O'Reilly Auto Q2 2021 Earnings Report
Key Takeaways
O'Reilly Automotive reported record revenue of $3.47 billion and diluted earnings per share of $8.33 for the second quarter of 2021. The company's comparable store sales increased by 9.9%, and it raised its full-year guidance for comparable store sales and diluted earnings per share.
Second quarter comparable store sales increased by 9.9%.
Second quarter revenue showed a 16% two-year compound growth.
Diluted earnings per share increased by 17% in the second quarter.
The company raised full-year 2021 guidance for comparable store sales to a range of 5% to 7%.
O'Reilly Auto
O'Reilly Auto
Forward Guidance
O'Reilly Automotive raised its full-year 2021 guidance for comparable store sales from a range of 1% to 3% to a range of 5% to 7%. It is also increasing its full-year diluted earnings per share guidance to a range of $26.80 to $27.00.