- In Q4 2021, O’Reilly’s sales increased by 16% to $3.29 billion and net profit increased by 32% to $519 million compared to the previous year.
- For the year 2022, the company is expecting revenue in the range of $14.2 billion to $14.5 billion, rising from $13.33 billion for the year 2021.
- The diluted earnings per share increased by 32% to $31.10 in the year 2021 from $23.53 for the year 2020.
- As of December 2021, the company had 5,784 stores and it is planning to open 175 to185 new stores in the year 2022.
- The rise of electric mobility may impact the demand for aftermarket parts.
For further details see:
O'Reilly Automotive: Bet On This Top Aftermarket Auto Parts Stock