Record Earnings Despite EPS Headwind
O'Reilly Auto Parts delivered record earnings in 2024 despite a $0.46 headwind to EPS from a $35 million charge. This represents a 1% headwind to the full-year EPS growth.
Fourth Quarter Comparable Store Sales Growth
Comparable store sales for the fourth quarter grew by 4.4%, driven by solid results in both professional and DIY sectors.
Strong Maintenance Category Performance
Continued strong demand in maintenance categories and winter weather-related categories, benefiting from easier comparisons to mild weather in the previous year.
Investment in Distribution and Expansion
Capital expenditures in 2024 exceeded $1 billion, with plans for 2025 to include further investment in store, hub, and distribution expansion.
Market Share Gains
O'Reilly continues to gain market share in a challenging environment, with expectations for further growth in their professional business in 2025.