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Jun 30, 2023
O'Reilly Auto Q2 2023 Earnings Report
O'Reilly Automotive announced a leadership succession plan.
Key Takeaways
O'Reilly Automotive announced that CEO Greg Johnson will retire effective January 31, 2024. Co-President Brad Beckham will succeed Johnson as CEO, and Co-President Brent Kirby will be promoted to President.
Greg Johnson, the Company’s Chief Executive Officer, will retire from the Company effective January 31, 2024.
Brad Beckham, the Company’s Co-President, to succeed Mr. Johnson as CEO upon Mr. Johnson’s retirement.
Brent Kirby, the Company’s Co-President, will be promoted to President upon Mr. Johnson’s retirement.
As of June 30, 2023, the Company operated 6,071 stores across 48 U.S. states, Puerto Rico, and Mexico.
Forward Guidance
The Company claims the protection of the safe-harbor for forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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