O'Reilly Automotive Reports Strong Q3 2026 Results Driven by Professional Segment Growth
O'Reilly Automotive (ORLY) delivered robust third-quarter 2026 financial results, reporting a 9% increase in revenue to $5.12 billion and a 14% year-over-year rise in diluted earnings per share to $0.97. Growth was primarily fueled by the professional business segment, which saw comparable sales growth exceeding 10%, while DIY sales maintained mid-single digit growth despite some consumer transaction headwinds. The company also raised its full-year 2026 comparable store sales guidance to a range of 5.5% to 6.5%. While gross margins expanded due to tariff refund benefits, management noted inflationary pressures in petroleum-based categories and secondary cost inflation affecting operating expenses. Looking ahead, O'Reilly plans to accelerate store expansion in 2027 with a target of up to 275 net new stores.
Tickers: $ORLY
Topics: comparable store sales EPS increase guidance raise revenue growth store expansion