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Jun 30, 2020

O'Reilly Auto Q2 2020 Earnings Report

O'Reilly Automotive reported record revenue and earnings.

Key Takeaways

O'Reilly Automotive reported a strong second quarter with a 19.4% increase in total sales growth and a 57% increase in diluted earnings per share to $7.10. Comparable store sales increased by 16.2%.

Comparable store sales increased 16.2%.

Diluted earnings per share increased 57% to $7.10.

Total sales increased 19.4% to $3.09 billion.

Net cash provided by operating activities increased $712 million or 84%.

Total Revenue
$3.09B
Previous year: $2.59B
+19.4%
EPS
$7.1
Previous year: $4.51
+57.4%
Comparable Store Sales Growth
16.2%
Previous year: 3.4%
+376.5%
Sales per Square Foot
$74.2
Previous year: $65.6
+13.2%
Sales per Store
551
Previous year: 483
+14.1%
Gross Profit
$1.64B
Previous year: $1.37B
+19.9%
Cash and Equivalents
$872M
Previous year: $55.8M
+1463.2%
Free Cash Flow
$989M
Previous year: $264M
+275.0%
Total Assets
$11.7B
Previous year: $10.2B
+15.0%

O'Reilly Auto

O'Reilly Auto

Forward Guidance

The Company withdrew all previously issued 2020 guidance, and given the ongoing uncertainty related to COVID-19, the Company is not resuming 2020 guidance at this time.