 9:02 AM ETO'Reilly Automotive, Inc. (ORLY) StockBy: Clark Schultz, SA News Editor
  • Shares of O'Reilly Automotive (NASDAQ:ORLY) fall sharply after the company reports Q2 same-store sales growth of +1.7% vs. +3% to 5% expected.
  • "After exiting the first quarter and entering April on an improved sales trend, we faced a more challenging sales environment than we expected for the remainder of the quarter," notes O'Reilly CEO Greg Henslee.
  • Full Q2 results are due out from O'Reilly on July 26.
  • ORLY -9.16% premarket to $200.21.

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