O'Reilly Automotive posts record Q3 results, beats estimates and lifts 2026 guidance
O'Reilly Automotive reported third‑quarter 2026 revenue of $5.12 billion and GAAP diluted EPS of $0.97, both surpassing analyst forecasts. Comparable‑store sales rose about 7% year‑over‑year. The company raised its full‑year 2026 outlook to $19.0‑$19.3 billion of revenue and $3.25‑$3.35 of EPS, and announced a $1.03 billion share repurchase of 11.8 million shares. CEO Brad Beckham highlighted market‑share gains and the opening of 173 net new stores to date, with a target of 225‑235 for the year.
Why it matters
The higher guidance expands the earnings runway for investors, while the share buyback returns capital and may support the stock price. Analysts kept Buy ratings and lifted price targets, indicating continued optimism.
Key facts
- 1Q3 2026 revenue was $5.12 billion, up 9% YoY. tradingview.com
- 2GAAP diluted EPS for the quarter was $0.97, a $0.04 beat. seekingalpha.com
- 3Comparable‑store sales increased 7.2% YoY. tradingview.com
- 4Full‑year 2026 revenue guidance was raised to $19.0‑$19.3 billion. investing.com
- 5Full‑year 2026 EPS guidance was raised to $3.25‑$3.35. investing.com
- 6The company repurchased 11.8 million shares for $1.03 billion. investing.com
Open questions
- Comparable‑store sales growth is reported as 7.2% and 7.1%.
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.