O’Reilly Shares Dip on Cautious Outlook Despite Record Earnings

O’Reilly Automotive (NASDAQ:ORLY) reported record second-quarter earnings for 2025 but saw shares edge down 1% in pre-market trading due to a slightly weaker-than-expected full-year revenue forecast.

Quarterly revenue climbed 6% year-over-year to $4.53 billion, compared with $4.27 billion a year earlier. Comparable store sales grew 4.1%, up from 2.3% in the same period last year, supported by strength in both professional and DIY segments.

Despite the strong quarterly figures, full-year revenue guidance of $17.5 billion to $17.8 billion came in below analyst expectations of around $17.94 billion. However, the company’s projected EPS of $2.85 to $2.95 was in line with consensus.

O’Reilly Automotive expects gross margins between 51.2% and 51.7% for the full year, with operating income margins projected between 19.2% and 19.7%. Free cash flow is forecasted at $1.6 billion to $1.9 billion, supporting ongoing investments and shareholder returns.