Company: ORLY
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0000898173-25-000049
Chunk: 6

Company: O REILLY AUTOMOTIVE INC
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 2M
Chunk 6
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Item 2.  Management’s Discussion and Analysis of Financial Condition and Results of Operations

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Unless otherwise indicated, “we,” “us,” “our,” and similar terms, as well as references to the “Company” or “O’Reilly,” refer to O’Reilly Automotive, Inc. and its subsidiaries.

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In Management’s Discussion and Analysis, we provide a historical and prospective narrative of our general financial condition, results of operations, liquidity, and certain other factors that may affect our future results, including

●an overview of the key drivers and other influences on the automotive aftermarket industry;

●our results of operations for the three and six months ended June 30, 2025 and 2024;

●our liquidity and capital resources;

●our critical accounting estimates; and

●recent accounting pronouncements that may affect our Company.

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The review of Management’s Discussion and Analysis should be made in conjunction with our condensed consolidated financial statements, related notes and other financial information, forward-looking statements, and other risk factors included elsewhere in this quarterly report. 

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FORWARD-LOOKING STATEMENTS

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We claim the protection of the safe-harbor for forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  You can identify these statements by forward-looking words such as “estimate,” “may,” “could,” “will,” “believe,” “expect,” “would,” “consider,” “should,” “anticipate,” “project,” “plan,” “intend,” or similar words.  In addition, statements contained within this quarterly report that are not historical facts are forward-looking statements, such as statements discussing, among other things, expected growth, store development, integration and expansion strategy, business strategies, future revenues, and future performance.  These forward-looking statements are based on estimates, projections, beliefs, and assumptions and are not guarantees of future events and results.  Such statements are subject to risks, uncertainties, and assumptions, including, but not limited to, the economy in general; inflation; consumer debt levels; product demand; a public health crisis; the market for auto parts; competition; weather; trade disputes and changes in trade policies, including the imposition of new or increased tariffs; availability of key products and supply chain disruptions; business interruptions, including terrorist activities, war and the threat of war; failure to protect our brand and reputation; challenges in international markets; volatility of the market price of our common stock; our increased debt levels