Overview

• U.S. auto parts retailer's Q1 revenue rose 10%, beating analyst expectations

• Comparable store sales grew 8.1% and diluted EPS increased 16% yr/yr

• Company repurchased $923 mln in shares during the quarter

Outlook

• O'Reilly sees 2026 revenue between $18.7 bln and $19.0 bln

• Company expects 2026 comparable store sales growth of 3.0% to 5.0%

• O'Reilly forecasts 2026 diluted EPS of $3.15 to $3.25

Result Drivers

• PROFESSIONAL SEGMENT - Double-digit growth in professional service provider sales drove overall comparable store sales gains

• DIY SEGMENT - Mid-single digit growth in DIY sales contributed to overall sales increase

• EXPENSE MANAGEMENT - Operating profit rose 14% as a result of focus on prudent expense management, per CEO Brad Beckham

Company press release: ID:nGNX92cmzR

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q1 Sales	Beat	$4.56 bln	$4.46 bln (20 Analysts)
Q1 EPS		$0.72
Q1 Net Income		$604.2 mln
Q1 Comparable Sales Growth		8.1%

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 24 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the auto vehicles, parts & service retailers peer group is "buy"

• Wall Street's median 12-month price target for O'Reilly Automotive Inc is $108.00, about 17.9% above its April 28 closing price of $91.57

• The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 28 three months ago

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