Springfield, MO, April 29, 2009 — O’Reilly Automotive, Inc. (“O’Reilly” or “the Company”) (Nasdaq: ORLY) today announced record revenues and earnings for the first quarter ended March 31, 2009.
Sales for the three months ended March 31, 2009, totaled $1.16 billion, up 80% from $0.65 billion for the same period a year ago. Gross profit for the first quarter of 2009 increased to $0.54 billion (or 46.6% of sales) from $0.29 billion (or 44.6% of sales) for the first quarter of 2008, representing an increase of 88%. Selling, General and Administrative expenses increased to $0.43 billion (or 36.9% of sales) for the first quarter of 2009 from $0.21 billion (or 33.2% of sales) for the first quarter of 2008, representing an increase of 100%.