O'Reilly Automotive raised its full-year 2026 guidance after reporting an 8% increase in second-quarter sales to $4.89 billion. The company now expects revenue between $18.9 billion and $19.2 billion with operating margins ranging from 19.3% to 19.8%. Net income rose 7% to $715.1 million, while gross margin held steady at 51.4%. The company opened 110 net new stores in North America so far this year and repurchased 16.7 million shares for $1.51 billion during the quarter. Analysts at Morgan Stanley and DA Davidson lowered their price targets but maintained positive ratings, citing peak expense pressure and conservative second-half guidance.
O’Reilly Automotive IncRaised 2026 guidance and strong Q2 results with sales growth and share repurchases.
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