O'Reilly Automotive Raises 2026 Guidance After Q3 Earnings, Profit Climbs 8%

O'Reilly Automotive Inc. (ORLY) raised its full-year 2026 outlook, now projecting earnings per share of $3.25 to $3.35, revenue of $19.0 billion to $19.3 billion, and comparable store sales growth of 5.5% to 6.5%. In July, the company had forecast EPS of $3.20 to $3.30, revenue of $18.9 billion to $19.2 billion, and comps growth of 4.0% to 6.0%. Third-quarter net income rose 8% to $786 million from $726 million a year earlier. Diluted earnings per share climbed 14% to $0.97 from $0.85, while sales increased 9% to $5.12 billion from $4.71 billion. Comparable store sales grew 7.2% for the quarter. CEO Brad Beckham said the company has opened 173 net new stores across North America year-to-date and remains on track to reach 225 to 235 net new openings in 2026. O'Reilly shares closed at $90.44 on NasdaqGS at the prior close.