O’Reilly Automotive Isn’t A Buy Yet

O’Reilly Automotive Inc opened their first store in 1957 in Missouri and today stands at over 4900 stores in 47 states.  Their distribution centers and hub stores has allowed them to maintain quick delivery times that their competitors can’t match.

O’Reilly Automotive Inc (NASDAQ:ORLY) is the biggest of the brick and mortar DIY automotive supply stores in the nation. So, it was a bit of shock in late April when it announced that Q1 was weaker than expected. Revenue and earnings were below expectations and even low for the company’s projections, which are usually conservative.

And ORLY stock had been

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