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Shares of auto parts and accessories retailer O’Reilly Automotive (NASDAQ:ORLY) fell 3.8% in the afternoon session after investors continued to sell shares following its recent quarterly earnings report, which contained a weak full-year guidance.
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O’Reilly Automotive’s third quarter results met revenue expectations but were met with a negative market reaction, reflecting investor concerns about inflation-driven pressures and shifting consumer behavior. Management pointed to strong growth in the professional segment, which benefited from increased ticket counts and broad-based share gains across markets. However, the do-it-yourself (DIY) segment began to experience modest declines in transaction counts due to rising prices. CEO Brad Beckham noted, “We began to encounter modest pressure to DIY transaction counts midway through the third quarter, which we believe reflects some degree of initial short-term reaction by DIY consumers in response to rising price levels.”
Auto parts and accessories retailer O’Reilly Automotive (NASDAQ:ORLY) met Wall Street’s revenue expectations in Q3 CY2025, with sales up 7.8% year on year to $4.71 billion. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $17.7 billion at the midpoint. Its GAAP profit of $0.85 per share was 2.4% above analysts’ consensus estimates.
September inflation came in below forecasts, boosting Fed rate-cut bets and helping Trump claim tariffs aren't driving broad price increases. Stocks rallied to new record highs.
Curious about the top performers within the S&P500 index in the middle of the day on Thursday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Auto parts and accessories retailer O’Reilly Automotive (NASDAQ:ORLY) met Wall Street’s revenue expectations in Q3 CY2025, with sales up 7.8% year on year to $4.71 billion. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $17.7 billion at the midpoint. Its GAAP profit of $0.85 per share was 2.4% above analysts’ consensus estimates.
Energy markets dominated headlines Thursday as a fresh wave of U.S. sanctions targeting Russia's oil giants sparked a sharp rebound in crude prices and lifted energy shares.
