O'Reilly Automotive's Q2: Gaining Market Share In A Tough Environment (Rating Downgrade)
O’Reilly Automotive(ORLY) Seeking Alpha·2024-07-28 16:26
deepblue4you In this article, I will focus on the development of the first full quarter under the leadership of new O'Reilly's CEO Brad Beckam, and why I believe despite being short on consensus expectations for top and bottom lines and lowering the guidance for 2024, the stock price went up the day after the release (25th of July 2024). Revenues: Outperforming The Industry 1 11 O'Reilly Automotive, Inc. (NASDAQ:ORLY) has recently reported its Q2 results, and while the company is starting to feel the tough ...