O'Reilly Automotive, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 24, 2024 at 04:32 pm EDT
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O'Reilly Automotive, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 3,976.24 million compared to USD 3,707.86 million a year ago. Net income was USD 547.24 million compared to USD 516.89 million a year ago.
Basic earnings per share from continuing operations was USD 9.27 compared to USD 8.36 a year ago. Diluted earnings per share from continuing operations was USD 9.2 compared to USD 8.28 a year ago.
O'Reilly Automotive, Inc. is one of the largest American distributors of automotive parts. The products are sold under own brands (BesTest®, BrakeBest®, Cartek®, Import Direct®, MasterPro®, MicroGard®, Murray®, Omnispark®, O'Reilly Auto Parts®, Precision®, Power Torque®, Super Start®, Syntec® and Ultima®) and third-party brands (AC Delco, Armor All, Bosch, Castrol, Dorman, Fel-Pro, Gates Rubber, Lucas Oil, Mobil1, Monroe, Moog, Pennzoil, Prestone, Standard, STP, Turtle Wax, Valvoline, Wagner et Wix). The group's activity is primarily organized around 3 families of products:
- automotive parts: alternator, starters, water pumps, chassis parts, etc.;
- maintenance products: antifreeze, filters, etc.;
- accessories: primarily automotive carpets and seat covers.
At the end of 2022, the products were marketed through a network of 5,971 stores located in the United States (5,929) and Mexico (42).
O'REILLY AUTOMOTIVE, INC 
