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Sep 30, 2020
O'Reilly Auto Q3 2020 Earnings Report
O'Reilly Automotive's Q3 2020 performance was marked by record revenue and earnings, driven by strong comparable store sales growth and effective expense control.
Key Takeaways
O'Reilly Automotive reported a strong third quarter with a 20% increase in sales to $3.21 billion and a 39% increase in diluted earnings per share to $7.07. The company's comparable store sales increased by 16.9%, and operating profit margin improved to 22.6%.
Comparable store sales increased by 16.9% during the third quarter.
Diluted earnings per share increased by 39% to $7.07.
Sales for the third quarter increased by 20% to $3.21 billion.
Operating income increased by 35% to $725 million.
O'Reilly Auto
O'Reilly Auto
Forward Guidance
Due to the continued uncertainty related to COVID-19, the Company is not resuming guidance at this time.