A Few Follow up Thoughts from O’Reilly Auto Parts Conference Call

I don’t like to get caught up in very short term ebbs and flows, but I think it is worth noting that both Asbury and O’Reilly mentioned on their conference calls that demand trends in the first few weeks of April were kind of sluggish. 

For O’Reilly, the rather sluggish demand in the first three weeks compelled them to tell analysts they only expect same-store sales to be up 3% to 5% in the second quarter.  Even though they had just reported a 6.8% increase in the first quarter and maintained their 4% to 6% guidance range for all of 2007. 

This leaves the company expecting to earn ...

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Related Companies: O'Reilly Auto Parts