O'Reilly Announces 2008 1Q Earnings

Apr 22, 2008

Springfield, MO, April 22, 2008 — O’Reilly Automotive, Inc. (“O’Reilly” or “the Company”) (Nasdaq: ORLY) today announced revenues and earnings for the first quarter ended March 31, 2008. Sales for the three months ended March 31, 2008, totaled $646 million, up 5.4% from $613 million for the same period a year ago. Gross profit for the first quarter of 2008 increased to $288 million (or 44.6% of sales) from $269 million (or 43.9% of sales) for the first quarter of 2007, representing an increase of 7.1%. Selling, General and Administrative expenses increased to $214 million (or 33.2% of sales) for the first quarter of 2008 from $192 million (or 31.3% of sales) for the first quarter of 2007, representing an increase of 11.6%.