Springfield, MO, October 28, 2009 — O’Reilly Automotive, Inc. (“O’Reilly” or “the Company”) (Nasdaq: ORLY) today announced record revenues and earnings for the third quarter ended September 30, 2009.
Sales for the three months ended September 30, 2009, totaled $1.26 billion, up 13% from $1.11 billion for the same period a year ago. Gross profit for the third quarter of 2009 increased to $611 million (or 48.5% of sales) from $507 million (or 45.6% of sales) for the third quarter of 2008, representing an increase of 20%. Selling, General and Administrative (“SG&A”) expenses increased to $461 million (or 36.7% of sales) for the third quarter of 2009 from $415 million (or 37.3% of sales) for the third quarter of 2008, representing an increase of 11%.