O'Reilly Automotive GAAP EPS of $10.22 beats by $0.14, revenue of $4.07B beats by $60M

• O'Reilly Automotive press release (NASDAQ:ORLY): Q2 GAAP EPS of $10.22 beats by $0.14.
• Revenue of $4.07B (+10.9% Y/Y) beats by $60M.
• Second quarter comparable store sales growth of 9.0%
• Effective January 31, 2024, Greg Johnson, who currently serves as the Company’s Chief Executive Officer (“CEO”) will retire and, at that time, Brad Beckham, who currently serves as the Company’s Co-President, will be promoted to CEO

Comments

[OsinkoSinko]

"The Company has repurchased a total of 92.7 million shares of its common stock under its share repurchase program since the inception of the program in January of 2011 and through the date of this release, at an average price of $236.52, for a total aggregate investment of $21.94 billion."This is pretty awesome! Shares outstanding this quarter was 60.4 million. They will run out of shares if they keep this up :)

[Mick Research]

Good stuff