O’Reilly Automotive reports Q2 EPS 78c, consensus 78c

Reports Q2 revenue $4.53B, consensus $4.53B. Comparable store sales increased 4.1% for Q2, on top of 2.3% for the same period one year ago. Brad Beckham, O’Reilly’s CEO, commented, “Team O’Reilly’s dedication was reflected in our strong top-line performance this quarter with a comparable store sales increase of 4.1%, driven by solid growth in both professional and DIY. Our Team’s unwavering commitment to executing on the fundamentals of our business translated our top-line results into an 11% increase in diluted earnings per share, and we remain very confident in our Team’s ability to continue to profitably grow our business and gain share in all the markets in which we operate.”