SPRINGFIELD, Mo. - O’Reilly Automotive, Inc. (NASDAQ:ORLY) reported fourth quarter earnings that missed analyst estimates, while providing weaker-than-expected guidance for 2025, sending shares down 2.9% in after-hours trading.
The auto parts retailer posted adjusted earnings per share of $9.50 for the fourth quarter, falling short of the $9.73 expected by analysts. Revenue came in at $4.1 billion, surpassing the consensus estimate of $4.04 billion and representing a 7% increase YoY.
Comparable store sales growth was 4.4% in Q4, bringing full-year comparable sales growth to 2.9%.
For fiscal 2025, O’Reilly forecasts earnings per share between $42.60 and $43.10, below the $45.04 analysts were expecting. The company projects revenue of $17.4 billion to $17.7 billion, compared to the consensus estimate of $17.59 billion.
"We are pleased to report a strong finish to 2024 in the fourth quarter, highlighted by 4.4% growth in comparable store sales, driven by solid growth in both professional and DIY," said CEO Brad Beckham.
O’Reilly opened 198 net new stores in 2024, meeting its target. The company plans to open 200 to 210 new stores in 2025.
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