O’Reilly Automotive, Inc. Reports Second Quarter 2019 Results
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O'Reilly Automotive (ORLY) Misses Q2 EPS by 16c, Revenues Miss, Comp. Sales Up 3.4%; FY19 EPS Views Below Consensus, FY19 Rev. Mid-Point Above Consensus
July 24, 2019 4:33 PM EDTO'Reilly Automotive (NASDAQ: ORLY) reported Q2 EPS of $4.51, $0.16 worse than the analyst estimate of $4.67. Revenue for the quarter came in at $2.59 billion versus the consensus estimate of $2.61 billion.
Second quarter comparable store sales increase of 3.4%36 basis point increase in second quarter gross margin to 52.8%4% increase in second quarter operating profit dollars2nd Quarter Financial ResultsGreg Johnson, OReillys CEO and Co-President, commented, I would like to thank Team OReilly for their commitment to consistently providing excellent service to our customers every day. For the quarter,... More
