ORLY - O'Reilly Automotive: Looking At Mexico And Canada For Future Growth

2024-02-24 05:29:54 ET

Summary

• O'Reilly has had an impressive financial track record with a revenue CAGR of 12.5% in the past two decades along with great margin expansion & capital-light growth.
• The company's expansion into Mexico and Canada could potentially provide a great runway of growth for O'Reilly in the long term.
• The stock's valuation leaves little short-term upside, but O'Reilly could still be a good long-term investment if the capital-light growth strategy continues well.

O’Reilly Automotive, Inc. ( ORLY ) provides aftermarket parts for consumer cars, including products such as alternators, batteries, engine parts, and fuel pumps. In addition, the company offers services. The company predominantly operates in the United States but has a small and growing number of stores in Mexico, too. At the end of 2023, the company had 6095 stores in the United States and an additional 62 in Mexico....

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