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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.
1h
O’Reilly Auto (ORLY) Receives a Hold from Morgan Stanley
In a report released today, Simeon Gutman from Morgan Stanley maintained a Hold rating on O’Reilly Auto (ORLY – Research Report), ...
Springfield Business Journal
10d
O'Reilly Auto opens distribution center at former Convoy of Hope HQ
O'Reilly Automotive Inc. (Nasdaq: ORLY) cut the ribbon Friday on a new distribution center in the former headquarters ...
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 ...
1h
Wedbush Remains a Hold on O’Reilly Auto (ORLY)
In a report released today, Seth Basham from Wedbush maintained a Hold rating on O’Reilly Auto (ORLY – Research Report), with a ...
2d
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 ...
Financial News & Daily Record
7d
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 ...
2d
A Glimpse of O'Reilly Automotive's Earnings Potential
O'Reilly Automotive ORLY is gearing up to announce its quarterly earnings on Wednesday, 2024-10-23. Here's a quick overview ...
13d
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 ...
22h
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 ...
5h
Optimistic Outlook for O’Reilly Auto: Market Share Resilience and Future Growth Prospects Justify Buy Rating
O’Reilly Auto (ORLY – Research Report), the Consumer Cyclical sector company, was revisited by a Wall Street analyst yesterday.
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