SPRINGFIELD, Mo. O’Reilly Automotive has announced record revenues and earnings for its third quarter ended Sept. 30, 2011.
Sales for the third quarter increased by $110 million, or 8 percent, to $1.54 billion from $1.43 billion for the same period one year ago.
Gross profit for the third quarter increased to $754 million (or 49.1 percent of sales) from $693 million (or 48.6 percent of sales) for the same period one year ago, representing an increase of 9 percent. Operating income for the third quarter increased to $241 million (or 15.7 percent of sales).