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Dec 31, 2021
O'Reilly Auto Q4 2021 Earnings Report
O'Reilly Automotive's Q4 2021 earnings were released, revealing record revenue and a 41% increase in diluted earnings per share.
Key Takeaways
O'Reilly Automotive reported strong Q4 2021 results with a 16% increase in sales to $3.29 billion and a 41% increase in diluted earnings per share to $7.64. Comparable store sales grew by 14.5%.
Fourth quarter comparable store sales growth of 14.5%.
Diluted earnings per share increased 41% in the fourth quarter.
The company achieved record revenue and earnings for the fourth quarter.
O'Reilly operated 5,759 stores in 47 U.S. states and 25 stores in Mexico as of December 31, 2021.
O'Reilly Auto
O'Reilly Auto
Forward Guidance
O'Reilly Automotive provided its outlook for the full year 2022, anticipating continued strong customer demand and strategic investments in pricing for professional customers.
Positive Outlook
- Expectations for robust demand on both DIY and professional sides of the business.
- Anticipated sales lift from professional pricing initiative.
- Comparable store sales guidance range of 5% to 7%.
- Planned strategy to further invest in pricing on the professional side of the business.
- Confident in the strength of our Team and our industry.