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Auto parts stocks slump
Auto parts stocks slump as O'Reilly lowers outlook on 'soft demand environment'
O'Reilly Automotive (ORLY) lowers FY24 guidance, sending shares of auto parts retailers lower. Read more here.
O'Reilly Automotive lowers full year outlook as demand for some auto parts softens
Auto Parts distributor O'Reilly Automotive Inc tightened its full-year profit and sales expectations on Wednesday as customers cut back on purchases of some non-essential auto parts, sending shares down 2.
O'Reilly Automotive Cuts Top-End of FY Sales Outlook
O'Reilly Automotive again cut its outlook for the year. It now expects full-year comparable store sales growth of 2% to 3%, compared with a prior outlook for 2% to 4%. It also forecasts full-year revenue of $16.6 billion to $16.8 billion, slightly lower than the $16.6 billion to $16.9 billion previously forecast.
Financial News & Daily Record
6d
O’Reilly Auto Parts planned for Green Cove Springs
The Green Cove Springs store is planned at 1718 Verdad St. off U.S. 17 north of Wendy’s and Winn-Dixie. It is planned to be 7 ...
15h
O'Reilly (NASDAQ:ORLY) Misses Q3 Sales Targets
Auto parts and accessories retailer O’Reilly Automotive (NASDAQ:ORLY) missed Wall Street’s revenue expectations in Q3 CY2024 ...
Hosted on MSN
7mon
6 Underrated Tools You Can Find At O'Reilly Auto Parts
Some of these tools are cheaper than similar products at
stores
like Harbor Freight. There are a few ways to get your hands on an
O'Reilly
Auto
Parts
tool. You can visit their physical
store
...
1d
on MSN
Why Genuine Parts Stock Tumbled Today
Shares of Genuine Parts ( GPC -19.37%) were falling today after the Napa Auto Parts parent posted disappointing results in ...
13d
O'Reilly Auto Parts going up at Sweetwater, making for second North Augusta location
The Sweetwater location will be the second O’Reilly in the North Augusta area; the company also has a shop in the 1700 block ...
12d
O'Reilly Automotive: Overvalued And With Risks, But Long-Term Prospects Are Good
O'Reilly Automotive, Inc. is a leading auto parts retailer with over 6,000 stores and $16 billion in revenues, boasting a ...
KOLR10 & Ozarks Local News
14d
O’Reilly to open new distribution center
O’Reilly Automotive has announced a ribbon-cutting ceremony for its newest distribution center. A press release stated that ...
7d
O’Reilly Auto: Strong Growth Prospects and Resilience Drive Buy Rating
Scott Stember, an analyst from Roth MKM, has initiated a new Buy rating on O’Reilly Auto (ORLY). Scott Stember has given his Buy rating ...
12d
on MSN
Is Advance Auto Parts Stock a Buy?
Another consideration for investors is valuation. Advance Auto Parts stock is trading at 18 times its consensus 2024 EPS as a ...
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