O'Reilly Automotive, Inc. (ORLY) Earnings
O'Reilly Automotive, Inc. is expected to report next earnings on July 29, 2026 (in NaN days), with a consensus EPS estimate of $0.85. ORLY has beaten EPS estimates in 5 of its last 12 reported quarters (average surprise -0.0% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 30, 2026 | $0.72 | $0.72 | +0.1% | $4.6B | +0.2% |
| Feb 4, 2026 | $0.73 | $0.71 | -2.2% | $4.4B | +0.5% |
| Oct 22, 2025 | $0.83 | $0.85 | +2.0% | $4.7B | +0.3% |
| Jul 23, 2025 | $0.78 | $0.78 | -0.1% | $4.5B | -0.1% |
| Apr 23, 2025 | $0.66 | $0.62 | -5.6% | $4.1B | -0.8% |
| Feb 5, 2025 | $9.73 | $9.96 | +2.4% | $4.1B | +1.2% |
| Oct 23, 2024 | $11.55 | $11.41 | -1.2% | $4.4B | -0.9% |
| Jul 24, 2024 | $10.98 | $10.55 | -3.9% | $4.3B | -0.9% |
| Feb 7, 2024 | $9.17 | $9.26 | +1.0% | $3.8B | -0.8% |
| Oct 25, 2023 | $10.40 | $10.73 | +3.2% | $4.2B | +2.9% |
| Jul 26, 2023 | $10.09 | $10.22 | +1.3% | $4.1B | +1.9% |
| Feb 8, 2023 | $7.75 | $8.37 | +8.0% | $3.6B | +3.9% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 30, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Thanked over 93,000 team members for delivering strong results in first quarter. - Discussed comparable store sales performance, noting 8.1% growth surpassing expectations, with professional and DIY sides contributing. - Talked about the volatile nature of first quarter due to winter weather, tax refunds, etc. - Highlighted broad-based strength across categories. - Discussed gross margin, SG&A, inventory, store growth, and capital investments. - Mentioned private label penetration climbing to over 50% of total revenue. - Spoke about the team's execution and focus on profitable growth.
Guidance
- Maintained full-year comparable store sales guidance range of 3 to 5%. - Increased full-year diluted earnings per share guidance to $3.15 to $3.25. - Maintained full-year gross margin guidance range of 51.5 to 52%. - Raised full-year operating profit guidance range by 10 basis points to 19.3 to 19.8%. - Expected free cash flow guidance remains unchanged at $1.8 to $2.1 billion for 2026. - Expect AP to inventory ratio to moderate to approximately 122% by end of 2026.
Segment performance
Comparable store sales grew 8.1%, with professional business being the larger contributor to total comp results, having posted double-digit comps for the third straight quarter. DIY side generated mid single-digit comp. Total sales grew 10.2% in first quarter. First quarter gross margin was 51.5%, a 19 basis point increase from first quarter 2025. SG&A had 34 basis points of leverage. Inventory per store finished first quarter at $874,000, up 8.5% from last year and 0.5% from end of year. Turned 1.6 times. Opened 59 net new stores across U.S., Mexico, and Canada in first quarter.
Risks & headwinds
- Rapid increases in fuel costs have potential to impact consumer spending. - Conflict in Iran and resulting constraints on global oil supply could be disruptive to certain categories and impact supply chain costs. - Potential impact of tariff environment changes, though net tariff exposure has remained relatively stable. - Uncertain stance by consumers could affect future performance.