O'Reilly Automotive Inc. reports strong growth in sales and income, with plans for more expansion.
From GlobeNewswire: 2025-02-05 16:30:06
O’Reilly Automotive Inc. announced a 4.4% growth in comparable store sales for the fourth quarter of 2024, with full-year growth reaching 2.9%. The company reported record revenue and operating income, marking 32 consecutive years of sales growth. Operating income for the quarter increased by 3% to $739 million. Net income decreased slightly to $551 million. The company also opened 198 new stores in 2024, meeting their target. O’Reilly Automotive plans to open 200 to 210 new stores in 2025, with total revenue expected to reach $17.4 billion to $17.7 billion. Their share repurchase program has seen a total investment of $25.44 billion since 2011.
Read more at GlobeNewswire: O’Reilly Automotive, Inc. Reports Fourth Quarter and